Chipotle Raises Wages to $15 an Hour
Most restaurants are struggling to hire workers. As a result, many restaurants have increased their wages. Chipotle is following the trend of the restaurant industry and raising its wages to $15 an hour. Additionally, some employees will become eligible to make a six-figure salary after just a few years on the job. The wage increases will begin in the coming weeks for new and existing employees, which will result in a pay of between $11 and $18 per hour. Employees can also be promoted to a general manger position within about three and a half years. The role receives annual average compensation of $100,000. Chipotle, which aims to hire 20,000 employees ahead of the summer and will also be unveiling a $200 employee referral bonus.
See "Chipotle Raises Wages to $15 an Hour", Jordan Valinsky, CNN Business, May 13, 2021