Starbucks Introduces Quarterly Bonuses for High-Performing Workers
Starbucks has launched a quarterly bonus program called the 'Best of Starbucks Reward,' offering up to $300 per quarter to high-performing workers. The company also plans to introduce more tipping options and shift toward weekly pay, potentially increasing hourly worker compensation by 5% to 8%. These changes aim to reduce turnover and improve workforce retention.
Tickers: $SBUX
Topics: employee compensation retail labor Starbucks workplace policies