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Chipotle Raising Average Wage to $15 Per Hour

TheMotleyFool

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Chipotle Raising Average Wage to $15 Per HourPhoto, wide shot, wide-angle lens, Toy manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.theapi.app/temp/2788fcd3-d339-4592-8f5c-a3b9125dc61f.png

Facing a worrying shortage of restaurant workers in this country, burrito-king Chipotle Mexican Grill (NYSE: CMG) is enacting a sweeping pay raise. The company announced that it's lifting its average hourly wage to $15, matching the minimum called for by many American labor activists.

The burrito slinger added that the pay bumps will be enacted within the next few weeks and will mean hourly pay for starting "crew members" of $11 to $18 per hour.

Image source: Chipotle Mexican Grill.

Source Fool.com

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