In a sign that the coffee giant is moving ahead and outstripping wage growth across the country, Starbucks announced a pay increase for its employees.
Salaries will be increased by 10% for all front office employees hired from September and the starting rate will be increased by 5% for hiring. This is done to retain and stimulate employees, as well as attract new staff. The bonus part of motivational payments will also be increased.
It is no secret that in light of the covid-19 pandemic, unemployment has skyrocketed and companies in the field of work with people are actively fighting to keep jobs. Now, working in the service industry is a high-risk area with a huge potential for contamination.
At the onset of the pandemic, Starbucks increased payments for employees affected by Covid-19, provided subsidies and assisted employees in difficult financial situations, and also provided temporary support in childcare and distance learning.
According to forecasts, wages in the service sector will grow as a number of states have approved a decision to raise the minimum wage rate. Newly elected President Joe Biden maintained a $ 15 minimum wage in his campaign.