Saturday, February 2, 2013

Chipotle Salary Can Top $95,000 Annually

You might not think slinging burritos is the most glamorous job out there, but apparently it?s possible to make a heck of a lot of money doing it.

Climbing the ladder at locations of the fast food chain Chipotle Mexican Grill can result in some big bucks, according to CBS Los Angeles. One employee interviewed by the network, Lidia Castillo, said she worked her way up from a service manager all the way to restaurateur (Chipotle's title for a general manager) within a year, a position with an average salary of $99,000 annually.

That?s significantly more than the median annual salary for fast food workers of around $18,230, according to Daily Finance.

Chipotle spokesman Chris Arnold confirmed that $99,000 a year is the average salary for the company's restaurateurs. The company's "people culture" and desire to promote from within, he said, is the product of the company's Co-CEO Monty Moran.

"About 98 percent of all our restaurant managers now come from within our crew," Arnold said.

Chipotle is slightly different than most fast food chains since the company owns 100 percent of its restaurants, eschewing franchises that can cut into profits, Mad Money host Jim Cramer said in an interview with CNBC. That said, according to Salary.com, the median expected salary for a retail franchise manager in the U.S. is $95,764 per year.

At Chipotle, entry-level employees make around $21,000 including benefits and two weeks of paid vacation, CBS Los Angeles reports.

A quick google search will show that Chipotle is hiring at locations across the country. To ensure success, job-seekers would do well to embody the 13 qualities of an ideal Chipotle employee, which Castillo told CBS Los Angeles were ?conscientious, respectful, hospitable, high energy, infectiously enthusiastic, happy, presentable, smart, polite, motivated, ambitious, curious, and honest.?

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Source: http://www.huffingtonpost.com/2013/02/01/chipotle-salary_n_2601611.html

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