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Starbucks confirmed to FOX Business Monday that it will give pay raises to all of its in-store employees in the United States.
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"For nearly 50 years, Starbucks has been a leader in providing relevant, industry-leading benefits and a total compensation approach that is best-in-class for both part and full-time employees," a Starbucks spokesperson said in a statement. "Continuing in that tradition, this announcement is the next phase of its commitment to ensuring the well-being of partners with one of the most significant investments to hourly pay in the U.S. in the history of the company."
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According to an internal memo, all baristas, supervisers and cafe attendants will receive an increase of at least 10%. Starbucks' partners with three years of continued service will also receive a pay bump of at least 11%.
In addition, all employee start rates will see an increase of at least 5%. The premium Starbucks pays above minimum wage in every market will also see an increase.
The raises will roll out across the United States by Dec. 14.
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This is a breaking story. Check back for updates.
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