Consumer
Starbucks Gives Baristas Smaller Pay Raises After Tough Year
- Increases, which aren’t tied to performance, range by tenure
- CEO Brian Niccol has pledged to improve the worker experience
Workers who started more recently will get either 2% or a bump to the local market’s starting rate, depending on how long they’ve been employed.
Photographer: Abeer Khan/BloombergThis article is for subscribers only.
Raises for many Starbucks Corp. baristas will shrink in light of the company’s worst financial results since the pandemic.
Pay increases will generally range from 2% to 3% depending on seniority, with some exceptions, according to a document seen by Bloomberg News. A year ago, the company announced retail workers would be getting raises of at least 3%, with those having five years or more of tenure receiving at least 5%.