McDonald's, Sheetz and Chipotle are just some of the latest companies to follow Amazon, Walmart and Costco in boosting wages, in some cases to $15 an hour or higher.
McDonald’s , Sheetz and Chipotle are just some of the latest companies to follow Amazon, Walmart and Costco in boosting wages, in some cases to $15 an hour or higher.
Still, the pay increases could contribute to higher inflation if companies raise prices to cover the additional labor costs.
McDonald’s on Thursday said it will raise pay for workers in its 650 company-owned stores to an average of $15 an hour by 2024.
Also on Thursday, Amazon said it will pay new hires $17 an hour, as it seeks to add 75,000 new workers.
Fight for $15 is planning strikes in 15 cities next Wednesday ahead of the fast food giant’s annual shareholder meeting. »