This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

McDonald's® And Its Franchisees Look To Hire Up To 50,000 Employees Nationwide

Stocks in this article: MCD

OAK BROOK, Ill., April 4, 2011 /PRNewswire/ -- McDonald's and its franchisees are looking to hire up to 50,000 new crew and restaurant management positions at restaurants across the country during a hiring event on April 19.  The one-day event will seek to bring in and hire a combination of both full and part-time positions in close to 14,000 U.S. restaurants.

"Our restaurant employees are the foundation of our business. They are the men and women who interact with our customers every day, enhance the McDonald's experience, and continue to help make our business strong," said Jan Fields, President, McDonald's USA. "Our national hiring event is an opportunity to invite more people across the country to join our team, and learn that a McJob is one with career growth and endless possibilities."

For a more detailed snapshot on the national hiring event, McDonald's drew on research extrapolated from McDonald's company-owned restaurants and compiled by Dr. Dennis Tootelian, who studies business trends and policy at the Center for Small Business at California State University, in Sacramento. His research, which estimates the potential impact of this additional hiring, presents a compelling argument for the value of fast-food, and specifically McDonald's, to the U.S. economy.

The investment around the target hiring of 50,000 employees is estimated that:

  • McDonald's and its franchisees will spend more than $518 million more in wages and salaries in the coming year, an average of more than $1.4 million every day.
  • More than $41.5 million in training will be invested in the company's new workforce – instilling life-long business and customer service skills as well as setting employees up for success in current and future opportunities.
  • The addition of 50,000 potential hires translates into $54 million more in payroll taxes contributed to the broader economy.
  • Using a statistical multiplier effect, 50,000 new workers will generate almost $1.4 billion in annual spending – more than $3.5 million per day.

A testament to McDonald's legacy in employee career development is McDonald's USA President Jan Fields. Similar to many other McDonald's executives, Fields began her career with McDonald's in an entry-level restaurant position. In fact, more than 50 percent of McDonald's franchisees and 75 percent of restaurant managers started as crew.    

Those interested in applying for an available position are encouraged to visit their participating local McDonald's location or apply online at www.McDonalds.com/Careers.  

About McDonald's

McDonald's USA, LLC, is the leading foodservice provider in the United States serving a variety of wholesome foods made from quality ingredients to more than 26 million customers every day. Nearly 90 percent of McDonald's 14,000 U.S. restaurants are independently owned and operated by local business men and women. Customers can now log online for free at any of the 11,500 participating Wi-Fi enabled McDonald's U.S. restaurants. For more information, visit www.mcdonalds.com, or follow us on Twitter ( @McDonalds) and Facebook ( Facebook.com/McDonalds) for updates on our business, promotions and products.

McDonald's Corporation, its subsidiaries and its independent franchisees are Equal Opportunity Employers committed to a diverse and inclusive workforce.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,678.70 +6.10 0.03%
S&P 500 2,057.09 +5.27 0.26%
NASDAQ 4,771.7630 +13.8840 0.29%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs