Connect with us

Hi, what are you looking for?

buzznificentbuzznificent

News

Chipotle Raises Menu Prices | The Daily Wobble

Credit: Unsplash

Chipotle has increased its menu prices recently. The popular Mexican dining chain has adjusted its pricing to help cover the costs of raising its workers’ wages and to balance rising ingredient costs resulting from global food shortages and supply chain delays.

In response to the challenges faced during the pandemic, Chipotle had previously announced that all hourly employees would earn a minimum of $15 per hour by a specific date. Many companies in the food and retail industries have been raising wages in an effort to attract new employees after experiencing significant workforce reductions. The increased risks faced by frontline workers during the pandemic prompted many individuals to seek better pay and employment conditions.

Chipotle’s CFO, Jack Hartung, acknowledged that while raising menu prices was not the preferred choice, it was necessary to maintain financial stability while ensuring fair compensation for employees. Hartung emphasized the industry’s need to adapt to these changes to prevent a loss of skilled workers.

The leisure and hospitality sectors have experienced a significant decline in employment compared to previous years, with statistics from the Department of Labor indicating a decrease of 2.5 million jobs. To revitalize their workforce, fast-food chains may need to make further adjustments to attract and retain employees.

(function() {

var loaded = false;
var loadFB = function() {
if (loaded) return;
loaded = true;
(function (d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s);
js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v3.0”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
};
setTimeout(loadFB, 0);
document.body.addEventListener(‘bimberLoadFbSdk’, loadFB);
})();

You May Also Like

Entertainment

In 2009, renowned filmmaker James Cameron introduced the world to Avatar, a groundbreaking science-fiction movie that earned immense commercial success and became one of...

Entertainment

Adam Sandler, a seasoned actor known for his comedy, has also demonstrated his ability in more serious and dramatic roles. Following his performance in...

Entertainment

Last month, the filming of the movie “Being Mortal,” directed by Aziz Ansari and featuring Bill Murray and Seth Rogan, came to a halt...

Entertainment

Jon Stewart, a well-known television personality, was honored with the prestigious Mark Twain Prize for his successful career in television and stand-up comedy over...