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Chipotle raising prices to offset its $15 minimum wage hike

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FOX Business reported. By the end of June, the average hourly wage for Chipotle employees will be $15.Many major brands made similar moves last month as businesses faced difficulty finding workers.RELATED: Chipotle raises average wage to $15 per hour, provides path to six-figure salaried positions"It made sense in this scenario to invest in our employees and get these restaurants staffed and make sure that we have the pipeline of people to support our growth," Chipotle CEO Brian Niccol said at the Baird Global Consumer, Technology & Services Conference.

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