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13 Fascinating Facts About Starbucks

By SiliconIndia  |   Wednesday, 12 December 2012, 05:42 Hrs   |    3 Comments
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9.  Full Benefits To Part Time Employees

Starbucks provides full benefits to part time employees too. It is listed among the 100 best companies to work for. Starbucks addresses their employees as their partners, though practically they don’t meet the criteria in true business sense. But the use of such a strong word boosts up the employee performance and creates a strong bond among the workers and the company.

Chairman Howard Schultz as a boy watched his father work for low-paying jobs, who retired with almost nothing. Schultz wanted different for his employees. Starbucks employees are provided benefits package to those who work a minimum of 20 hours per week that includes health, medical, dental and vision plans, a 401k, and access into Bean Stalk, the company’s employee stock option plan.

Also Read: 10 Major Overseas Acquisitions by Indian Companies

10. Starbucks Doesn’t Franchise Its Stores

Starbucks does not franchise its stores as they believe the foremost thing is to maintain the company standards which would have been difficult to maintain it the stores were franchised. The one exception regards their willingness to enter into certain licensing agreements with companies who hold, or have access to, locations Starbucks regards as desirable. The company website has the FAQs which the company looks forward to before having any partnership.

Also Read: Vijay Mallya: Smart Millionaire or Poor Businessman?

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Reader's comments(3)
1: What sets Starbucks different from other coffee shops? It is how they treat their customers. First time you walk in their and order your drink they will ask for your name and chit chat with you. The next time you come in they will remember you and as you walk toward the cashier he/she calls you by name and even knows your drink.
Posted by:Jillyan Scott - 17 Dec, 2012
2: Starbucks should open more stores across India. Hoping to taste some soon.
Posted by:Akrut - 12 Dec, 2012
3: 87,000 Combinations! Even a year has got 365 days. That is really some thing amazing.
Posted by:Surojita - 12 Dec, 2012