Chipotle to hike wages, offer up to $750 in referral bonuses in attempt to hire 20,000 workers

Chipotle to hike wages, offer up to $750 in referral bonuses in attempt to hire 20,000 workers.

5/11/2021 3:20:00 AM

Chipotle to hike wages, offer up to $750 in referral bonuses in attempt to hire 20,000 workers.

There are also opportunities to advance to a restaurateur position, which is the highest-ranking general manager, with average compensation of $100,000 a year.

Kate Rogers, CNBCAs the labor market heats up, Chipotle Mexican Grill announced Monday it is raising pay for restaurant workers, reaching an average of $15 an hour by the end of June.The company has also introduced employee referral bonuses of $200 for crew members and $750 for apprentices or general managers, as it looks to recruit 20,000 new workers across the country to support its peak season and new restaurant openings.

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The pay hike for new and existing restaurant workers, both hourly and salaried, will roll out over the next few weeks, with hourly crew wages starting in the range of $11 to $18 per hour. There are also opportunities to advance to a restaurateur position, which is the highest-ranking general manager, with average compensation of $100,000 a year, Chipotle said, in as little as 3½ years.

In an interview with CNBC, Chipotle CEO Brian Niccol said the current labor market is among the most challenging he has seen in his career in the restaurant industry. In this environment, the company hopes to convey the opportunities that exist for growth within the brand. headtopics.com

“We are sharing with people that it’s not just a job right now, but it’s actually a job that can lead to a meaningful career,” Niccol said, as workers are being choosy with employment options and reassessing work post-pandemic.“I’m glad that we’re a company that’s got the growth, and frankly the strength, to increase wages and start talking more about how the job leads to your future growth with our company,” he said.

Feedback from hiring managers has pointed to a myriad of reasons for challenges in finding workers beyond stimulus money including uncertainty around school plans, child care and more, he said, adding that the company is confident it will be able to recruit the workers needed to support growth.

Chipotle is getting creative in its hiring initiatives. It is hosting a virtual career fair on Thursday on Discord, the social platform, that will include sessions with current employees. Other Chipotle benefits include mental health care and 401(k) plans and debt-free degrees for workers after 120 days from nonprofit, accredited universities in partnership with Guild Education.

“We challenge ourselves to be on the platforms and in the places where our customers are — as well as young people that I think would be really interested in the opportunity to work at Chipotle,” Niccol said.A tight labor market is hitting companies across the industry, forcing many to step up recruitment efforts. headtopics.com

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McDonald’s held hiring events last month to fill 25,000 positions in Texas after bringing on 260,000 workers as restaurants reopened for dining last year. The company says it is sharing hiring practices across markets and just hosted a webcast to discuss best practices in staffing. Owners and operators are using different programs to recruit locally from pay incentives, including appreciation pay, sign-on and referral bonuses and benefits like offering paid time off.

IHOP, owned by Dine Brands, is looking to hire 10,000 employees for full and part-time workers. Yum Brand’s Taco Bell also held nationwide hiring parties in April to bring on 5,000 workers.A tight labor market is hitting business big and small. The U.S. Chamber of Commerce called for an end to enhanced unemployment benefits Friday, claiming the boost in pay was a drag on the labor market.

The National Federation of Independent Business said 44 percent of small business owners had roles they could not fill in April, a record high for a third month straight. NFIB chief economist Bill Dunkelberg said in a statement that some owners are even offering “show up” bonuses for those who are hired and report to their new job.

Some small-business owners are even offering “show up” bonuses for those who are hired and report to their new job.Ray Keating, chief economist at the Small Business & Entrepreneurship Council, said the dearth of workers is about much more than just enhanced unemployment benefits — there’s uncertainty about child care, health concerns and personal savings rate increases thanks to stimulus that may be buying some workers time. headtopics.com

“I do think there is a big reevaluation going on both on the business side and the individual side of how we work and where we work,” he said of the shift in life seen over the last year due to the pandemic.Companies are also noting the talent crunch is impacting business beyond their own restaurant operations. Wingstop CEO Charlie Morrison said labor is a factor in the chicken supply chain, leading in part to the ongoing shortage.

“The pandemic has caused challenges to be able to staff plants to be able to slaughter enough chickens to be able to meet the demands of the marketplace,” he said in an interview.Papa John’s pizza maker has hired 30,000 workers over the course of the pandemic. CEO Rob Lynch said the company is working to retain them, but sees supply availability and labor shortages going hand in hand.

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👏🏻👏🏻👏🏻👏🏻👏🏻 They can pay whatever they want cause they make their employees finish their work AFTER clocking out. No telling how much unpaid labor that shit company has exploited Imagine doing this instead of just printing off a piece of paper saying well nobody wants to work anymore sorry 😂 Have they considered not having the working conditions be awful?

That is how America is supposed to work!! A dozen cookies for Chipotle! 🍪 This is the perfect remedy for the childcare crisis. I am retired, the other day I was in the park w my Granddaughters overheard some ppl talking about ppl not taking jobs cause they either did not provide PPE or enforce health safety guidelines but yet all I hear is this crap about pay in the news & S.M. ABC CBSNews CNN MSNBC

Markets, not mandates. maybe this a better idea - as opposed to blaming people who are getting barely enough unemployment to survive. Buck up, companies. Pay people what they deserve. See what that looks like. Pay people so they can afford quality child care maybe because their employees are so over it they left

Chipotle to hike wages, debut referral bonuses in attempt to hire 20,000 workersChipotle CEO Brian Niccol said the current labor market is among the most challenging he's seen in his career in the restaurant industry. So those states that are cutting unemployment benefits may be in for unpleasant surprise. When for the hiring signs are not taken down. NFIB katerogers I am drawing shiba coins on my account. Don't you want to join for free and try your luck?

It's about time employers show they value their employees. ...and once they get those workers, the same old policies will commence. Don't be fooled. they could spend that energy on making decent food and not getting ppl sick... At age 8, he had an accident that badly affected his eyes. This was very traumatizing for Mukit and his parents. He set them back not only academically but financially. Doctors concluded he would need a corrective surgery. 📿🙏🙏.....

At age 8, he had an accident that badly affected his eyes. This was very traumatizing for Mukit and his parents. He set them back not only academically but financially. Doctors concluded he would need a corrective surgery. 📿🙏🙏.. At age 8, he had an accident that badly affected his eyes. This was very traumatizing for Mukit and his parents. He set them back not only academically but financially. Doctors concluded he would need a corrective surgery. 📿🙏🙏

Workers haven't had this power for 40+ years. Keep it up. It's time companies pay their people a living wage.

Chipotle to hike pay, offer bonuses in bid to hire 20,000 more workersChipotle said it will increase restaurant wages resulting in a $15 average hourly wage by the end of June, as it looks to bring on 20,000 workers. F&B workers got a taste (pun intended) of what it’s like to not work F&B and probably found other opportunities that pay more in a less stressful environment. I hate it for struggling restaurants but can’t blame them. Walmart distribution center is doing this for new hires

Chipotle raises average hourly wage, looks to hire 20,000 workersSeveral U.S. restaurant chains, including Taco Bell and McDonald's, are adding benefits or running hiring events to lure applicants as people, flushed with stimulus checks, are wary of returning to work. Raising the minimum wage to $15 an hour has also been on U.S. President Joe Biden's agenda. Chipotle said it would offer a $200 employee referral bonus for crew members and $750 for apprentices or general managers. I would work there in six seconds but I was in the fast food industry for six and I am sick of it Average? That could mean management could receive a wage of $25.00 per hour and front line workers would continue to receive minimum wage of $7.50. Why not pay a starting wage of $15.00? No to cookies to read. 🤮

Chipotle raises average hourly wage, looks to hire 20,000 workersBurrito chain Chipotle Mexican Grill (CMG.N) said on Monday it plans to hire 20,000 more employees and will raise the average hourly wage to $15 by the end of June, as fast-food chains in the United States scramble to reopen dine-in services with the easing of pandemic curbs.