Starbucks offering baristas, managers $1,200 bonuses in a push to boost sales and make customers happy [Yahoo! Finance]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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Source: Yahoo! Finance
The company said baristas and shift supervisors are now eligible to earn an additional $1,200 annual bonus, or $300 per quarter, "when their coffeehouse meets and exceeds certain sales, operational and customer service targets — metrics that drive growth." The update will take effect in July with the first payout this fall. The update also expands tipping options so customers can tip by credit or debit card when ordering on their phone or through the app at the register. Both incentives could increase employees' pay by roughly 5% to 8% on average, on top of their hourly pay, COO Mike Grams and chief partner officer Sara Kelly said in a memo to employees sent on Thursday. US workers will also receive their paycheck on a weekly basis. Stores that are unionized, which make up of 5% US locations, won't see the same incentive right away. "This new program, at the approximately 5% of U.S. locations where partners have a union, will be subject to collective bargaining as required by
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SBUX
Earnings
- 1/28/26 - Miss
SBUX
Sec Filings
- 4/8/26 - Form 4
- 4/6/26 - Form 144
- 4/2/26 - Form 8-K
- SBUX's page on the SEC website