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Tags: Starbucks | MinimumWage | Raise | KevinJohnson

Starbucks to Up Minimum Wage to $15 in US

starbucks sign hangs from building
(JUSTIN TALLIS/AFP via Getty Images)

By    |   Friday, 11 December 2020 10:54 AM

Starbucks will increase its minimum wage for U.S. employees to $15 over the next three years, including a 10% pay raise for many in-store workers starting next week, Fox Business reports.

The coffee chain’s chief executive, Kevin Johnson, said in a memo addressed to congressional leaders on Wednesday that Starbucks “recently shared one of our biggest wage investments of at least a 10 percent pay increase for our partners, all of whom already earn more than the minimum wage,” which was first announced last November.

“With these investments, more than 30 percent of our U.S. retail partners are currently at or above $15/hour and we continue on our path to ensure all U.S. partners will be making at or above $15/hour within the coming two to three years,” Johnson added.

“And as we always do, we will continue to explore what more we can do to provide compensation and benefits in support of our partners.”

Johnson also used the memo to call on Congress for additional coronavirus relief, which the two parties have yet to agree on.

“Starbucks urges Congress to take immediate bipartisan action to pass new COVID relief legislation to address the urgent needs in our communities, especially for the millions of Americans out of work, small businesses facing economic uncertainty and the public health needs of state and local governments on the front lines of the pandemic,” he wrote.

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StreetTalk
Starbucks will increase its minimum wage for U.S. employees to $15 over the next three years, including a 10% pay raise for many in-store workers starting next week, Fox Business reports. The coffee chain's...
Starbucks, MinimumWage, Raise, KevinJohnson
232
2020-54-11
Friday, 11 December 2020 10:54 AM
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