Starbucks workers who don’t want to be baristas forever will be able to get a college education courtesy of the coffee chain.
The company says it’s offering all 135,000 of its U.S. employees who
work at least 20 hours a week the opportunity to be reimbursed for two
full years of classes in Arizona State University’s online studies
program. Starbucks says people taking the program will be free to study
whatever they want—and to leave the company whenever they want. It’s not
clear how much the tuition reimbursement will cost the company, but
execs say the benefits will add up to around $30,000 for every worker
taking part.
Even if many workers do end up leaving with their newly earned
degrees, their experience “would be accreted to our brand, our
reputation and our business,” Starbucks CEO Howard Schultz tells the New
York Times. “I believe it will lower attrition, it’ll increase
performance, it’ll attract and retain better people.” The terms of the
tuition reimbursement program are complicated and will vary from worker
to worker, the AP finds, but the company says it will cover full tuition
for those workers who have already completed two years of higher
education and will cover part of the cost for others.
- See more at: http://www.blackmediascoop.com/starbucks-offering-free-college-education-to-workers/#sthash.2wHMVM50.dpuf
Starbucks workers who don’t want to be baristas forever will be able to get a college education courtesy of the coffee chain.
The company says it’s offering all 135,000 of its U.S. employees who
work at least 20 hours a week the opportunity to be reimbursed for two
full years of classes in Arizona State University’s online studies
program. Starbucks says people taking the program will be free to study
whatever they want—and to leave the company whenever they want. It’s not
clear how much the tuition reimbursement will cost the company, but
execs say the benefits will add up to around $30,000 for every worker
taking part.
Even if many workers do end up leaving with their newly earned
degrees, their experience “would be accreted to our brand, our
reputation and our business,” Starbucks CEO Howard Schultz tells the New
York Times. “I believe it will lower attrition, it’ll increase
performance, it’ll attract and retain better people.” The terms of the
tuition reimbursement program are complicated and will vary from worker
to worker, the AP finds, but the company says it will cover full tuition
for those workers who have already completed two years of higher
education and will cover part of the cost for others.
- See more at: http://www.blackmediascoop.com/starbucks-offering-free-college-education-to-workers/#sthash.2wHMVM50.dpuf
Starbucks workers who don’t want to be baristas forever will be able to get a college education courtesy of the coffee chain.
The company says it’s offering all 135,000 of its U.S. employees who
work at least 20 hours a week the opportunity to be reimbursed for two
full years of classes in Arizona State University’s online studies
program. Starbucks says people taking the program will be free to study
whatever they want—and to leave the company whenever they want. It’s not
clear how much the tuition reimbursement will cost the company, but
execs say the benefits will add up to around $30,000 for every worker
taking part.
Even if many workers do end up leaving with their newly earned
degrees, their experience “would be accreted to our brand, our
reputation and our business,” Starbucks CEO Howard Schultz tells the New
York Times. “I believe it will lower attrition, it’ll increase
performance, it’ll attract and retain better people.” The terms of the
tuition reimbursement program are complicated and will vary from worker
to worker, the AP finds, but the company says it will cover full tuition
for those workers who have already completed two years of higher
education and will cover part of the cost for others.
- See more at: http://www.blackmediascoop.com/starbucks-offering-free-college-education-to-workers/#sthash.2wHMVM50.dpuf
(PMG NEWS) –
Starbucks workers who don't want to be baristas forever will be able to
get a college education courtesy of the coffee chain. The company says
it is offering all 135,000 of its US employees who work at least 20
hours a week the opportunity to be reimbursed for two full years of
classes in Arizona State University's online studies program, CNN
reports.
Starbucks says people taking the program will be free to study
whatever they want—and to leave the company whenever they want. It's
not clear how much the tuition reimbursement will cost the company, but
execs say the benefits will add up to around $30,000 for every worker
taking part.
Even
if many workers do end up leaving with their newly earned degrees,
their experience "would be accreted to our brand, our reputation and our
business," Starbucks CEO Howard Schultz tells the New York Times.
"I believe it will lower attrition, it’ll increase performance, it'll
attract and retain better people." The terms of the tuition
reimbursement program are complicated and will vary from worker to
worker, the AP
finds, but the company says it will cover full tuition for those
workers who have already completed two years of higher education and
will cover part of the cost for others.
SOURCE: http://www.newser.com/story/188493/starbucks-to-workers-well-pay-for-college.html