Starbucks announced sweeping changes to its benefits program Monday that will allow U.S. employees to choose from up to six different medical insurance providers instead of one. The company estimates the new options could save individual employees up to $800 a year by being able to choose a more customized plan. Employees who work 20 hours a week or more are eligible for health care coverage, and the changes apply to both store and corporate employees.
Total Retail's Take: This latest announcement from Starbucks comes on the heels of last week's news that the company is increasing wages for in-store workers, in some cases up to 15 percent. It's clear that Starbucks is making a concerted effort to raise its profile as a desirable workplace, both for current employees as well as new hires. You know the old adage: happier employees equal happier customers. Maybe that will distract you from the fact that you're soon going to be paying more for your coffee each day.