Over the weekend, Starbucks made positive headlines with the Starbucks College Achievement Plan being reported upon, according to Yahoo! News on Monday. While very positive for many Starbucks employees, the plan does not include many of the firm’s employees because a worker must be employed by a corporate store and not by one of the many stores that are licensed by others.
As is, the Starbucks College Achievement Plan permits full-time and part-time workers choose from many undergraduate degree programs offered at Arizona State University. Starbucks is reporting that this offer is delivered online from Arizona State University. It also asserts that some 135,000 employees are eligible. But again, those employed by a licensed location of the Starbucks brand – which includes many of its employees – are not included in this offer.
Looking at the comparative numbers, the coffee chain has about 13,000 shops. The company of Starbucks actually owns 8,078 of those stores. The licensed stores are currently at a count of 5,415 stores. There can be a stark difference between the benefits of working for a Starbucks-owned coffee shop and a licensed-own coffee shop. The benefits are not one in the same and the Starbucks College Achievement Plan via Arizona State College is not a benefit at the licensed locations.
According to the Starbucks College Achievement Plan, the firms will pay for thousands of its workers to take courses through Arizona State University to complete their bachelor’s degree. Business Insider reports that there are 40 online undergraduate degree programs to be chosen from at ASU. Employees who are admitted as a junior or senior will earn full tuition reimbursement while freshmen and sophomores will receive a partial scholarship and need-based financial aid. Those who participate in the program will not have to commit to staying on with Starbucks after they graduate.
Howard Schultz, the CEO of Starbucks, says that there is no doubt the inequality within the country has created a situation where many, many Americans are being left behind. He goes on to assert that the question for all of us is whether or not we should accept that inequality or do something about it. He concluded by saying that we can’t wait for Washington.