QSRs Hiring More Senior Citizens
With today's employment crunch, quick service restaurants are finding they can ease their labor woes by hiring senior citizens to take on jobs usually filled by teenagers. For their part, senior citizens appreciate the opportunity to get out of the house, engage with people, and earn extra income.
Hiring seniors is a good deal for fast-food chains. They get years of experience for the same wages—an industry median of $9.81 an hour last year, according to the BLS—they would pay someone decades younger. This is a considerable benefit in an industry under pressure from rising transportation and raw material costs.
James Gray from Calibrate Coaching says older people are also a good deal financially because they aren’t always looking to move up and earn more. —Leslie Patton, Bloomberg