Distribution of free shares, financing of student loans, assistance with pension payments... In a sector where turnover exceeds 75% in the U.S.A., fast-food retailer Chipotle is redoubling efforts to retain loyal staff.
According to OC&C, the turnover rate reached 75% in 2023 in the foodservice and leisure sectors, and 69% in supermarkets. This is the reason why, on June 6 in the United States, shareholders of the Chipotle restaurant chain (3,400 U.S. outlets and 120,000 staff ) will be offered a 50:1 stock split at the Annual General Meeting. The operation is relatively rare on the New York Stock Exchange. Although staff turnover has fallen, it was still 33% among the company’s managers in 2023, and 18%...
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