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Starbucks to give employees raises in response to 'tragic week' in U.S.
MaeketWatch ^ | 07/11/2016 | Tomi Kilgore

Posted on 07/11/2016 7:15:08 AM PDT by Prov1322

Starbucks Corp. SBUX, +0.04% said Monday it will give raises of at least 5% to all partners and store managers in U.S. company stores, starting Oct. 3, in response to what Chief Executive Howard Schultz called a "tragic week of violence" in the U.S. In a letter to employees posted on Starbucks' website, Schultz said it will double the "bean stock" award for employees who have reached two years of continuous service with the company. Coupled with the pay rise, the new bean stock program will result in total compensation for employees increasing between 5% to 15%. The coffee seller is also revising its benefits program to allow employees to shop for personalized health care plans. Schultz said the company will also attempt to be more accommodative with scheduling and its dress code. The stock, which rose 0.3% in morning trade, has lost 5.7% year to date, while the S&P 500 has gained 4.5%.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
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I need to file this under...HUH...?!
1 posted on 07/11/2016 7:15:08 AM PDT by Prov1322
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To: Prov1322

Under the heading of the strange.


2 posted on 07/11/2016 7:16:07 AM PDT by Biggirl ("One Lord, one faith, one baptism" - Ephesians 4:5)
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To: Prov1322

Will the customers pay more ?


3 posted on 07/11/2016 7:17:02 AM PDT by butlerweave
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To: Prov1322

What an incentive program. Will the next shooter be a Starbucks employee?


4 posted on 07/11/2016 7:17:19 AM PDT by Right Brother
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To: butlerweave

[Will the customers pay more ?]

Starbucks apparently already raised their prices.


5 posted on 07/11/2016 7:18:00 AM PDT by ObozoMustGo2012 (q15.)
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To: Prov1322

so.....if we can talk someone into going out and shooting some more cops, do we get another raise?


6 posted on 07/11/2016 7:18:09 AM PDT by Buckeye McFrog
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To: Prov1322

WTF?


7 posted on 07/11/2016 7:18:20 AM PDT by Altura Ct.
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To: butlerweave

Will the customers pay more ?


Not this customer.


8 posted on 07/11/2016 7:19:05 AM PDT by samtheman (Trump For America.)
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To: Prov1322

Pure marketing BS. You can bet that if it didn’t make economic sense or it cut into profits too much, he wouldn’t be doing it. My bet is that Starbucks’ prices are going up yet again and this is his way to shield the bad PR that will come from it.


9 posted on 07/11/2016 7:19:45 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Prov1322

Because of last week we’ll give you a raise in October. SAY WHAT?

Nothing strange here. This is how Liberals think.

The week of July the 4th, will warrant you a raise three months later. Why? Well it was a tough week.

I suspect raises were on the way anyway, and Starbucks decided to capitalize on them publicly on the backs of dead police officers.


10 posted on 07/11/2016 7:20:02 AM PDT by DoughtyOne (He wins & we do, our nation does, the world does. It's morning in America again. You are living it!)
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To: Opinionated Blowhard
My bet is that Starbucks’ prices are going up yet again...

They did announce that last week. My response to their undrinkable, over-priced coffee...

 photo eight-oclock-coffee-dark-italian-roast-whole-bean-115-ounce-bag-pack-of-4_3446_5001_zpsc06cac7e.jpg

 photo home_main_011_zpsa44ea20b.jpg

11 posted on 07/11/2016 7:22:34 AM PDT by Prov1322 (Enjoy my wife's incredible artwork at www.watercolorARTwork.com! (This space no longer for rent))
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To: Prov1322

Why do these workers deserve this? It makes no sense.


12 posted on 07/11/2016 7:23:10 AM PDT by Crucial
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To: ObozoMustGo2012

13 posted on 07/11/2016 7:23:55 AM PDT by Quality_Not_Quantity (Democrat Drinking Game - Every time they mention a new social program, chug someone else's beer.)
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To: Prov1322
Starbucks to give employees raises

That is, the ones they don't fire.

14 posted on 07/11/2016 7:24:00 AM PDT by dfwgator
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To: Prov1322

Did they name it DinDu Nuffin Raise?


15 posted on 07/11/2016 7:24:01 AM PDT by soycd
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To: Prov1322

So should the employees be “happy” about all the deaths?
More importantly, is the employer now made “happy”?


16 posted on 07/11/2016 7:24:52 AM PDT by lee martell
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To: DoughtyOne

I assume the management of Starbucks would consider it a tragedy if Trump wins in November. Vote for Trump and give Starbucks’ employees a pay raise!


17 posted on 07/11/2016 7:25:29 AM PDT by Richard from IL
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To: Prov1322

What the heck does giving a raise have to do with anything that’s happened this week?

Yes, of course, the “raise” comes at the expense of the customer... which I’m not, never have been and never will be.

BTW, Starbucks made the trifecta being on my lists of companies that support LGBT, selling of baby parts and BLM.


18 posted on 07/11/2016 7:25:31 AM PDT by bgill (From the CDC site, "We don't know how people are infected with Ebola")
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To: Prov1322; flaglady47; Maine Mariner; pax_et_bonum
I don't patronize Starbuck's. What's with this nutcase's "be more accommodating with the dress code" gambit?

Do the employees now wear uniforms and prefer to wear cut-off jeans and tank tops?

I'm glad I never worked for a company whose CEO made company policy decisions based on ever-changing, ever-boiling social issues.

Leni

19 posted on 07/11/2016 7:28:43 AM PDT by MinuteGal ( GO, TRUMP, GO !!!)
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To: Prov1322

Time to sell shares if you have them.

Like what damn fool CEO gives raises because of this?


20 posted on 07/11/2016 7:28:56 AM PDT by VanDeKoik
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