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Chipotle to hire up to 4000 people
“We are constantly looking for great people to join our team”, says Monty Moran, co-CEO of the company.
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The planned September 9 hiring binge – which would expand Chipotle’s 59,000-member workforce by almost 7 percent – is one of the starkest examples yet of restaurant chains stepping up recruitment efforts as the industry struggles to attract and retain employees. “We hope job-seekers looking to further their career and join a dynamic team will come join us on National Career Day”. Potential applicants are invited to register for an interview at NationalCareerDay.com. The company also released a chart of its salaries and benefits of various positions within Chipotle, promising that the highest levels make six figures.
If you already spend all your time at Chipotle, why not get paid to do so? Furthermore, a resounding 90% said they were proud to work at the company, while a near-unanimous 97% said they believe they work in and enjoy an empowered culture where top performers are rewarded and provided with advancement opportunities. (NYSE:CMG) reports their next earnings announcement on or around 2015-10-19, investors will be paying particularly close attention to the reported earnings per share number versus the Wall Street analyst estimates. Chipotle Mexican Grill has a 12 month low of $597.33 and a 12 month high of $758.61. The stock’s 50-day moving average is $708.48 and its 200-day moving average is $661.33. 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.
Nike (NYSE:NKE) and Bank of America (NYSE:BAC) both received analyst upgrades Monday morning, while Chipotle Mexican Grill (NYSE:CMG) was given a steep hike in its stock price target and 21st Century Fox (NASDAQ:FOXA) was downgraded. Nine research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. Over the past year, the industry has added more than 355,000 jobs, which is about 1,000 jobs per day on average.
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Chipotle Mexican Grill Inc operates Chipotle Mexican Grill restaurants, which serves a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads, made using fresh ingredients.