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U.S. Inflation Is Highest in 13 Years as Prices Surge 5%

U.S. Inflation Is Highest in 13 Years as Prices Surge 5%
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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McDonald's Raises Pay for U.S. Restaurant Workers

McDonald s Raises Pay for U.S. Restaurant Workers
© Ivy Ceballo/Zuma Press
Powered by Microsoft News
McDonald’s Corp. said it would raise pay for employees at company-owned restaurants in the U.S., one of the latest companies to bolster wages and benefits as they struggle to hire workers.
The burger giant said Thursday it would increase wages for more than 36,500 hourly workers by an average of 10% over the next several months. Nonmanagerial workers at the chain’s roughly 660 company-owned restaurants in the U.S. would earn at least $11 to $17 an hour at entry levels after the increases, McDonald’s said. Supervisors would earn an hourly minimum of $15 to $20. Nonmanagerial employees at company-owned stores earlier this year earned an average of nearly $12 an hour, McDonald’s said, and supervisors earned some $16 to $18 an hour. ....

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Big Companies Woo Scarce Hourly Workers With Higher Pay, Bonuses

Provided by
Dow Jones
By Sebastian Herrera and Heather Haddon
The fight is on for lower-wage workers.
Some of the biggest U.S. employers of entry-level workers are adding tens of thousands of new positions as the economy roars back from the coronavirus pandemic. Many are raising wages or adding perks to entice workers away from other jobs or off the sidelines of the labor market.
Amazon.com Inc. said Thursday that it would hire 75,000 more workers and offer $1,000 signing bonuses in some locations, its latest hiring spree in a year of tremendous job growth at the e-commerce giant. McDonald s Corp. said that it wants to hire 10,000 employees at company-owned restaurants in the next three months and that it would raise pay at those locations. Chipotle Mexican Grill Inc., Applebee s and KFC are among other chains seeking to hire tens of thousands of workers as they reopen dining rooms and seek to bolster staffing there. ....

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Amazon, McDonald's, Others Woo Scarce Hourly Workers With Higher Pay -- Update

The fight is on for lower-wage workers.
Some of the biggest U.S. employers of entry-level workers are adding tens of thousands of new positions as the economy roars back from the coronavirus pandemic. Many are raising wages or adding perks to entice workers away from other jobs or off the sidelines of the labor market.
Amazon.com Inc. said Thursday that it would hire 75,000 more workers and offer $1,000 signing bonuses in some locations, its latest hiring spree in a year of tremendous job growth at the e-commerce giant. McDonald s Corp. said that it wants to hire 10,000 employees at company-owned restaurants in the next three months and that it would raise pay at those locations. Chipotle Mexican Grill Inc., Applebee s and KFC are among other chains seeking to hire tens of thousands of workers as they reopen dining rooms and seek to bolster staffing there. ....

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Elena Burnett

Elena Burnett
wknofm.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wknofm.org Daily Mail and Mail on Sunday newspapers.

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