Starbucks rolls out performance bonuses, tipping changes for baristas [Yahoo! Finance]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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Source: Yahoo! Finance
The Seattle-based coffee giant debuted its new incentive rewards program for hourly coffeehouse employees Thursday morning. A logo atop the Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. The bonuses for baristas and shift supervisors will be based on performance. Employees could earn an extra $1,200 annually if their stores meet and exceed sales, operational and customer service goals, per the announcement. “This reward recognizes teams that work together to deliver excellence and is part of our commitment to shared success,” Chief Operating Officer Mike Grams and Chief Partner Officer Sara Kelly wrote in a letter to employees. Starbucks said the program is “subject to collective bargaining as required by federal law” at the U.S. stores that belong to the union. Starbucks Workers United, the union representing thousands of baristas, said the news is “clearly a reaction to our organizing and demands for higher take-home pay for bar
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SBUX
News
- Starbucks brings back two viral drinks not seen in nearly a decade [Yahoo! Finance]Yahoo! Finance
- Starbucks to prompt more tipping on card payments, fueling 'tip creep' backlash [FOX News]FOX News
- Jim Cramer Discusses Starbucks (SBUX) CEO's Turnaround Algorithm [Yahoo! Finance]Yahoo! Finance
- Starbucks is offering $1,200 bonuses, expanded tipping, and weekly payouts to boost the pay of its U.S. baristas [Yahoo! Finance]Yahoo! Finance
- Starbucks Pay Revamp Tests Link Between Barista Incentives And Margins [Yahoo! Finance]Yahoo! Finance
SBUX
Earnings
- 1/28/26 - Miss
SBUX
Sec Filings
- 4/6/26 - Form 144
- 4/2/26 - Form 8-K
- 3/31/26 - Form PX14A6G
- SBUX's page on the SEC website