A 10% raise helped McDonald's ease its worker shortage, CEO says

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A 10% raise helped McDonald's ease its worker shortage, CEO says
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struggling to hire workers in April, with one location paying prospective workers $50 to simply show up for an interview.in May that the company was raising pay at corporate-owned locations by an average of 10%, an announcement that came after executives alluded to changes in compensation amidst a tight labor market.

"We're seeing wages going up about 5% or so in our US restaurants. And that is also helping improve the situation," Kempczinski said. He added:"After we made our announcement back in April, we're getting close to full staffing levels." Something else that may have played a role, per Kempczinski: States winding down enhanced unemployment benefits early. He said that"applications in states that have ended early the federal stimulus have tended to do better," and that he believed application rates would pick up as those benefits wind down. Taylor alsothat some McDonald's franchisee were saying those enhanced benefits were making it difficult to find workers.

"What's going on here? When people can make more staying at home than going to work, they will stay at home," franchisees in the National Owner's Association wrote in that April letter."It's that simple. We don't blame them. We fault the system." While it's not really as simple as"

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