Hotline: 1800 102 2007
X
Search Business Opportunities
2015-04-07

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

Domino\'s 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.

By Deputy Features Editor
Domino\'s will have to raise wages to stay competitive – CEO

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
  • Departmental/Unisex
    About Us: Tailorz was launched in 2015 with a vision to..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Car wash / Ceramic Coating / Detailing
    COZI CARS - Mobile Car Wash/Spa & Detailing Franchise Opportunity You Must GRAB!!..
    Locations looking for expansion New Delhi
    Establishment year 2010
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • About Us: Established in 2017, Headphones Lounge is trendiest addition in Nightclub,..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Quick Service Restaurants
    Hakka Express our love for hearty, delicious food overrides everything..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
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

Free Advice - Ask Our Experts