The company says the plan is designed to help employees deal with persistent inflation, and to help the company attract and retain top talent, lessening turnover.
Hard Rock said the raises will go to half its U.S. workforce.
It comes as wages in the casino industry, as in many others, are increasing due to several factors including a shortage of workers and rising salaries in other fields that are luring casino workers. Bob McDevitt, president of Local 54 of the Unite Here union that negotiated the Atlantic City contract, said Hard Rock's setting of a national salary scale “is a great move."Seniors impacted by inflation rates are likely to see a major boost in their social security checks starting next year.
The $18 hourly starting salary announced Monday by Hard Rock is 2 1/2 times the federal minimum wage of $7.25 an hour, and exceeds the local minimum wage in every state in which the company operates, Allen said.
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