Advertisement
UK markets close in 7 hours 58 minutes
  • FTSE 100

    8,302.81
    +89.32 (+1.09%)
     
  • FTSE 250

    20,321.64
    +157.10 (+0.78%)
     
  • AIM

    775.62
    +4.09 (+0.53%)
     
  • GBP/EUR

    1.1644
    -0.0016 (-0.13%)
     
  • GBP/USD

    1.2539
    -0.0025 (-0.20%)
     
  • Bitcoin GBP

    50,766.82
    -436.51 (-0.85%)
     
  • CMC Crypto 200

    1,368.33
    +3.20 (+0.23%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CRUDE OIL

    78.53
    +0.05 (+0.06%)
     
  • GOLD FUTURES

    2,327.10
    -4.10 (-0.18%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.44
    -98.86 (-0.53%)
     
  • DAX

    18,255.41
    +80.20 (+0.44%)
     
  • CAC 40

    8,045.71
    +49.07 (+0.61%)
     

Starbucks will give all its US employees a pay raise next month

Starbucks will give all its US employees a pay raise of at least 10 per cent next month, the firm has confirmed (AFP via Getty Images)
Starbucks will give all its US employees a pay raise of at least 10 per cent next month, the firm has confirmed (AFP via Getty Images)

Starbucks will give all its US employees a pay raise of at least 10 per cent next month, the firm has confirmed.

The coffee giant will roll out the wages bump from December 14, according to reports.

All baristas, supervisors and cafe attendants will get the 10 per cent increase, according to an internal memo obtained by Business Insider.

Company partners with three years of continued service will receive an increase of 11 per cent.

And the company says that new employee start rates will be increased by five per cent.

“For nearly 50 years, Starbucks has been a leader in providing relevant, industry-leading benefits and a total compensation approach that is best-in-class for both part and full-time employees,” a Starbucks spokesperson said in a statement.

ADVERTISEMENT

“Continuing in that tradition, this announcement is the next phase of its commitment to ensuring the well-being of partners with one of the most significant investments to hourly pay in the US in the history of the company.”

Starbucks will also increase the premium it pays above minimum wage in each market it operates.

But some employees believe the firm should do more, with more than 8,800 people having signed a petition demanding Starbucks pay a minimum wage of $15 an hour.

“If we’re labelled as essential workers, we should get paid essential,” Jay Josef, who has worked for Starbucks for nine years, told Business Insider.

“That’s why we want a $15 minimum wage.”

“I would stay with the company if I got paid $15 or more, I’m having to consider another job without it,” a “Bryan B” wrote in the petition’s comments section.

Read More

Tucker Carlson says Biden ‘will make you drink Starbucks every day’

This year's Starbucks holiday cups are here

Starbucks targets new market, in coffee exporting Laos

Starbucks introduces plant-based food and drinks to menus across Asia