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McDonald’s big bold plans to get staff back to work

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Working at McDonald’s in the US is about to come with a range of new perks

McDonald’s restaurants in the US are set to offer higher hourly wages and help with education costs to attract workers as Covid restrictions ease in the US.

McDonald’s is one of the many hospitality businesses that laid off staff during the pandemic but has since struggled to hire as America opens up.

The majority of McDonald’s stores are owned by franchisees

McDonald’s also plans to help workers find childcare for their children to allow parents more flexibility to come to work.

The new plan, or “Employee Value Proposition” – which is intended to improve the experience of working at McDonald’s restaurants – is based on the responses of 5,000 its workers and managers.

Franchisees own about 93% of the 38,000 McDonald’s restaurants worldwide. And some of those restaurant owners in the US will pilot new perks that include the provision of emergency child-care if employees are called in at the last minute.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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