The six-figure salary is being not offered at a couture cuisine site with culinary accolades, however at fast-food restaurant Taco Bell.
Amid a progressively hardened U.S. labor market, the chain is betting a higher sum will help it draw workers and keep them on the roster. The Yum! Brands Inc.-owned establishment will try out the higher salary in designated restaurants in the U.S. Northeast and Midwest, and will too attempt a new role for employees who desire leadership experience though do not opt to be in a management position.
Current general manager salaries at company-owned Taco Bell locations are between $50,000 and $80,000, accordant to the company. This is merely another example of how obstinately low unemployment is shifting the dynamics of fast food, which has been viewed for decades as the atypical low-wage job. Restaurants including Shake Shack Inc. and Olive Garden owner Darden Restaurants Inc. have recently pointed out labor inflation that’s suffering margins.
This past November, the unemployment rate dropped to 3.5%, duplicating the weakest since 1969, whilst average hourly earnings spiked and surpassed projections. On Thursday Taco Bell announced plans as well to make all of its consumer packaging reusable, compostable or recyclable by 2025. Amid the increase of plant-based meat mimicries, the chain furthered it wants to continue offering vegetarian menu items for buyers like the black bean crunchwrap.
Fellow franchise giant, McDonald’s, recently declared that it would no longer battle plans to raise their minimum wage. This election comes as a total turnabout from the Chicago based fast-food mogul and a huge blow to those objected to the “Fight for $15 Movement.” The startling announcement is a milestone for the nationwide campaign to raise minimum wages, and this change comes as Democrats in the House push forward their proposal to increase the federal minimum of $7.25 an hour. The wage federally has stayed, intact since 2009.
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