McDonald's Raising Pay For Workers At Company-Owned Locations
By Jim Donovan: McDonald's says it's raising pay for workers at its company-owned U.S. restaurants, making it the latest employer to sweeten worker incentives in an improving economy.
Starting in July, the company says wages will be a dollar more than the local minimum wage. By the end of 2016, the average hourly wage for McDonald's workers at company owned stores will be more than $10 an hour. In addition to wage increases, McDonald's says workers at company-owned stores will get paid time off.
The company owns about 10 percent of its more than 14,300 U.S. restaurants. The rest are run by franchisees.
The change comes as McDonald's faces protests over pay and labor practices at its restaurants.