Low-Wage Workers Now Have Options, Which Could Mean a Raise [The New York Times]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: The New York Times
McDonald’s israising wages at its company-owned restaurantsThe reason? “In January, 8 percent of restaurant operators rated recruitment and retention of work force as their top challenge,” Hudson Riehle, senior vice president for research at the National Restaurant Association, said in an email. “By May, that number had risen to 72 percent.”Restaurant workers — burger flippers and bussers, cooks and waiters — have emerged from the pandemic recession to find themselves in a position they could not have imagined a couple of years ago: They have options. They can afford to wait for a better deal.In the first five months of the year, restaurants put out 61 percent more “workers wanted” posts for waiters and waitresses than they had in the same months of 2018 and 2019, before the coronavirus pandemic shut down bars and restaurants around the country, according to data from Burning Glass, a job market analytics firm.That’s not all: The jobs that waiters and waitresses typically transition t
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News
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
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- This Stock Is a Sleeping Giant [Yahoo! Canada Finance News]Yahoo! Canada Finance News
- McDonald's history: Beyond the Ticker [Yahoo! Finance]Yahoo! Finance
- Fast food has become a luxury in California, a franchisee says [Business Insider]Business Insider
MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/9/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- 4/8/24 - Form ARS
- MCD's page on the SEC website