Fast Casual: Starbucks Reaches 100 Percent Pay Equity

Starbucks has achieved 100 percent pay equity for employees of all genders and races, according to the U.S. Bureau of Labor and Statistics. The milestone was announced at the company’s 2018 Annual Meeting of Shareholders, according to Fast Casual.

To encourage other companies – including franchises – to follow suit, Starbucks has released a set of tools and best practices for preventing pay disparities, which as available to the public. Those tools and best practices have been in development for a decade, launched after a company-wide compensation study in 2008 revealed inconsistencies in compensation among employees.

“We tried to create tools to help us approach pay in a consistent and objective way, and remove the kind of subjectivity that can lead to pay bias," said Sara Bowen, an attorney who leads Starbucks Inclusion, Diversity, Equity and Accessibility team. "These tools affect hundreds if not thousands of pay decisions every year. This work has always been about our partners — and our commitment to create an equitable environment where everyone can flourish and be valued. This is a complicated issue, and it is not about one single moment, but about the ongoing work to make equity a reality.”

Read the full article at fastcasual.com