According to ADP Research, nearly six in 10 workers would rather be paid on a weekly basis than every other week. Employees who received weekly pay reported higher engagement, feel more fairly compensated and are less likely to quit in search for greener pastures. Starbucks, it seems have caught onto this, for its new compensation model will reward all workers across the U.S.
On Monday, Starbucks announced its quarterly bonus program, rightly called “Best of Starbucks Reward,” of up to $300 along with weekly pay, expanded tipping and compensation based on attendance and performance metrics. Rather than rely solely on pay raises, Starbucks is slowly shifting towards a performance-driven compensation model that rewards excellence and consistency. READ MORE
