The hike—which will start in July—applies to 90,000 workers at corporate-owned restaurants but not employees of franchisees, McDonald's said. Franchisees operate nearly 90 percent of the 14,350 U.S. McDonald's restaurants and set their own wages.
"We are acting with a renewed sense of energy and purpose to turn our business around," McDonald's President and CEO Steve Easterbrook, who took over the position with the struggling fast food giant last month, said in a release.
The move follows wage hikes this year by significant U.S. employers Wal-Mart, Target, TJX and Gap, among others. McDonald's has faced backlash over its wage policy from employees and interest groups in recent years.