Chipotle on Wednesday rolled out enhanced benefits to attract and retain Gen Z workers that prioritizes financial and mental health as it looks to hire 19,000 workers for the upcoming “burrito season.”The California-based chain said it would match up to 4% of an employee’s salary through contributions to their 401(k) if they make their student loan payments so that “employees who qualify no longer have to choose between paying off student debt or saving for retirement.”The new hires will also be offered ac ...

Chipotle Mexican Grill Inc (NYSE: CMG) just revealed plans of hiring thousands of workers ahead of the upcoming spring season. Its shares are roughly flat at writing.Chipotle sees a busy spring season aheadCopy link to sectionOn Wednesday, the chain of fast food restaurants said it will hire roughly 19,000 workers in total. The announcement suggests Chipotle is expecting a busier than usual spring this year despite multiple price hikes in 2023. Note that the New York listed firm already employs over 110,000 ...

A "Now Hiring" sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC.Chipotle Mexican Grill hopes to recruit 19,000 new employees to make its burritos and bowls this spring, the company said Wednesday.The company's hiring target suggests it's expecting an even busier spring than usual, despite another round of menu price hikes in October. The chain's recruitment goal is about 27% higher than a year ago, when it sought 15,000 new workers for its so-called burrito season in ...

The company's new benefits prioritize financial and mental health For the first time, Chipotle is offering a Student Loan Retirement Match program and access to a special high-tech Visa card that can build credit for all employees Chipotle is looking to hire 19,000 additional employees for its upcoming "burrito season," the company's busiest time of year running from March to May NEWPORT BEACH, Calif., Jan. 24, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today that it will be providin ...

In the latest market close, Chipotle Mexican Grill (CMG) reached $2,321.82, with a -0.14% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.29%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq increased by 0.43%.Coming into today, shares of the Mexican food chain had gained 0.9% in the past month. In that same time, the Retail-Wholesale sector gained 0.4%, while the S&P 500 gained 2.08%.The investment community will ...

In 2023, the U.S. restaurant industry navigated inflationary pressures while maintaining stability. Despite consumer caution in spending due to elevated borrowing rates, there was a significant rise in dining sales, notably contributing to overall growth. In December, restaurant sales continued to rise, albeit at a slower pace compared with recent months’ levels. According to preliminary data from the U.S. Census Bureau, eating and drinking places recorded total sales of $94.6 billion on a seasonally-adjust ...

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The millennial generation is the largest in history and is filled with people who are at the peak of their careers. This generation makes considerable money and has the financial flexibility to dictate the types of products and services that go mainstream.Businesses have adjusted their offerings to serve millennials and Gen Z. These generations will soon become the leaders of consumer spending, but we are already seeing this thesis play out with millennials.Some companies have done an exceptional job of win ...

Chipotle Mexican Grill (CMG) closed the most recent trading day at $2,310.44, moving +0.89% from the previous trading session. This change outpaced the S&P 500's 0.56% loss on the day. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.59%.The Mexican food chain's shares have seen a decrease of 1.59% over the last month, not keeping up with the Retail-Wholesale sector's gain of 1.08% and the S&P 500's gain of 1.2%.Analysts and investors alike will be keeping a close eye on the perform ...

Entering 2024, Chipotle Mexican Grill (NYSE:CMG) stock remains a best-in-class restaurant stock with plenty of growth ahead of it. Investors who take a position now are sure to be rewarded with strong gains. The last year was a typically strong one for CMG stock, with the share price having gained more than 45%. Chipotle continues to outperform the market, rewarding its shareholders with a nearly 350% return over the past five years. Looking ahead, there’s no reason to think Chipotle will slow down anytime ...