While some fast-food chains bemoan labour inflation in America’s hot economy, Yum! Brands Inc.–owner of Taco Bell restaurants–is taking a different approach.
Instead of belt-tightening, Taco Bell is offering $100,000-a-year salaries for managers at select Midwest and New England, U.S. locations.
The company is also increasing wages for other leadership positions and offering incentives for all employees, including 24-hours paid sick leave.
With unemployment at 3.5 percent, 50-year-low in America, competition for qualified workers is heating up in sectors previously considered entry-level employment and largely staffed by minimum wage workers.
Though fast-food outfits like California’s In-N-Out Burger have been paying managers $100,000 for a decade, the average salary for running a Burger King restaurant in United States–$45,414, according to the employment website Glassdoor–is on par with managing a McDonald’s restaurant in Canada.
The following advertisement is from Service Canada’s ‘job bank’: McDonald’s manager for one of its Burnaby B.C. locations; $48,007/year.
But according to employment website Nuevo that tracks wages across industry sectors via job postings, the median managerial wage at a Canadian fast-food restaurant is $27,300.
Based on annual wages for 961 related jobs, the best paid fast-food managers live in Alberta and make an average of $39,488/year while the lowest paid are in the Maritimes–New Brunswick, Nova Scotia and Prince Edward Island–earning $23,400
Ironically, as some U.S. fast-food chains vie for managerial staff with more competitive salaries, the industry writ large has resisted efforts in Congress to increase the federal minimum wage from $7.25/hr to $15/hr, over five years.
The National Restaurant Association, lobbyists for the fast-food sector, continue to oppose this legislation, arguing that increasing the wage price floor would put smaller operators out of business.
It’s a similar argument that Ontario businesses made against increasing minimum wages in the province and in 2018, Progressive Conservative Premier Doug Ford’s government scrapped previous policy to increase it to $15/hr in 2019.
Join and support independent free thinkers!
We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.
Remind me next month