Workers some fast-food chains now get expedited pay as U.S. restaurants grapple with a labor shortage.
Workers at Church’s Chicken, Pizza Hut and Checkers can now get expedited pay as U.S. restaurants grapple with a labor shortage that’s not showing any signs of abating.
With an accelerating economy and the U.S. jobless rate at a 49-year low, restaurants are hurting. The dining industry is growing increasingly desperate to attract and keep quality employees, and simply raising wages isn’t always enough. That’s why they’re getting creative with hiring parties, text-message recruiting and signing bonuses. McDonald’s Corp. is even going after senior citizens to flip burgers.
Instant Financial also works with Bloomin’ Brands Inc. — the parent of Outback Steakhouse — and recently added Checkers & Rally’s Restaurants as customers. Instant Financial CEO Steve Barha said that the tight labor market over the last year has made instant pay “almost a requirement” for the dining industry.
That’s why Pizza Hut franchisee Erik Bittner is considering whether to mention the perk in the ads he uses to attract delivery drivers as he competes for their services with Uber Technologies Inc. and Lyft Inc. He added the benefit in March through the Branch Messenger Inc. mobile app.
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