Written by: Leonard Parker | Houston Business News | 28th June
Here's an incentive you don't see every day: A Texas fast food chain is offering its teenage managers $50,000 annually.
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"We bring young people in and we pay them a learning wage, where we teach them the ropes of the business; how to put on an apron, how to put on a hat, how to cook toast," CEO Garrett Reed told FOX Business’ Stuart Varney. "Then they can move up to that living wage."
Reed went on to confirm that there's currently a 19-year-old by the name of Jason who's earning the living wage.
Jason started at the company at $9.50 per hour when he was just 16, per Reed, but "showed the potential, the work ethic, the drive" and understood the company's culture and values.
The living wage goes far beyond just a dollar sign for both the company and the employees.
"I like to tell these kids that they can become a general manager, make really good money, and then the ultimate goal is to let them own their own franchise businesses at some point," Reed said.
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Restaurants all across Texas been struggling to keep their doors open due to staff shortages. The number of job openings reached a new high of 9.3 million in April, per the Bureau of Labor Statistics.
Layne's Chicken Fingers currently operates eight locations in Texas. The franchise opened their first Houston-area location on June 26 and has plans to open more than 100 locations across Texas in the coming years, per Altus.