RiverNorthPhotography/iStock(NEW YORK) — With unemployment at historic lows, and an economy Taco Bell might call “muy caliente”, the chain is having trouble finding managers for its restaurants — and is now willing to pay big time.
How big?
How about a hundred grand?
Bloomberg reports the company, which is part of the conglomerate The Yum! Brands Inc., has floated a $100,000 salary for managers in select restaurants in the U.S. Midwest and Northeast.
In keeping with its “Live Mas” slogan, Taco Bell is also floating a new, beefed up role for senior employees who want more responsibility but might not want the manager mantel.
It’s all an effort to retain employees in a field in which turnover is common, because the fast food industry is usually home to people’s first jobs, the publication notes.
In November, the unemployment rate fell to 3.5%, the lowest since 1969; such a rich job market has caused labor shortages for generally low-wage jobs like restaurant work.
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