According to the latest numbers from the Irvine hamburger chain, the average annual income of its restaurant managers is now more than $160,000. That’s roughly triple the typical fast food average.
Is this really any surprise? Let’s face it, In-N-Out has it going on. The Irvine based company continues to expand even with economy fluctuations and numerous burger joints opening up everywhere.
In-N-Out is a family owned company that is well-known for treating its employees extremely well. This treatment includes paying their employees well. Employees receive a minimum of $13.00/Hour to start, and have the ability to be promoted from within to the position of store manager; where the average salary is $160,000. Yes,160K big patties!
No college degree or previous experience is necessary. Employees also receive full benefits, such as a 401K plan and medical and vision insurance.
Made-to-order hamburgers are in and franchising is out at In-N-Out Burger. The company owns and operates about 250 popular burger joints located primarily in California. The chain’s menu features just four basic items — hamburgers, cheeseburgers, the Double-Double (two patties and two slices of cheese), and french fries — but patrons are free to customize how their hamburger is prepared. The chain famously does not use microwaves, heat lamps, or freezers, and it has no franchise operators. In-N-Out does offer on-site catering for parties and events with its In-N-Out Cookout Trailers. Harry and Esther Snyder started the family-owned company in 1948.
In-N-Out would not reveal their annual revenue however they did report annual revenues of $100 to $500 million (USD) per year.