A 10% raise helped McDonald's ease its worker shortage, CEO says
Raising wages seems to have helped McDonald’s attract workers, along with unemployment benefits ending. “We’re getting close to full staffing levels,” CEO Chris Kempczinski said, per Restaurant Business. Anecdotally, raising wages seems to be a powerful motivator for luring workers back. Remarks from a McDonald’s earning calls shows one strategy that may have helped the fast-food giant hire workers amidst the US labor shortage: Paying more. In a Wednesday earnings call, CEO Chris Kempczinski linked the chain’s announcement of a wage hike to more ease in filling positions. McDonald...