Millennials are now considered “generation broke” with their insurmountable student debts, near-record auto loans, high credit card balances with rates at two-decade highs, and limited savings. Many are stuck in the gig-economy with more than one job. Finding a high-paying job this late in an economic expansion is hard to come across.
So paging all millennials, a new press release via Taco Bell details how the Tex-Mex fast-food restaurant is planning a pilot program to hire managers with a starting salary of $100,000 at company-owned restaurants in select markets.
The Yum! Brands Inc.-owned chain will run the pilot program in the US Midwest and Northeast. The company will also increase pay for mid-level employees who want to take on other leadership roles.
“We are constantly exploring new ways to invest in our people, enhance morale and boost recruitment and retention,” Ferril Onyett, Taco Bell’s senior director of global training and international HR, told MarketWatch in an emailed statement. Managers have “a huge impact” on the restaurant performance, customer experience, and “team member satisfaction,” she added.
“We are constantly exploring new ways to invest in our people, enhance morale and boost recruitment and retention,” Ferril Onyett, Taco Bell’s senior director of global training and international HR, told MarketWatch in an emailed statement. Managers have “a huge impact” on the restaurant performance, customer experience, and “team member satisfaction,” she added.
www.zerohedge.com/markets/millennials-can-make-100k-working-taco-bell