Starbucks Boosts Pay, Bonus Plan for Workers
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Starbucks introduces new bonus plan for baristas and shift supervisors, offering up to $1,200 annually for meeting sales, operations, and customer service goals. The company also simplifies tipping and increases weekly pay for US workers, potentially boosting average pay by 5-8%. Unionized stores must negotiate through bargaining. This move aligns with CEO Brian Niccols strategy to revive the chain, as recent US same-store sales increased by 4% and stock prices have climbed nearly 8% this year.
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