News of the day...

Out of context: Reply #3244

  • Started
  • Last post
  • 4,824 Responses
  • imbecile2

    Starbucks to increase wages, improve benefits for 150K employees

    http://www.foxbusiness.com/marke…

    Starbucks said Wednesday it will increase wages and enact other perks for more than 150,000 U.S. employees as a direct result of recent tax reform, joining other corporations in rewarding workers.

    The Seattle-based coffee chain is giving all of its U.S.-based hourly and salaried workers an unspecified raise in April, in addition to a wage increase already dispersed earlier in the Starbucks’ fiscal year, which began last October. Starbucks says it is investing roughly $120 million in the wage increases.

    Starbucks is also awarding workers stock grants worth a total of more than $100 million to those employed by the chain as of Jan. 1, 2018. Retail employees will receive at least a $500 grant, while store managers will receive grants of $2,000, the chain said.

    imbecile 2Permalink
    UpvoteDownvote
    Flag
    • And the #BasicBitches all cheer in Skinny Frap Joy!. Toys 'R' Us is closing a shit ton of stores. I read that news today.capn_ron
    • Toys 'R' Us is closing 180 storesimbecile
    • Sears is closing 63 storesimbecile
    • Kmart is closing 45 storesimbecile
    • Macy's is closing 68 storesimbecile
    • Sam's Club is closing 63 storesimbecile
    • Nothing to do with tax cut thoughimbecile
    • will that apply to the majority part-timers?Gnash
    • that's a lotta stores right there. phew!capn_ron
    • Nice. So a major corporation is celebrating its billion dollar swampy tax break by giving out peanuts and selling $12 sugar drinks. Nice, nice.monospaced
    • Let's all be distracted by this so we don't focus on the fact that their top brass (the 1%) is making more money than ever.monospaced
    • The very idea that this is trickle down is laughable at best. What's a $500 bonus ... $300 cash? NOTHING compared to a $250,000 raise.monospaced
    • ^ still, they didn't have to do anythingGnash
    • top 1% got 82% of 2017 wealth
      some are focused on it.      imbecile
    • they forgot to mention when the robot baristas will arrive. how much they're going to increase prices to offset the new costs.dorf
    • the standard deviation of the current vs new wage.dorf
    • ^ a la Amazon Go
      https://www.amazon.c…      Gnash
    Show [[ numHiddenNotes ]] more notesAdd Note
    SaveCancel

View thread