McDonald's: Would you like a raise with that?

April 1, 2015 8:48 PM

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The activists pushing for higher wages in the fast-food industry have been targeting McDonald’s Corp. for several years, but the brand’s “internal activist,” new CEO Steve Easterbrook, just executed the first shakeup of several expected at the restaurant giant.

McDonald’s announced today that it would raise the hourly wages paid to its crew members by about 10 percent to at least $1 more than the local minimum wage at company-owned restaurants, and it’s not an April Fools’ Day joke. Neither is a new benefit of up to five days of paid vacation for hourly wo...

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