Chipotle Raises Average Hourly Wage to $15 Amid Labor Crunch
- Burrito chain plans to hire 20,000 employees across the U.S.
- Employers across industries have struggled to find workers
An employee prepares a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky, U.S.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Chipotle Mexican Grill Inc. is raising its average wage to $15 an hour as it moves to hire 20,000 workers across the U.S., joining a growing number of companies reconsidering worker pay amid widespread labor shortages.
The burrito chain plans to reach that compensation level by the end of June and will set hourly starting wages at $11 to $18 an hour, according to a statement Monday. Chipotle said in January that its average hourly rate was about $13, with starting wages at its restaurants over $10.