The road to American employment recovery is too difficult! Starbucks (SBUX.US) announces salary increase to retain employees

Source: Zhitong Finance Network

  Zhitong Finance App learned that due to labor shortages, restaurants across the United States are struggling to find enough waiters and cashiers to serve customers. Starbucks (SBUX.US) said on Wednesday that it will increase pay for employees who have worked in the United States for at least two years. , And provide a referral bonus of $200.

  Starbucks said that at the end of January, employees who have worked for at least two years will receive a salary increase of up to 5%, and employees who have worked for more than five years will receive a 10% salary increase.

  The Seattle-based company said that by the summer of 2022, the average wage of all American workers will be between $15 and $23 an hour, an average of nearly $17 an hour.

  In December of last year, Starbucks increased the wages of existing employees by 10% or more, and said it would increase the starting salary to at least $15 per hour in the next few years. The company said that the reforms over the past two years will invest a total of US$1 billion in wages and benefits.

  Many chain stores are raising wages to attract more workers. In the case of a general labor shortage, a large number of restaurants are trying to recruit and retain enough labor to ensure that their stores are fully operational.

  McDonald's (MCD.US) said on Wednesday that due to labor shortages, some stores had to close early or slow down serving times.

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