Starbucks CEO expects 100% of retail workers to earn $15 per hour within next three years

Starbucks CEO expects 100% of retail workers to earn $15 per hour within next three years

“We’re on the record a couple of years ago, that we supported an increase in federal minimum wage,” Starbucks CEO Kevin Johnson said regarding the possibility of President Joe Biden and congressional Democrats pushing for a $15 federal minimum wage. “It fundamentally takes roughly a third of our retail, hourly partners to be at or above $15 an hour… Over the next two or three years, we think 100% of our retail work force, hourly work force, our partners will be at or above $15 an hour.”

More News Stories

Loading...

More Political News

Loading...