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what benefits does starbucks offer

by Jerrold McDermott Published 2 years ago Updated 1 year ago
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  • Health Coverage. Starbucks offers partners the choice of multiple coverage levels for medical, dental and vision plans, as well as Health Care and Dependent Care reimbursement accounts, life insurance, disability ...
  • Stock and Savings. Our competitive 401 (k) retirement plan includes a generous company match, and we offer partners discounted company stock (S.I.P.) as well as participation in our equity reward ...
  • Paid Time Off. Both non-retail and retail partners are eligible for paid vacation days and partner and family sick time, while salaried / non-retail partners also receive two personal days ...
  • Parental Leave. Eligible partners welcoming a new child may receive time off and pay replacement through parental leave.
  • Education. Starbucks offers eligible partners the opportunity to earn a bachelor’s degree with 100% tuition coverage, coaching, counseling and advising through Arizona State University’s top-ranked online degree programs.
  • Commuter Benefit. We offer our partners easy ways to take care of work-related commuter expenses, like transit passes funded by pretax payroll deductions.

What benefits do Starbucks employees get?

The Cons Of Working For Starbucks

  • You’ll Need To Commit Time To the Job. To meet the minimum requirements for their employee health insurance, you would need to work an average of 20 hours a week.
  • It’s Not Easy Work. Although Starbucks is an entry-level job, it’s certainly not easy work! ...
  • The Benefits Might Not Offer Everything You Need. ...
  • Your Main Business Could Be Affected. ...

Do Starbucks employees get benefits?

Starbucks employee benefits include health, dental, and even vision options, and 401k savings plans with matching contributions. With these benefits attracting a growing number of employees, it is adding to Starbuck’s overhead costs.

What are the benefits of working at Starbucks?

Starbucks Salary & Benefits reviews

  • Starbucks is a good company. ...
  • Super fun work. ...
  • Productive and fun workplace with complete benefits. ...
  • Fun working place. ...
  • Productive and Nice Culture. ...
  • Fun workplace. ...
  • Productive and fun work place. ...
  • Fun workplace, great working experience, During my time at Starbucks, it was clear from the very beginning everyone's commitment to the brand and the atmosphere.

More items...

What are Starbucks employee perks?

  • Free take-home coffee or tea.
  • Employee discounts.
  • Free snacks.
  • Stock purchase plan.
  • Health Insurance.
  • Dental Insurance.
  • Vision coverage.
  • Short- and long-term Disability Insurance.
  • Adoption Assistance
  • Dependent care Reimbursement Accounts.

More items...

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What are the benefits to Starbucks?

Benefits and PerksHealth Coverage. ... Stock and Savings. ... Paid Time Off. ... Parental Leave. ... Education. ... Commuter Benefit. ... Partner Assistance.

Do Starbucks employees get any benefits?

Along with health coverage, your benefit options at Starbucks include life insurance, disability coverage, vacation, tuition reimbursement, employee assistance, commuter benefits, adoption assistance and more.

How much are Starbucks benefits?

Many employers like Starbucks understand how vital health insurance is, even if the employee is only part-time. This is why they offer employees full health benefits that can be anywhere between $30 to $70 in monthly premiums.

How long do you have to work at Starbucks to get benefits?

Initial Benefits Eligibility Full-time* partners become eligible for benefits the first day of the month following 60 days of employment. Retail hourly partners including baristas and café attendants become eligible for benefits after being paid at least 240 hours over a three-consecutive-month period.

Are Starbucks benefits good?

Their employee discount comes in at a very solid 30% off. That means you get a 30% discount on all drinks when you're not working as well as retail merchandise. This discount is good at ANY Starbucks location on the days you're not working.

Do you get free food working at Starbucks?

Yes, when you are working a shift you can get a free food item and unlimited free drinks. When you're not working, you get a 30% discount on anything you buy.

Do Starbucks employees get tips?

Tips are split up among baristas and shift supervisors, but not given to managers, shift managers, or assistant managers. The tips will vary and they are distributed every Tuesday amongst all of the baristas. The way that the tips are distributed are by how many hours you worked the previous week.

Do Starbucks employees get free coffee?

Free Coffee And while they're actually on the clock, they can drink as many lattes as they want—most beverages are free for employees during work breaks.

How hard is it to get a job at Starbucks?

In fact, it's been reported that “getting a job at Starbucks is staggeringly difficult.” In 2014, a spokesperson for the company shared that they had received a whopping 4 million applications for its retail jobs—and only hired 50,000 people.

How much PTO do you get at Starbucks?

Starbucks' PTO and Vacation policy typically gives 0-10 days off a year. Paid Time Off is Starbucks' most important benefit besides Healthcare when ranked by employees, with 34% of employees saying it is the most important benefit.

Does Starbucks pay double on holidays?

Starbucks observes New Year's Day, Martin Luther King Jr. Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. Retail hourly partners are paid 1½ times their base hourly rate of pay for any hours worked on these holidays.

How Much Does Starbucks pay an hour?

Starbucks Corporation Jobs by Hourly RateJob TitleRangeAverageJob Title:BaristaRange:$9 - $14Average:$11Retail Shift SupervisorRange:$11 - $18Average:$14Customer Service SupervisorRange:$11 - $19Average:$14Retail Store ManagerRange:$13 - $31Average:$203 more rows•May 17, 2022

What is Starbucks employee discount?

1. Starbucks Employee Discount. Their employee discount comes in at a very solid 30% off. That means you get a 30% discount on all drinks when you’re not working as well as retail merchandise. This discount is good at ANY Starbucks location on the days you’re not working.

How much does Starbucks pay for child care?

It offers parents 10 subsidized “backup care days” per year. Parents only pay $5 per day, per child, for child care and Starbucks pays the rest for a maximum of 10 days a year. Prefer in-home child care? Starbucks will provide that at only $1 per hour and they’ll pay the rest of the bill.

How long does Starbucks pay for vacation?

Retail Starbucks employees start earning paid vacation after 12 months of continuous service. Part-time employees will also earn paid vacation at a rate of 1 hour per 30 hours worked. Salaried Starbucks employees earn 1 personal day every July 1 and January 1.

How many hours can you work at Starbucks?

You must work at a standalone Starbucks location. 4. Maternity Leave. All mothers who work at least 20 hours per week, are eligible to receive 6 weeks of 100% paid maternity leave. The same 6 week paid leave is also extended ...

Does Starbucks have health benefits?

Health Benefits (Even For Part-Time Work) Starbucks will share the costs of health benefits for you and your family if you opt into one of their health plans above. Starbucks says that the Silver Plan typically only costs employees $40 per paycheck, significantly less than other retailers. The BEST part is that these health benefits are also ...

Does Starbucks have a commuter perks?

Good Commuter Perks. If you pay for transit passes in order to get to work, Starbucks has your back in a big way. They offer “pretax payroll deductions” to all employees who fit this bill in order to “make up” for their commuter expenses.

Does Starbucks have a 401(k)?

8. Solid 401 (k) Savings Plan. All Starbucks employees are eligible to throw money in a 401 (k) retirement plan once they’ve worked for 90 days.

Does Starbucks match 401(k) contributions?

Many partners don’t know that Starbucks matches 100% of their 401 (k) contributions, typically up to 4 to 6% of the employee’s salary. The company’s Board of Directors decides each November what the following year’s rate will be. That’s free money that is growing on its own thanks to compound interest.

Does Starbucks give free coffee?

Free Coffee and Tea. It’s no surprise that another Starbucks benefit is free coffee. Starbucks partners get a free pound of coffee or box of tea every week. It’s easy to take this perk for granted, but a bag of coffee isn’t cheap. My first few weeks of working, I didn’t take advantage of this benefit.

What benefits does Starbucks offer?

Starbucks offers extensive benefits packages that are customized for each employee, called "Your Special Blend.". Options include things like bonuses, 401 (k) matching plans, health/medical/dental plans, and even adoption assistance.

What benefits does Starbucks offer its employees?

Starbucks calls their benefits package their “Special Blend.” Part-time employees working at least 20 hours a week can get health coverage, including medical, dental, and vision. Benefits also include life insurance, disability coverage, and tuition reimbursement.

Does Starbucks insurance cover IVF?

According to CBS News, the coffee chain offers coverage for employees struggling with infertility and are choosing to undergo in vitro fertilization (IVF). Starbucks covers US$20,000 for IVF and any related medication for both its full-time and part-time employees.

What are the employee benefits of a Starbucks barista?

Baristas may also take advantage of several Starbucks job benefits. Qualified Starbucks baristas receive health benefits, such as medical, dental, vision, and life insurance plans. Eligible baristas at Starbucks may also enjoy 401 (k) retirement programs and paid vacation time.

How Starbucks Health Insurance Plans Offer Employees Options

We’ve done the math! Starbucks benefits are more valuable than other retailers. And we’re particularly proud of our health coverage. We offer multiple coverage level and insurance carrier options.

Rewarding Our Partners

Eligible employees may receive part of the profit-sharing bonus as a 401 (k) deposit that’s separate from the annual employer match. Other benefits for part- and full-time employees include life and disability insurance, a 529 college savings plan, tuition reimbursement, and paid sick leave and vacation time.

8 Starbucks Benefits ALL Employees Should Know About

My Starbucks Rewards, which launched in April 2016, is a loyalty program that offers perks and benefits to frequent customers.You earn 2 “stars” for every $1 spent, which can eventually be redeemed for free drinks, the ability to pay by phone, and a fast pass to go through the line.

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401, stock, health, life, ear, eye, an dental insurance. College help.

Related questions (more answers below)

How much is the average compensation when you're a barista at starbucks?

What is the 5% discount on Starbucks stock?

The 5% discount is applied to the fair market value of Starbucks stock on the last business day of the quarterly offering.

What is Starbucks bean stock?

Started in 1991, Bean Stock is an equity reward (Restricted Stock Units) that turned Starbucks employees into partners by providing the opportunity to share in the financial success of the company through Starbucks stock. Every year, Starbucks Board of Directors evaluates the company’s performance, cost of the program and how many shares are available to grant to eligible partners. Bean Stock is an example of how Starbucks rewards you for the many contributions you make every day to Starbucks overall success.

What is a cup fund?

The CUP Fund is a financial assistance program that helps Starbucks partners who experience a financial crisis resulting from an illness, the death of a partner or family member, or natural disaster or other extreme circumstances . All Starbucks partners are eligible to apply for financial assistance.

Does Starbucks have life insurance?

Starbucks provides basic life insurance coverage for all benefits-eligible partners. Salaried and nonretail partners can elect coverage equal to one times annual base pay. Supplemental coverage, up to four times base pay (subject to plan maximums), may be purchased through automatic payroll deductions. Retail partners are provided automatic basic coverage in the amount of $5,000. Supplemental coverage may be purchased in flat dollar amounts of $10,000, $25,000 and $45,000. Partners may also purchase life insurance coverage at competitive group rates for their spouse or domestic partner and dependent children.

Does Starbucks match 401(k) contributions?

When you save through the Future Roast 401(k) Savings Plan, Starbucks will match your contributions. The match will be contributed to the Plan along with each eligible partner’s 401(k) contributions each pay period.

How many hours do you need to be a Starbucks employee?

Part-time U.S. mainland partners establish initial benefits eligibility the first day of the second month after receiving a minimum of 240 total hours over three full, consecutive months. There are six ASU start dates every year—two sessions in the fall semester, two in the spring semester and two in the summer semester. It is recommended you complete the application process at least one month before your preferred start date.

Does Starbucks believe in the American dream?

Starbucks believes in the promise and pursuit of the American Dream. According to the U.S. Department of Education, only half of Americans who begin college today will actually finish, largely due to financial and work / life barriers.

Is Starbucks an academic institution?

Starbucks is proud to partner with an academic institution that recognizes the need for innovation to offer more people an opportunity of a quality higher education, and the freedom to pursue their passions in any field. I’m interested in working at Starbucks.

Does Starbucks have a bachelor's degree?

All U.S.-based, benefits-eligible partners employed by Starbucks-owned businesses—including Evolution Fresh, Siren Retail Corporation, and Starbucks Manufacturing —regardless of role, who do not yet have a bachelor’s degree are eligible to apply.

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