McDonald’s expands worker tuition benefits, citing tax law

SHARE McDonald’s expands worker tuition benefits, citing tax law
mcdonalds071816.jpg

McDonald’s, citing the new U.S. tax law and the tightening job market, is expanding its 3-year-old education benefits program, tripling the amount of money some workers can get each year to help pay for college or trade school tuition. | AP file photo

NEW YORK — McDonald’s, citing the new U.S. tax law and the tightening job market, is expanding its 3-year-old education benefits program, tripling the amount of money some workers can get each year to help pay for college or trade school tuition.

The fast-food company is also changing its eligibility rules, which it says will double the amount of workers who qualify to 400,000.

Other chains, including Starbucks, have given workers bonuses or boosted benefits because of the Republican tax law. Large employers have also had a hard time attracting and keeping workers because of historically low unemployment rates.

McDonald’s Corp. says restaurant crew members will be able to get up to $2,500 per year for tuition, an increase from $700. Managers can receive up to $3,000 per year, an increase from $1,050.

The Latest
A bevy of low averages glares in the first weeks of the season.
Mya King, 12, was found unresponsive Sunday morning and died Wednesday. Her mother, Colette Bancroft, was charged with possession of a controlled substance.
The Cubs still made a series of roster moves, activating right-hander Jameson Taillon and Patrick Wisdom from the IL.
At a rally at police headquarters, community members called for greater transparency into the investigation, a halt to the use of tactical units and an end to pretextual traffic stops.