A hiring sign hangs in the window of a Chipotle in New York, Tuesday, Nov. 1, 2022. (AP Photo/Seth Wenig)
Heads up, tech workers. Chipotle is looking for fresh talent.
The fast casual chain is planning to hire 15,000 employees ahead of "burrito season." The period runs from March to May, culminating in Cinco de Mayo, and is the company's busiest time of year. The hiring spree coincides with a massive expansion in North America.
"Our restaurant teams are the core of this organization and with a goal of more than doubling our footprint to 7,000 locations in North America, we are targeting employees today to serve as our leaders of tomorrow," said Scott Boatwright, chief restaurant officer, in a press release. "We will continue bringing in new crew to support Chipotle's aggressive growth plans, while simultaneously promoting and upskilling those currently in role."
The recruitment campaign coincides with existing television spots featuring behind-the-scenes footage of working at the restaurant.
"Our goal is to develop and retain diverse talent at every level of the organization and be the employer of choice," Boatwright said.
The average hourly wage for Chipotle crew members in New York City is $17.10, according to Indeed. In San Francisco, a tech hub, the average rate is $16.19 per hour.
Amid 2021's tight labor market, the company announced plans to gradually raise its starting wage to $15 per hour. Since then, U.S. inflation has caused real average hourly earnings to fall 1.7 across industries.
In its press release, Chipotle touted opportunities for new employees to advance their careers, noting that 90 percent of all restaurant management roles were internal promotions.
The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
