Workers at Church's Chicken, Pizza Hut, and Checkers can now getexpedited pay as U.S. restaurants grapple with a labor shortagethat's not showing any signs of abating.
Restaurant chains are pulling out all the stops to attract andretain cooks and cashiers amid persistently low unemployment. Thelatest move: same-day and next-day paychecks. Starting in June,eight Church's Chicken restaurants will offer employees half oftheir earned pay the day after their shift. The test will gaugewhether the 50 percent is enough for workers, and the idea is toroll it out more widely going forward. It's not a loan, and thereare no fees.
“It will give the employee the chance to get spending moneyquicker,” Church's CEO Joe Christina said in an interview. “Somepeople just can't wait two weeks to get paid.”
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Meg Waters
Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.
