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Starbucks to boost worker pay and benefits after US lowers corporate taxes

Source: cnbc.com - Jan 24, 2018

Starbucks Chairman and former CEO Howard Schultz
Starbucks to give bonuses and raises after new tax law
4 Hours Ago | 00:37

Starbucks will use some of the savings from the new U.S. corporate tax cuts to give domestic employees pay raises, company stock and expanded benefits with a combined worth of more than $250 million, the company said on Wednesday.

With the announcement, the world's biggest coffee chain joins companies like Walmart, Apple, Comcast, and American Airlines in sharing their tax savings with employees.

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Category: General Business