Starbucks union rejects company's recent offer of at least 2% annual pay raise

Reuters
04-26
Starbucks union rejects company's recent offer of at least 2% annual pay raise

April 25 (Reuters) - Starbucks SBUX.O union delegates involved in contract bargaining voted to reject the coffee chain's latest proposal that guaranteed annual raises of at least 2%, Workers United said.

Out of the 490 baristas representing the company's more than 550 unionized U.S. stores, 81% rejected the proposal, which did not offer any changes to economic benefits such as healthcare or any immediate pay hike.

"Starbucks' current offer is insufficient to finalize a deal," the workers union said.

Starbucks said in a statement that the union presented an incomplete framework for single-store contracts to their delegates to vote on, adding that its actions were causing a delay in reaching a mutual agreement.

The company pays its baristas more than $19 an hour on average currently, which with benefits comes to about $30 an hour. It had proposed to the union that their annual raises would not fall below 2%.

The parties had been advancing contract negotiations in recent weeks after agreeing to bring in a mediator to help resume stalled negotiations in February.

Since then, they have reached tentative agreements on many key contract issues, such as health and safety measures, but the latest offer was "not good enough", according to the memo shared by Workers United.

The union, representing over 10,000 baristas, and the company had recently agreed to withdraw lawsuits filed against each other.

(Reporting by Savyata Mishra in Bengaluru and Waylon Cunningham; Editing by Devika Syamnath)

((Savyata.Mishra@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10