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McDonald’s is bumping up pay as low-wage workers suddenly have options

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Low-wage workers in the US are seeing their pay increase en masse, and McDonald’s is the latest employer to boost wages.

As it looks to hire 10,000 new US employees over the next few months, the fast-food chain announced today it is raising the hourly wages for more than 36,500 employees at its company-owned restaurants by an average of 10%. Entry-level workers will earn between $11 to $17 an hour, and shift managers will earn between $15 to $20 an hour, depending on location.

The company says it expects average hourly wages to reach $15 an hour by 2024. McDonald’s owns just about 5% of its 13,900 US restaurants; the rest are operated by franchises who set their own pay and benefits at their stores.

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