what is starting salary at mcdonald's
Effective July 1, starting wages at McDonald's (MCD) will be at least $1 an hour more than the minimum wage set by local law, the fast-food chain announced Wednesday. All employees up to restaurant managers will get a pay bump as well. The result: the fast food giant projects that its average hourly wage will reach more than $10 an hour by the end of 2016 -- up from $9.01 currently. The new average will be $2.75 above the federal minimum wage. There's a catch: The raise only applies to the 1,500 McDonald's-owned restaurants in the U.S. It doesn't apply to workers at the franchise-owned stores, which make up about 90% of the McDonald's restaurants in the country and the bulk of its workforce.