Starbucks raising wages at least 3% starting Jan. 1

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Starbucks raising wages at least 3% starting Jan. 1
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Starbucks says upcoming wage increases of at least three to five percent for eligible workers are part of a new and expanded job benefits package.

Starbucks announced Monday that it is raising wages for its workers at least 3% starting next year as part of an expanded benefits package the company is hailing as being "well beyond the industry average." The coffee giant said "Effective January 1, eligible U.S. retail hourly partners will see an incremental pay increase come to life, with at least a 3% increase and differentiated pay for eligible tenured partners.

STARBUCKS LEANS INTO APPLE, MICROSOFT, AMAZON PARTNERSHIPS The expanded benefits also include accruing paid vacation time sooner, "innovative financial well-being and skills-building benefits, partner-centric scheduling, and the introduction of the first-ever North America Barista Championship," according to Starbucks.

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