McDonald’s Expands Benefits List to Boost Employment

Various McDonald’s branches across the US, particularly those owned by franchisees, are beginning to consider offering numerous benefits that will help attract more workers and boost employment as the economy opens up.

A new plan dubbed as the “Employee Value Proposition” is geared to significantly improve the working experience at McDonald’s. It’s based on the feedback of 5,000 workers and managers.

Among the benefits that McDonald’s restaurants are planning include the provision of emergency child-care, higher hourly wages, and assistance with education costs.

In June, owners came to a decision to bolster the pay and benefits of their employees. The plan has likewise been endorsed by the National Franchise Leadership Alliance (NFLA).

David Costa from the NFLA expressed that this new framework will allow McDonald’s to “remain employers of choice in today’s increasingly competitive hiring environment.”

Earlier in May, McDonald’s also announced that it would increase hourly wages at its company-owned restaurants to $15 on average per hour by 2024.

Other fast-food chains have since followed suit. Chipotle, for instance, has also established higher hourly rates for its employees. Burger King, on the other hand, has begun to offer sign-on bonuses for its new workers.

Source: BBC