Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
operations 07 Apr 2015

Domino's will have to raise wages to stay competitive – CEO

The burger chain is also making great steps on its ordering platform and has recently launched apps for Pebble smartwatches and Google Android-powered wearables.

By 0

Domino's Pizza Inc, one of the largest Pizza chain in the world, will need to raise the minimum wage to get the "right people" to stay competitive, said Patrick Doyle, CEO at the global pizza chain in an interview to CNBC.

The pizza chain has said this soon after the global Burger chain, McDonald’s has announced to raise the minimum wage for its US workers.

In the recent announcement, McDonald's is planning to raise the average pay of about 90,000 US workers to around $10 an hour effective from July 1.

"We've got to do it (raise wages), the market demands it to get the right people for our business," said Doyle.

Labor groups and allies have been calling for a "living wage" at retailers and fast-food companies across the country as companies face increased competition for labor with the U.S. unemployment rate at its lowest in more than six years.

Earlier in February, the CEO told Reuters that the pressure to raise worker pay is a symptom of an improving economy and should be good for the pizza delivery company.

However, above 90 percent of Domino's more than 5,000 US restaurants are operated by franchisees, who pay their workers.

Meanwhile, the company is also making great steps on its ordering platform and has recently launched apps for Pebble smartwatches and Google Android-powered wearables and also Samsung-powered smart TVs.

Comment
Related opportunities
  • Quick Service Restaurants
    Greetings from Rollacosta !!! ‘Rollacosta’ is brought to..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2012
    Investment size Rs. 10lac - 20lac
    Space required 80 to 500 sq feet
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • HR & Recruitment
    Coppergate - a specialist headhunting, staffing & Education Company looking..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2008
    Investment size Rs. 50 K - 2lac
    Space required 100 - 600 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Laziz opens 100+ Stores across India in 2017 LAZIZ  PIZZA ™..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolhapur Maharashtra
  • Pharmacies
     |Reliable, Experienced, Trusted pharma product provider|The most trusted name in..
    Locations looking for expansion New Delhi
    Establishment year 2006
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 300 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories