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July 28, 2011
Starbucks net income up 33% in latest quarter
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May 2013
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Just 3 weeks ago, our Supervisors and HR told us that our pay cap was lowered by almost three dollars! Now I hear this news! After almost 15 years with this company, I'm starting to get the feeling this is a greedy non-caring company!
Posted by: JumpnShip | July 28, 2011 at 05:29 PM
@ JumpnShip:
If it makes you feel any better, there is one SBUX employee (initials "HS") who's "pay cap" will continue to increase!
Posted by: SBUX Alum Bill | July 28, 2011 at 09:28 PM
JumpnShip: What area are you in? We haven't heard anything about lowering the pay cap in Texas.
Posted by: DallasSS | July 29, 2011 at 05:54 AM
How about people who traded in stock during the buy back program? Was it a good deal now that the stock is at forty dollars now.
Posted by: I <3 music | July 29, 2011 at 11:30 AM
I just sold my swapped stock and did slightly better than I would have if I had not swapped. How do the Restricted Stock Units work?
Posted by: mama | July 29, 2011 at 03:31 PM
They vest a bit faster than options, 50 percent the first year, and 25 percent the next two years, but they have a much smaller upside. However, until they vest, they won't ever be worthless. When they vest, they turn into shares that will pop up in your Fidelity account similar to the way SIP stock would.
As far as this company's revenues go, I can't muster enough energy for anything other than annoyance until we all get sick days and a living wage.
Posted by: James Connolly | July 29, 2011 at 08:58 PM
Transactions up 6%....what is driving this?
Posted by: Venticustomer | July 30, 2011 at 02:06 PM
Never cared for Starbucks coffee. It's bitter and way overpriced. Now, that they've announced that they will be growing coffee in China, they should be boycotted.
Posted by: writer essay | December 04, 2011 at 01:39 PM
Go for someone who makes you smile because it takes only a smile to make a dark day seem bright.
Posted by: Timberland Boot Shop | March 02, 2012 at 09:21 AM