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Business - HITS FM

Tetra Images/Getty Images(NEW YORK) Starbucks will raise the hourly pay of U.S. retail employees by 3% at the outset of next year, the company announced on Monday. The Seattle-based coffee chain operates roughly 17,000 stores in the U.S., providing employees between $15 to $24 per hour in wages and a full benefits package that reaches as much as $27 an hour, Starbucks said. Starting on Jan. 1, hourly retail employees will receive a raise of at least 3%. Further, workers with two to five years of employment at the company will gain a 4% raise and those with more than five years of experience will earn at least a 5% raise, the company said. "Investing in our partners is what drives our success," Sara Trilling, executive vice president and president of Starbucks North America, said in a statement on Monday. "It s what makes us all partners. And an important way we do this is by investing in our partners journey, to bridge to a better future at Starbucks and beyond.&qu

Starbucks to raise pay for US retail workers by 3% next year

Starbucks to raise pay for US retail workers by 3% next year
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Starbucks to raise pay for US retail workers by 3% next year

Starbucks to raise pay for US retail workers by 3% next year
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