From Nation's Restaurant News · · 1m 30s
Starbucks baristas get quarterly bonuses
Starbucks baristas receive first quarterly bonuses based on store performance.
In brief
Starbucks baristas receive first quarterly bonuses based on store performance. Starbucks baristas start receiving quarterly bonuses tied to store performance metrics. Originally reported by Nation's Restaurant News.
Starbucks baristas receive bonuses
Nearly eight in 10 Starbucks in-store baristas will get quarterly bonuses based on store performance.
First quarterly reward payment
Baristas receive first $300 quarterly 'Best of Starbucks Reward' payment tied to store metrics.
Annual bonus potential
Baristas can earn up to $1,200 per year if their store meets sales, operational, and customer service targets.
Company statement
Starbucks says coffeehouse partners are part of its Back to Starbucks plan progress.
Additional tips
Starbucks has given $22 million in extra tips to workers through digital channels since July.
Bean stock grants
Nearly 200,000 baristas received Bean Stock grants earlier this week.
Historical stock grants
Starbucks has given Bean Stock grants to hourly employees since 1991, worth more than $2.75 billion before taxes.
Compensation package
Starbucks says its total compensation and benefits packages average $30 per hour for hourly workers.
Job applications
More than 3 million people applied for barista roles at Starbucks last year.
Turnover rates
Starbucks reports record low turnover at coffee shops, far below industry average.
Sales performance
Starbucks achieved 7.7% same-store sales growth in its fiscal fourth quarter.
Quarterly bonus link
Improved store performance earned most baristas their quarterly bonuses.
What to remember
Starbucks baristas start receiving quarterly bonuses tied to store performance metrics.
