Taco Bell says it will soon begin testing a $100,000 salary for general managers in some locations and offering paid sick leave — a move aimed at attracting and retaining managers. (hereandnow)
Taco Bell will begin testing raising the salaries of some general managers in some top-performing locations. The fast food chain announced this month it will soon begin testing a $100,000 salary for general managers in some locations and offering paid sick leave.
Taco Bell’s new commitment to employees isn’t typical of fast food restaurants, he says, but the chain is trying to rise above the competition and attract better talent. With the labor market at a low 3.5% unemployment, that leaves the fast food industry with a small pool of potential employees and forces companies to compete with each other for the best workers, Oches says.
The chain had made a commitment to its managers, he says, while it dictates hourly wages for other employees depending on the market. In cities where the labor market is stiff, Taco Bell pays up to $10 to $12 per hour, he says. On top of making a commitment to managers, Taco Bell is hoping lower-level employees will see this initiative as an opportunity, he says. Employees will see that if they work for the chain for a long time and receive promotions, they can become a general manager and make six figures.
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