In anticipation of what it terms as its “burrito season,” Chipotle Mexican Grill is embarking on a major recruitment drive, aiming to hire 19,000 new employees. Alongside this hiring initiative, the popular fast-casual restaurant chain has introduced additional benefits geared towards enhancing the financial and mental well-being of its workforce.
The company revealed these new initiatives in a press release issued on Wednesday. One notable addition to Chipotle’s benefits package is a student loan retirement match program. Under this program, the company pledges to match up to 4% of eligible employees’ salaries to their 401(k) if they make qualifying student loan payments. This initiative reflects Chipotle’s commitment to addressing the financial challenges faced by its employees, particularly those burdened by student loan debt.
Chipotle is also rolling out a range of new perks designed to provide more comprehensive support to its workforce. One such offering is access to a Visa card, facilitating faster access to paychecks. Additionally, the company has partnered with Cred.ai for banking services and is making available Cred.ai’s “Credit Optimizer” tool. These measures are intended to empower employees with more financial tools and resources.
Recognizing the importance of mental health, Chipotle is introducing its New Employee Assistance Program. This program includes six free sessions with a licensed counselor or mental health coach, providing employees with a valuable resource to address mental health concerns. Alongside these counseling sessions, employees will have access to various other tools and resources aimed at supporting their mental well-being.
Chipotle identifies “burrito season” as the period from March to May, marking the busiest time of the year for the fast-casual restaurant chain. The recruitment drive is strategically timed to meet the heightened demand during this season, ensuring that Chipotle can continue delivering quality service to its customers.
Established in 1993 in Denver, Colorado, Chipotle has grown into a significant player in the fast-casual dining sector. The company presently operates over 3,100 stores across the United States, as indicated by its store locator.
As part of its commitment to fair wages, Chipotle increased starting wages for hourly employees in 2021, offering a range of $11 to $18 per hour. Furthermore, the company emphasizes competitive compensation for its highest-ranking restaurant managers, known as restaurateurs, who enjoy an average compensation of $100,000.
For those interested in joining Chipotle’s team, the application process is facilitated through the company’s career website: jobs.chipotle.com. Alternatively, prospective applicants can conveniently apply by texting CHIPJOBS to 97211.
Chipotle’s emphasis on hiring, coupled with its enhanced benefits, reflects the company’s dedication to supporting its workforce and ensuring a positive and sustainable work environment. This strategic approach aligns with Chipotle’s broader commitment to providing excellent service to its customers while fostering the well-being of its employees.