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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

Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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