– Announces significant investment in wage to recognize and reward tenured partners while also increasing pay floor; U.S. hourly partners will average nearly $17/ hr. with new range of $15-$23 for baristas in Summer 2022
– Strengthens the Partner Experience through new training and recruiting, implementing ‘Training Store’ concept in markets around the U.S. and enhanced referral bonuses for store partners
– Introduces new behind-the-bar equipment and technology; tests New Cold Beverage Station to help make it easier for partners to handcraft beverages and connect with customers
– Innovating the partner and customer experience by teaming retail and support partners together in 20,000 sq. foot Tryer Lab in Seattle for store-partner innovation
SEATTLE, October 27, 2021–(BUSINESS WIRE)–Starbucks Coffee Company (NASDAQ: SBUX) today announced a wave of investments for its partners (employees), building on its 50-year history and tradition of listening and learning, while investing its success back into its people. Announcements of both operational and wage investments for U.S. partners and company-operated stores are designed to retain and recruit the best people and affirm Starbucks as one of the very best jobs in retail – a reflection of the company’s unwavering belief that success is best when it’s shared.
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Today, Starbucks announced a wave of historic investments in its partners (employees), building on the company’s unwavering belief that success is best when it’s shared. Announcements of both operational and wage investments for U.S. partners and company-operated stores are designed to retain and recruit the best people, and affirm Starbucks as one of the very best jobs in retail.(Photo: Business Wire)
“As Starbucks celebrates our 50th anniversary we are reminded that our heritage is based on the simple concept that our green apron partners are the heartbeat of Starbucks and that success is best when it’s shared,” said Kevin Johnson, Starbucks president and chief executive officer. “Today, we are announcing another historic investment in our partners, knowing that when we take care of our partners, they take care of our customers, and all stakeholders benefit. This is how we continue to build a great and enduring company. One that is committed to the ideal that doing good for one another – and for society – is good for business over the long-term.”
In a letter to all U.S. partners, Rossann Williams, Starbucks executive vice …….
Source: https://finance.yahoo.com/news/starbucks-makes-historic-investments-partners-205800064.html