Chipotle hikes average pay to $15 an hour in bid to hire 20,000 workers

More On:

chipotle mexican grill

National Burrito Day 2021: Here’s where to get free food to celebrate

e.l.f. Cosmetics and Chipotle launch spicy new collection and bowl

NYC Chipotle besieged by rats feasting on avocados, biting employees

Chipotle to open its first pickup-only location this weekend

Chipotle Mexican Grill is jacking up its hourly wages next month in a bid to boost its rolls by 20,000 employees.

The pandemic-stricken burrito chain said will hike its average hourly wage to $15 by the end of June. The changes will result in starting wages for hourly workers ranging from $11 to $18 per hour, the company said.

Chipotle said it also will offer a $200 employee referral bonus for crew members and a $750 referral bonus for general managers.

As part of the pay boost, Chipotle said employees can advance to the highest management position at its restaurants — general manager — in three and a half years with an average compensation of $100,000. 

 “We are sharing with people that it’s not just a job right now, but it’s actually a job that can lead to a meaningful career,” Chipotle Chief Executive Brian Niccol told CNBC.

Chipotle said it is opening an additional 200 restaurants this year, which compounds its greater need for workers. The company will launch what it says is an industry-first virtual job fair on May 13 on the Discord app.

The pay increases come amid a tight labor market in which restaurants are starving for hourly workers. Experts say millions who have dropped out of the workforce are reluctant to return either because they are earning as much or more from government unemployment perks or they are fearful about being exposed to COVID-19.

In addition to Chipotle, fast food chains including McDonald’s have been boosting their pay and introducing hiring bonuses for the first time.

Share this article:

Source: Read Full Article