how much does mcdonald's pay?
TLDR: McDonald's plans to raise its average hourly wage to $15 by 2024 in response to labor shortages and competitive pressures. Entry-level positions typically pay between $11 and $17 per hour, while management roles earn more, with geographic location significantly affecting wages.
McDonald's has made notable adjustments to its pay structure, aiming for an average hourly wage of $15 by 2024 at company-owned restaurants. This decision is part of a broader strategy to address labor shortages and meet the demands of labor advocates. Currently, entry-level employees, such as crew members, earn between $11 and $17 per hour, while shift managers can expect to earn between $15 and $20 per hour. Geographic location plays a crucial role in determining wages, with states like California implementing higher minimum wage laws.
In addition to wage increases, McDonald's offers a competitive benefits package, including paid time off and educational opportunities through its Archways to Opportunity program. These efforts reflect the company's commitment to enhancing employee compensation and support, ensuring it remains a leading employer in the fast-food industry as the labor market continues to evolve.
See More
- Restaurant Business Online. McDonald’s expects to pay $15 an hour at company restaurants by 2024
- McDonald's Corporate. McOpCo wage raise
- Zippia. McDonald's careers salary
- Daily Dot. How much does McDonald’s pay?
- Los Angeles Times. Column: The latest data on California’s $20 minimum wage for fast-food workers
- QSR Magazine. McDonald’s finds advantage in fast-food labor battle
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