Shake Shack Inc. said Wednesday that it will invest more than $10 million in wages, hiring bonuses and other programs over the coming years, after spending $6 million in 2020.
The coming investment will not only be for current workers, but is part of the company’s “commitment to attracting and retaining the best restaurant talent.”
Shake Shack SHAK, +2.47% raised wages at more than half of its locations last year, and raised them again at two-thirds of restaurants this year. Managers will be receiving allowances for cellphone bills, entertainment subscriptions and services that help with mental, physical and emotional well-being.
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