Chipotle Plans to Hire 19,000 Employees During “Burrito Season” – New Benefits and Enhanced Assistance Program Announced

2024-01-24 19:51:11

The American fast food franchise Chipotle plans to hire 19,000 employees in its restaurants this spring, specifically in the months of March to May, the company’s busiest time of year.

“The company will hire more employees in the coming months to prepare for the busiest period of the year, known as the ‘burrito season’”The chain, which specializes in ‘Tex-Mex’ style tacos adapted to American tastes, said in a statement.

Hours after the news, Chipotle shares on Wall Street rose 0.34%.

The company, which has more than 3,300 restaurants spread across the United States, Canada and Europe (in the United Kingdom, France and Germany), does not indicate in the statement whether the massive hiring of personnel will be carried out in its US restaurants or at the national level. global.

The new hiring objective is 27% higher than a year ago, when it was looking for 15,000 new workers for the ‘burrito season’, which attracts more customers thanks to the good spring weather, although the concentration of its restaurants in university cities causes sales to slow down again in summer.

In the statement, Chipotle also announced a new ‘enhanced employee assistance and benefits program’, which will focus on providing additional support for the financial and mental well-being of its workers, of which More than 73% belong to generation Z.

According to the company, the new benefits are intended to respond to the challenges of its younger workers, who “experience notable financial challenges, including accumulating credit card debt more quickly than previous generations.”

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In this way, the chain said it will help employees who meet a series of requirements pay off their student debt while saving for retirement, and will give them access to a Cred.ai bank account and mental health resources.

“Empowering our talent is ingrained in our company culture,” said Ilene Eskenazi, Chief Human Resources Officer at Chipotle.

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