Newest QSR Worker Benefit: Fast Pay
To cope with today’s tough labor market, three quick service restaurant companies are offering a new benefit to help attract and keep good workers: wages paid the same or next day.
Workers at Church’s Chicken, Pizza Hut and Checkers can now get expedited pay as U.S. restaurants grapple with a labor shortage that’s not showing any signs of abating.
Restaurant chains are pulling out all the stops to attract and retain cooks and cashiers amid persistently low unemployment. The latest move: Same-day and next-day paychecks. Starting in June, eight Church’s Chicken restaurants will offer employees half of their earned pay the day after their shift. The test will gauge whether the 50% is enough for workers, and the idea is to roll it out more widely going forward. It’s not a loan, and there are no fees. —Leslie Patton, Bloomberg
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