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Does Fast Food Really Pay Better Than Manufacturing?

The Wall Street Journal published an article on June 22nd, 2021, titled “Wage Gains at Factories Fall Behind Growth in Fast Food” (https://www.wsj.com/articles/wage-gains-at-factories-fall-behind-growth-in-fast-food-11624354200). The article is a great reminder that manufacturing leaders can win over prospective employees through creative “win-win” plans.  Such plans often involve career-training and advancement, giving away tools or other incentives for notable performance. Other incentives that manufacturers are providing which set them apart from other employers include gym memberships or even access to an on-site gym. There are also many low-cost and free incentives that have been shared with me in the past such as company-sponsored ball teams or Friday lunch grill outs in the parking lot. The example in the article of having a Spanish-speaking manufacturing line, where workers who feel more comfortable speaking Spanish can work together on a particular line is yet another “free” idea that may be a strong incentive for some prospective workers.

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The Wall Street Journal published an article on June 22nd, 2021, titled “Wage Gains at Factories Fall Behind Growth in Fast Food” (https://www.wsj.com/articles/wage-gains-at-factories-fall-behind-growth-in-fast-food-11624354200). The article is a great reminder that manufacturing leaders can win over prospective employees through creative “win-win” plans.  Such plans often involve career-training and advancement, giving away tools or other incentives for notable performance. Other incentives that manufacturers are providing which set them apart from other employers include gym memberships or even access to an on-site gym. There are also many low-cost and free incentives that have been shared with me in the past such as company-sponsored ball teams or Friday lunch grill outs in the parking lot. The example in the article of having a Spanish-speaking manufacturing line, where workers who feel more comfortable speaking Spanish can work together on a particular line is yet another “free” idea that may be a strong incentive for some prospective workers.

In the present economy, we must assume that every applicant is also considering other opportunities in hospitality, retail, etc. Those alternative employers are likely dangling a $15/hr. or higher wage in front of them as their primary — and maybe only — inducement. Your winning strategy should be to remind them of the bigger picture and the superior offer you can make when thinking in terms of long-run compensation, worker satisfaction and advancement.

Gardner Business Media - Strategic Business Solutions