In the tight U.S. labor market, Taco Bell is betting salaries of $100,000 for store managers and paid sick time will help it attract and keep workers.
The parent of Taco Bell, KFC and Pizza Hut is venturing into fast-casual dining by acquiring Irvine-based Habit.
Workers at company-owned Taco Bell restaurants nationwide will be offered at least 24 hours of paid sick time per year, the company also announced. According to a spokesperson, Taco Bell previously offered paid sick time only to managers and is now extending that offer to all employees at company-owned restaurants who have had their jobs for at least 90 days.
In November, the unemployment rate fell to 3.5%, matching the lowest since 1969, while average hourly earnings climbed and exceeded projections. Taco Bell on Thursday also announced plans to make all of its customer packaging recyclable, compostable or reusable by 2025. Amid the growth of plant-based meat imitations, the chain also said it wants to continue providing vegetarian menu items for customers.
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