UNCATEGORIZED

Starbucks is among big chains paying workers the least

Dec 2, 2012, 12:53 PM | Updated: Dec 3, 2012, 3:16 pm

Starbucks made $1.4 Billion this year and paid its CEO Howard Schultz $16.1 Million, according to a...

Starbucks made $1.4 Billion this year and paid its CEO Howard Schultz $16.1 Million, according to a 2012 report from the National Employment Law Project. (Linda Thomas photo)

(Linda Thomas photo)

Walmart workers aren’t the only employees who say they are making low-wages while their companies post profits and CEOs cash bonus checks.

The National Employment Law Project analyzed large companies whose employees are making minimum wage, or barely above. Overall, their 2012 report found minimum wage today is worth 30 percent less than it was in 1968.

Most of the 12 largest employers studied are national restaurant chains, such as McDonald’s, Burger King, and Starbucks. The others are national retailers, such as Wal-Mart, Target, and Sears.

Starbucks ranks seventh on their list. With a workforce of 176,533 and 12,903 stores in the U.S., Starbucks had revenue of $13.3 billion and net income of $1.4 billion. CEO Howard Schultz earned $16.1 million in compensation.

Some employees are covered by the Starbucks Union, which is part of the Industrial Workers of the World.

The Starbucks Union claims employees’ pay has “remained stagnant with smaller merit increases, our health insurance premiums have doubled, our benefits have been cut, and we have been saddled with more labor-intensive tasks like upselling VIA and other products.”

Starbucks disagrees with the assessment and considers itself to be a “progressive” employer. Starbucks is one of the few large companies that offer health benefits to part-time workers.

The majority of Starbucks baristas earn from $7.50 to $10.00 per hour.

By LINDA THOMAS

Uncategorized

kent trooper shot...

Kate Stone

Man faces multiple charges after WSP trooper shooting in Kent

A man accused of shooting a Washington State Patrol trooper multiple times in Kent last Friday has been charged.

1 month ago

Oregon Emergency Landing - (Elizabeth Le via AP)...

KIRO 7 News Staff

‘Everyone was eerily calm,’ recalls passenger aboard ill-fated Alaska Airlines flight

Terror in the skies: A Vancouver, Washington, woman shares the harrowing moments after an airplane blowout over Portland.

3 months ago

Photo: SPD vehicle...

KIRO 7 News Staff

Two men shot at bus stop in North Seattle near Northgate

Two men were shot at a bus stop along Aurora Avenue Wednesday, according to the Seattle Police Department.

5 months ago

Manuel Ellis arrest, Tacoma police officers...

Associated Press

Prosecutors focus on video evidence in trial of Washington officers charged in Manny Ellis’ death

A cellphone video of the 2020 fatal arrest of Manny Ellis shows the Black man on the ground with his hands in the air in surrender

6 months ago

...

No Author

EXPIRED: Win tickets to see Stokley at EQC!

KIRO Newsradio is giving you a chance to win two tickets to see Stokley at the Emerald Queen Casino on Saturday, November 11, 2023!

6 months ago

(File photo)...

L.B. Gilbert

NLRB files complaint against Amazon for unlawful confidentiality agreement

A new complaint from the National Labor Relations Board (NLRB ) is accusing Amazon of requiring some corporate employees to sign an unlawful confidentiality agreement. The complaint states Amazon had required a former employee from its drone project, Amazon Prime Air, to sign an agreement that forbade discussion of information regarding Amazon, whether or not […]

7 months ago

Starbucks is among big chains paying workers the least