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TopicMcDonald's is raising hourly wages for employees across the U.S.
Lebronwon
05/13/21 3:59:57 PM
#1:


https://finance.yahoo.com/news/mc-donalds-wages-124213592.html

McDonalds (MCD) will raise hourly wages "by an average of 10%" for more than 36,500 employees at more than 660 U.S. restaurants. "These increases, which have already begun, will be rolled out over the next several months and include shifting the entry level range for crew to at least $11-$17 an hour," the fast food giant said in a statement, adding that shift managers would be paid at least $15 an hour. The wage increases will not apply to employees at more 13,000 McDonald's restaurants owned and operated by franchisees.

The move comes as McDonald's workers are planning to strike across 15 cities on May 19 to demand higher wages. Clearly, McDonalds understands that in order to hire and retain talented workers, something needs to change," St. Louis-based McDonalds worker and union leader Doneshia Babbitt said in a statement, which also asserted that the company announcement amounts to "raising pay for some of us and using fancy math tricks to gloss over the fact that theyre selling most of us short. ... Thats why were going on strike in 15 cities next Wednesday, May 19, the day before McDonalds annual shareholders meeting, to demand $15/hr for every worker in every McDonalds restaurant."

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