McDonald’s Corp. (NYSE: MCD) has announced that it will be raising hourly wages for over 36,500 employees at McDonald’s owned restaurants by an average of 10 percent. The increases have already begun and will be rolled out within the next several months that include shifting the entry level wage for crew to minimum USD 11 – 17 per hour as the starting range for shift managers to a minimum of USD 15 – 20 an hour based on restaurant location. With the summer season arriving and indoor dining re-opening in certain locations, McDonald’s owned restaurants plan to hire 10,000 new employees within the next three months. “Our first value is taking care of our people, and today we are rewarding our hardworking employees in McDonald-owned restaurants for serving our communities,” said Joe Erlinger, President McDonald’s USA. “These actions further our commitment to offering one of the leading pay and benefits packages in the industry.”
McDonald’s continues to commit to evaluating competitive wage data and evolving legislation, including the regulatory environment to determine appropriate wage ranges on a market by market level. McDonald’s provides opportunities to its crew (USD 2,500) and managers (USD 3,000) a year in college tuition assistance, including an opportunity to receive a high school diploma at no cost with English as a Second Language programs. Employees are eligible after 90 days of employment at an average of 15 hours per week.