SHAK - McDonald's franchises add tuition childcare to win back workers

cnicbc/iStock Unreleased via Getty Images As a labor shortage takes hold in the U.S., many industries that have been hit the hardest are offering perks to lure back workers. Restaurants, bars and hotels created 89K new openings in May before hiring 340K workers in June, but leisure and hospitality was also one of the only sectors where resignations continued to accelerate. Scores of Americans who lost their jobs have yet to even begin looking around, or take offers, with job openings remaining at a record high of 9.2M in May. Will it work? McDonald's (MCD) franchises, which own 95% of the chain's 13,450 U.S. restaurants, are adding emergency child care and other benefits like wages increases, paid time off and tuition costs to draw enough staff. The initiative could also help improve the Golden Arches' image as an employer. It follows discussions throughout the year on an employee program surrounding

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McDonald's franchises add tuition, childcare to win back workers