- Starbucks plans to give salaried workers a 2% raise this year.
- The pay bump applies to some Starbucks employees, from those at Seattle HQ to store managers.
- Previously, managers weighed in on what kind of raise these employees would get.
Starbucks plans to give salaried employees from store managers to corporate workers a 2% raise across the board this year.
All the coffee chain’s salaried employees in North America are set to get the raise, the company confirmed to Business Insider. That’s a change from previous years, when managers weighed in on how much of a raise their salaried direct reports got.
The 2% raise doesn’t apply to hourly workers, such as store baristas. Bloomberg earlier reported on the raise.
Starbucks has spent nearly a year attempting a turnaround with CEO Brian Niccol at the helm. Niccol previously helped improve financial results at Mexican grill chain Chipotle as the company dealt with the aftermath of food-poisoning incidents and the pandemic.
Now, Niccol is trying to return Starbucks to growth with his Back to Starbucks plan.
Under his leadership, the Seattle-based chain has laid off corporate workers, invested in more shifts for baristas, and changed its bathroom-access policy.
As it spends money on some of those changes, Starbucks is trying to manage its other costs, the company spokesperson told Bloomberg about this year’s 2% raise, and confirmed to Business Insider.
This spring, Starbucks executives said that they planned to use zero-based budgeting, which asks managers to justify costs instead of using the previous year’s budget as a starting point.
Do you have a story to share about Starbucks? Contact this reporter at abitter@businessinsider.com.
