Tuesday, June 22, 2021

Texas fast-food chain paying teenagers $50,000 salaries to manage restaurants amid labor shortage

That is why we love capitalism! It is very flexible without force and it creates unlimited opportunities and untold many entrepreneurs! Why the chief business of the American people is business (President Calvin Coolidge) serving other people! Life, liberty, and the pursuit of happiness!

They say, they wear Ten-Gallon-Hats in Texas!

"A Texas fast-food chain is shelling out $50,000 salaries for teenagers and those in their early 20s to manage its restaurants as executives struggle to find qualified workers amid a nationwide labor shortage.
Garrett Reed, CEO of Layne’s Chicken Fingers, said a downturn in the labor market stymied his company’s growth and forced him to dish out large salaries for workers who would make about $12 hourly in entry-level roles after promoting them to managerial positions. ..."

Texas fast-food chain paying teenagers $50,000 salaries to manage restaurants amid labor shortage | Populist Press 2021 ©

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