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McDonald’s recently hit the headlines: what is the hourly wage for workers?

Like most fast food restaurants, what McDonald’s pays depends on a variety of factors, although some workers can make as much as $20 an hour.

Nationally, Ziprecruiter reported that the average hourly pay for McDonald’s Restaurant jobs nationwide is $13.27 an hour. However, fast food restaurants must comply with their state and local minimum wage laws, so wages will vary depending on where the employee works and things like their job title and experience.

Also, the salary may depend on whether someone works in company-owned locations versus its franchisees. More than 95% of McDonald’s restaurants are independently owned and operated by shareholders, who have the ability to set their own prices, according to the company. McDonald’s does not set salaries for its owners.

FAST FOOD LOW WAGE EFFECT: HIGHER PRICES, SHORT HOURS

In 2021, the company increased wages especially for restaurants owned by McDonald’s by an average of 10 percent. Changed the entry level wage for workers to a minimum of $11 – $17 per hour, and the starting range for shift managers to a minimum of $15 – $20 per hour based on restaurant location.

A McDonald’s fast food restaurant is seen in Belmont, United States on April 03, 2023. (Tayfun Coskun/Anadolu Agency via Getty Images/Getty Images)

Assuming a 40-hour work week and 52 weeks per year, $17 per hour translates to an annual salary of $35,360 per year. In comparison, a salary of $20 an hour can translate to just over $40,000.

The company also pledged that the average hourly wage for company-owned restaurants will rise to $15 an hour on a tiered, market-by-market basis by 2024.

CALIFORNIA FOOD CHAIN ​​IS FIRING WORKERS AHEAD OF NEW MINIMUM WAGE LAW

However, last year, McDonald’s reported that shareholders in New York state had already raised their wages above the current $15 minimum to attract and retain workers.

McDonald's

Customers are seen leaving the American international fast food restaurant chain McDonald’s. (Photos by Sebastian Ng/SOPA/LightRocket via Getty Images / Getty Images)

By comparison, California’s law, which went into effect on April 1, raised the minimum wage for certain fast-food restaurants from $16 to $20, equivalent to an annual salary of $41,600.

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A ticker Security Finally Change Change %
MCD MCDONALD’S CORP. 314.80 -1.75

-0.55%

AB 1228 was signed into law in September by Gov. Gavin Newsom, who said the state is moving “closer to fair wages, safer and healthier working conditions, and better training by giving hard-working fast-food workers a strong voice and a strong seat.” on the table.”


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