Chipotle Wants To Hire You … And 3999 Other Workers September 9
“We thought by doing this hiring day, it would be a helpful way to get an influx in applicants at a time when we tend to see a downturn, but also then to talk about the nature of opportunity that we provide, which we’ve really always thought of as being one of the real hallmark of our people story at Chipotle”, says Arnold.
The restaurant is calling the September 9 event “National Career Day” and will open doors three hours early to take applicants.
Unlike most companies in the traditional fast food and fast casual industries, Chipotle offers all employees significant career advancement opportunities, as well as compensation and benefits above industry standard.
More than 95 percent of managers are promoted from within, the company said. The company also released a chart of its salaries and benefits of various positions within Chipotle, promising that the highest levels make six figures. It has expanded college-tuition reimbursement to all hourly workers, added paid sick days and increased the amount of paid vacation it offers. A recent employee survey indicated that Chipotle employees feel supported by the company and express satisfaction and pride in their roles.
Shares of Chipotle Mexican Grill (NYSE:CMG) traded down 2.06% during mid-day trading on Tuesday, reaching $720.01. Oppenheimer reiterated an outperform rating and set a $775.00 target price on shares of Chipotle Mexican Grill in a research report on Friday, July 10th. Chipotle Mexican Grill has a 52-week low of $597.33 and a 52-week high of $758.61. Wedbush cut their target price on shares of Chipotle Mexican Grill from $710.00 to $665.00 and set a neutral rating on the stock in a research report on Wednesday, April 22nd. The stock has an average rating of “Buy” and a consensus price target of $741.71. The stock’s 50-day moving average is $708.48 and its 200-day moving average is $661.33. Setyan has a success rate of 64.4% and is ranked #322 out of 3737 analysts, while Staszak has a success rate of 69.7% and is ranked #57. Nine equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock.
Chipotle operates 14 Charlotte-area restaurants, according to its website.