Webmcdonald's is the latest restaurant chain to announce pay raises.
Chipotle said monday it will hike workers' pay to an average of $15 per hour by the end of june.
Shift managers will earn at least $15 to $20 an hour.
Weboverall, the economists found that if the minimum wage goes up by 10%, the average mcdonald's restaurant will increase worker wages by about 7%.
Webmcdonald’s (mcd) will raise hourly wages by an average of 10 percent for more than 36,5000 employees at more than 660 u. s.
Webthe 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;
May 14, 2021 9:31am edt.