Saturday, January 26, 2013

Starbucks paid CEO Howard Schultz $28.9 million

The Seattle Times details some of Starbucks Executives compensation. Meanwhile this comment:
Since when is too much not enough? Schultz is shameless taking this (oh, because he works so hard and is worth suchgross over-compensation?!?) while baristas make minimum wage and no benefits (NO sick days, retirement, medical/dental/vision for those deemed "temporary" employees) and are the first to be laid off at a moment's notice.
Swiss businessman Thomas Minder would probably not approve and attend the shareholders meeting.
Here a discussion (from last year) about Why Starbucks cannot pay it's employees more and how it is possible.

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