Starbucks is introducing benefits related to financial savings and student-loan debt for its US baristas. The company says it isn’t allowed to give these new perks to staff at the roughly 300…
| Bloomberg
Starbucks Corp. is introducing benefits related to financial savings and student-loan debt for its US baristas. The company says it isn’t allowed to give these new perks to staff at the roughly 300 storesThe new benefits begin Sept. 19, Seattle-based Starbucks said in a statement Monday. The savings program lets staff contribute a part of their after-tax pay to a personal savings account, with the company contributing $25 and $50 credits at milestones up to $250 per person.
Starbucks, which has more than 15,000 US locations, legally can’t unilaterally give these benefits to stores that have union activity, according to spokesperson Reggie Borges. Instead, the new benefits can be discussed in collective bargaining, he said.
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