Starbucks to tie executive compensation to meeting its diversity goals

10/16/2020 11:55:00 AM

Starbucks announced a bold new measure to achieve its diversity goals, saying it would directly connect the building of inclusive and diverse teams to the pay of its executives.

when two black men were handcuffed and paraded out the door of a Philadelphia Starbucks after a staffer called the police when the men, who said they were waiting for a friend to arrive, refused to leave. The incident prompted Starbucks to shutter all of its 8,000 company-owned stores for a day of anti-bias training.

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In addition to tying diversity goals to executive compensation, Starbucks also announced a series of other steps to prioritize diversity and inclusion at the company.Among those are launching a mentorship program that connects Black, Indigenous and people of color (BIPOC) employees to senior leaders and publicly disclosing data that reflects the diversity of the workforce.

Moreover, the company said it had the goal of achieving at least 30% BIPOC representation at all corporate levels and at least 40% representation in all retail and manufacturing roles by 2025.Currently, Starbucks U.S. employees are 53.5% white, 27% Hispanic or Latinx, 8% Black, 6% Asian, 5% multiracial, and then less than 1% Native American or Native Alaskan and less than 1% Native Hawaiian or other pacific islander.

Andrew Caballero-Reynolds/AFP via Getty Images, FILEA Starbucks employee wears a face shield and mask as she makes a coffee in Ronald Reagan Washington National Airport in Arlington, Virginia, May 12, 2020.A Starbucks employee wears a face shield and mask as she makes a coffee in Ronald Reagan Washington National Airport in Arlington, Virginia, May 12, 2020.

Finally, Johnson said the Starbucks Foundation will provide $1.5 million in grants to community-based nonprofits that focus on"local impact.""These grants aim to uplift organizations led by and that serve Black communities and will support nearly 400 local nonprofit organizations across the country," he said.

As protests over the police killing of George Floyd this summer put renewed pressure on the private sector to tackle issues of systemic racism head-on, Starbucks is among a growing number of companies that are re-prioritizing diversity and inclusion at work.

that tying diversity goals to compensation has shown to be an effective way to get leaders to follow through. Read more: ABC News »

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Increase their presence in diverse communities. They’re competing for a limited resource in today’s venture capitalist economy where jobs are shipped overseas, schools are underfunded, and minorities are incarcerated at high rates. go woke go broke ...bucks for me Finally! Don't know how white bitches with tattoos always got those jobs ahead of me And they have good benefits

Oh my goodness. If someone works hard and is productive, hire them. Don't look at skin color. Hiring should be colorblind, with the most qualified hired first, no matter what their skin color is! Work hard and succeed, which is an American value. That's that sorted, they have ended that racisms........

Another woke virtue signalling shop to avoid Thank you mr. President. For making America great again. And for keeping Americans first. I am a Latino born in the United States of America. And I'm very grateful to the Lord God Almighty for my beautiful country. TRUMP 2020🇺🇸🇺🇸🇺🇸 Well that should do it. There's nothing these executive types won't do for money.

Sorry ass news network...your townhall was as pitiful as your network and your reporters Starbucks for life How is Starbucks more important than Hunter’s emails? The Biden’s are corrupt!!! Bullshit. Send us a pic of their C-Suite and Board of Directors. Jesus Christ. We know the data and what it says about the typical American workplace and how it’s impacted by implicit bias in hiring, promoting, disciplinary actions, etc. Please GTFOOH with that denial bullshit. We shouldn’t NEED to take these actions yet here we are.

Help we Nigerian Youth Endsars Please endsars Are they going to pay their taxes whilst they are at it? Unbelievable, affirmative action on steroids How is this not racist? So much for hiring the best qualified Lies Stupid idea. Now their insurance costs will go up due 2 increased theft & fraud by the new employees they’re thinking about adding!!

Building of inclusive and diverse teams isn't that part of the business plan already? THAT MEANS THEY WILL CHARGE MORE FOR THEIR STUPID CHEAP COFFEE MASKED BY SUGAR SURUPS AND COOL NANES ... My corner deli has better coffee quality Women are better than men, brown women better than white, brown Muslim women are better than Christian, but don't you ever dare to blame China in brown Uygur Muslim women oppression!

Like Philz coffee better these days. I think it's great that Starbucks decided to pay its employees the same wages as its executives. 'Bold'? They're scared to shit by the woke mob. Sounds a bit like Democratic Capitalism. I like it. This is the definition of Institutionalized Racism. Racism Hiring based solely on skin tone is not only discriminatory,, but it's also racist.

Huh, I remember when it was the executives job to build the best team they could regardless of race or gender, now who cares how good the team is as long as it meets some made up level of inclusivity? Any company or person with any goal other than excellence is doing it wrong. Seems like they haven't learned Gillette's lesson.

Sorry to say, but this has been debunked by fact checkers The true measure would be the diversity of its executives, not its blue collar workers good ☑For a responsive business website, Click ↆ If you need to tie human core values to leaderships' compensation, you might want to - 1. Improve your selection process 2. Get yourself a new leadership team 3. Do 1 before 2.

Always Be Cryin' Um.. Why haven't you always done that Starbucks? Do you want a badge for finally doing the right thing, when it's taken basically a war in our streets to get you here Listen, JACK.. It's a dictatorship.. Let me set the record straight on something what was said.. And the kids, they loved it too man.. many know he 's facing a good prison population, push the code at recommitting to those and achieve what ' s common It 's simple:

Does diversity deliver better service? Prove it. Does diversity make a better cup of coffee? Prove it. I'll make my own coffee or five my business to the little guy, thanks. The youngsters in China have an inclination that things imported from abroad or from the highly developed countries are better than products produced inside the mainland of China, so it goes well for Starbucks to develop in China so rapidly, being everywhere in big cities.

Very smart move by Starbucks. They’ve had troubles (very public troubles)with this in the past and this is a great move to make sure it doesn’t happen again. Plus money is the only way these people will listen. That is awesome!👏🏽 good girl

Starbucks Ties Executive Pay to 2025 Diversity TargetsThe coffee chain said it would mandate antibias training for executives and link their compensation to increasing minority representation in its workforce, becoming the latest company to set fresh diversity goals. Short $SBUX This is blatant racism Short $SBUX

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