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McDonald’s Joins Trend in Raising Pay

Wall Street Journal (04/01/15) Annie Gasparro; Eric Morath

McDonald’s Corp. will begin paying employees at the roughly 1,500 U.S. restaurants it owns at least $1 an hour more than the local minimum hourly wage on July 1. The change will affect more than 10% of McDonald’s restaurant employees nationwide, or about 90,000 workers of all experience levels and ranks. Franchisee employees are not affected by the policy. The average hourly rate will increase from $9.01 to $9.90 in July and reach more than $10 by the end of next year.