Starbucks Ditches Merit System, Gives 2% Raises To Corporate Staff After 6 Straight Quarters Of Sales Declines: Report

Starbucks

Starbucks Corp. (NASDAQ:SBUX) is providing all North American corporate employees with a 2% pay raise this year, abandoning its merit-based increase system as the coffee chain works to control operational costs during its ongoing turnaround efforts.

Coffee Giant Implements Uniform Pay Increases While Managing Turnaround Costs