
One Fast Food Chain Pays Managers an Average of 200K Per Year
Alright - so we have heard for years about how fast food restaurants do not pay their employees a decent living wage. It's fast food - the lines in the drive through are usually long, or at least there are a few people in line at any given time of day. Managers don't even get paid enough to support their families.
Here is my thought - if you are a manager of one of these restaurants, and this is your career - in the food industry, you should make enough to support your family. Or at least one income with another that can support your family. If you are an entry level worker, generally that is a much lower paying postition. That is just the way the economy works. The idea is that this is a temporary job - one you might have while going to school, or a summer job. If you are using it as a starting postion, and your goal is to move up, then there should be such a pay reward at the upper levels.
That is the philosphy of at least one fast food chain. In and Out Burger pays their managers an average of $200K per year. That is about four times as much as many of the fast food chains around Minnesota pays their employees.
When a company is publicly traded, what their profits are is public information. Anyone can look that up, and that way we know that other fast food restaurants, many here in Minnesota also make enough money to have a decent profit and also pay their managers a living wage. $200K seems to be way more than enough, however, In and Out Burger is mostly based on the West Coast, with another opening up soon, or is already open in Nashville, Tennessee. So the cost of living on the west coast is much more than it is here. So while $200K seems like a lot for here, it isn't as much there, but is still a living wage.
Other fast food restaurants should take notice.

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