McDonald's has announced a raise in hourly wages for more than 36,500 employees at company-owned locations by an average of 10%.
The company will continue to roll out the increases, which have already begun, out over the next several months. They include raising entry-level wages to a range of at least $11 to $17 an hour, and the starting range for shift managers to at least $15 to $20 an hour, depending on restaurant location.
The popular fast food chain also stated that they are looking to hire 10,000 new employees over the next three months as dining rooms reopen for the summer season.
"Our first value is taking care of our people, and today we are rewarding our hardworking employees in McDonald-owned restaurants for serving our communities," Joe Erlinger, president of McDonald's USA, said in a company statement. "These actions further our commitment to offering one of the leading pay and benefits packages in the industry."
Based on the trajectory of the current marketplace, McDonald's expects the average hourly wage for its company-owned restaurants to increase to $15 an hour in a phased, market-by-market approach.
Some restaurants have reached, or will reach, an average hourly wage of $15 an hour in 2021, and average hourly wages are expected to reach $15 an hour by 2024.
Along with the wage increases, McDonald's also announced a competitive benefits package available to eligible employees, including paid time off, access to education, 401(k) plans, reward programs with cash incentives, free meals, and assistance with housing, childcare, counseling, legal referrals.
Discover more fast food content on Audacy
—Taco Bell breakfast menu items, ranked
—13 Taco Bell dishes you'll only find on international menus
—How many calories are in your favorite McDonald's menu items?
—Taco Bell secret menu: 7 items you have to try
—9 vintage fast-food commercials you have to watch
—11 items you won't believe were once on the menu at McDonald's
—11 McDonald's fast-food menu items from around the world
—Best Popeyes menu items, ranked
—7 things to know about Colonel Sanders
LISTEN on the Audacy App
Sign Up and Follow Audacy
Facebook | Twitter | Instagram
