• Neon@lemmy.world
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    10 months ago
    1. a Bonus, not a raise. If it was a Raise, it’d be per Month and you’d have to multiply it by 12 again, making it 53bn, more than double the Profit
    2. these 400k ignore a lot of people working in franchises that would go empty-handed

    Anyone trying to portray anything as a simple Issue is lying to you. Don’t fall for it.

    • dangblingus@lemmy.dbzer0.com
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      10 months ago

      Uh, no, they said raise. Nothing about this post mentions bonus, nor does it make any more sense to say “bonus” instead of “raise”. Why would a raise mean monthly? Pretty sure every Starbucks is a franchise. How would that change a structured raise plan?

    • myliltoehurts@lemm.ee
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      10 months ago

      A raise can be yearly as well (it’s how I’d interpret it by default in Europe). The only thing it implies is that they’d have to be paid that next year as well, which also seems far from realistic considering the cost of it is ~20% of current profits. (Plus it’d be tax exempt as an expense, so probably even less of profits)

      On point 2, the only source I’ve found is https://fourweekmba.com/starbucks-company-operated-employees/, implying the 400k includes franchised employees and 248k “company employees”, so it seems like it’s included.