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Starbucks has a new plan for raises: a flat 2% pay hike for salaried staff

Starbucks has a new plan for raises: a flat 2% pay hike for salaried staff
Starbucks is adding extra charges for extra ingredients, like pumps of syrup or scoops of matcha. I say, it's about time!Beata Zawrzel/NurPhotoStarbucks 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 [email protected] the original article on Business Insider

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