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ICYMI – latest US firms to offer worker pay rises

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Central banks around the globe are on the lookout for higher wages to help fuel inflation.

Overnight from the US, a couple of big firms boosting wages:

McDonalds

  • will increase starting wages by around 10% on average
  • will be rolled out in the coming months
  • in company stores, impacting > 36,000 employees

Amazon

  • plans to hire an additional 75,000 workers
  • $17 per hour wage¬†
  • $1,000 sign-on bonus in some cases
  • (follows wage rises at Amazon last month for circa 500,000 employees)
Central banks around the globe are on the lookout for higher wages to help fuel inflation.

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