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Brian Niccol

Business
Chipotle Increasing Prices In Order To Raise Employees' Wages Chipotle Increasing Prices In Order To Raise Employees' Wages
Chipotle Increasing Prices In Order To Raise Employees' Wages Chipotle Mexican Grill is increasing menu prices to cover the costs of raising its workers’ wages, the company announced. Consumers will see price increases of approximately 4 percent at the popular Mexican food chain, with that money being used to increase employees’ paychecks following the company’s announcement that hourly wages for workers would reach an average of $15 by the end of the month. The price hike is likely not to be felt too badly by consumers, with company officials saying that it will amount to quarters and dimes while dramatically boosting their ability to pay employees. …

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by Zak Failla