Benefits at Starbucks
Overview
From the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection. We're not just passionate purveyors of coffee, but everything else that goes with a full and rewarding coffeehouse experience. We’re a neighbourhood gathering place, a part of the daily routine – and we couldn’t be happier about it. Get to know us and you’ll see: we are so much more than what we brew. We make sure everything we do is through the lens of humanity – from our commitment to the highest quality coffee in the world, to the way we engage with our customers and communities to do business responsibly.
Core benefits
Medical cover
Starbucks offers comprehensive medical, dental, and vision insurance for eligible partners and their dependents, reflecting our commitment to their overall health and well-being. This extensive coverage ensures that partners and their eligible dependents have access to necessary medical services, regardless of their health history. While there may be co-pays or contributions required, this helps maintain affordable and accessible healthcare. By providing such inclusive medical coverage, we reinforce our dedication to the health and peace of mind of our partners, fostering a supportive and caring work environment.
Pension / Retirement
We offer a generous retirement package, including a 401(k) plan with a company match and a Registered Retirement Savings Plan (RRSP). This robust retirement support demonstrates our commitment to our partners' long-term financial security. The 401(k) plan allows both partners and the company to contribute, building a substantial retirement fund over time. Additionally, the RRSP provides further opportunities for retirement savings. By investing in these retirement plans, we underscore our dedication to our partners' future financial well-being and stability.
Death Cover
Starbucks provides basic life insurance and Accidental Death and Dismemberment (AD&D) coverage to all benefits-eligible partners. This comprehensive death cover ensures that partners' families and loved ones are financially protected in the unfortunate event of death. By offering such substantial coverage, we demonstrate our commitment to the security and peace of mind of our partners and their families, reinforcing our supportive and caring work environment.
Disability
Starbucks offers Short and Long Term Disability pay to benefits-eligible partners, providing partial pay replacement if you are unable to work for an extended period due to an eligible injury or illness. This coverage is designed to support partners during challenging times when they cannot perform their job duties. By providing this crucial financial support, we reinforce our commitment to the well-being and security of our partners, fostering a supportive and empathetic work environment.
Health & Wellbeing
Starbucks is dedicated to supporting its partners' well-being through a variety of benefits that enhance their health, wellness, and overall quality of life.
- Gym Membership: Starbucks offers gym memberships to eligible partners at no cost, supporting their physical health and promoting an active lifestyle.
- Dental Cover: Dental insurance, including preventive care and treatments, is provided to eligible partners and their dependents as part of the comprehensive benefits package.
- Health Classes: Starbucks provides access to various health and wellness classes, including fitness and yoga, to promote physical and mental well-being.
- Health Screening: Eligible partners receive regular health screenings to detect potential health issues early and encourage proactive care.
- Cancer Screening: Starbucks covers cancer screenings as part of its health benefits, promoting early detection and treatment.
- Mindfulness App: Partners have free access to Headspace, a mindfulness app, offering guided meditation to support mental well-being.
- Virtual GP: Starbucks provides access to virtual GP services, enabling partners to consult healthcare professionals remotely.
- Health and Nutrition Support: Partners participating in health-related events can get reimbursed for eligible expenses, encouraging active lifestyles.
- Eye Care: Vision insurance, including exams and prescription lenses, is available for eligible partners to ensure good eye health.
Starbucks' comprehensive benefits reflect its commitment to partner health and well-being, fostering a positive and supportive work environment.
Lifestyle
Starbucks provides a variety of benefits that support the well-being and growth of its partners, reflecting its commitment to a positive work environment.
- Cycle to Work: As part of Starbucks' Anytime Benefits, partners can participate in the Cycle to Work scheme, with payments conveniently deducted from their salary.
- Language Learning: Starbucks offers various language learning opportunities, including a British Sign Language training program and courses through the Starbucks Global Academy.
- Charitable Giving: Through the Partner Match program, Starbucks matches financial donations made by partners to eligible nonprofit organizations, doubling their impact.
With programs like the Cycle to Work scheme, language learning, and charitable giving support, Starbucks empowers partners to grow personally and make a positive community impact.
Family
Starbucks is dedicated to supporting its partners during significant life events and personal challenges with a range of benefits designed to assist with family expansion, provide emotional support, and offer time off to balance work and family life.
- Assisted Reproduction Support: Starbucks assists eligible partners with certain costs related to adoption, surrogacy, or fertility treatments through its Family Expansion Reimbursement Program
- Employee Assistance Program: Managed by their benefits team, the EAP offers partners access to counseling and other support services for managing personal and work-related challenges.
- Maternity: Starbucks provides paid leave for birth mothers, offering financial support and time off for recovery and bonding after childbirth.
- Paternity: Non-birthing parents, including fathers and adoptive parents, receive paid leave to spend time with their new child and support their family.
- Adoption leave: Partners adopting a child receive paid leave to help them adjust and bond with their new family member.
Starbucks' benefits for family expansion and personal support, including maternity, paternity, and adoption leave, as well as the Employee Assistance Program, highlight the company’s commitment to helping partners manage significant life events and balance work and family life.
Finance
Starbucks offers a range of financial and lifestyle benefits to support partners in managing their finances, achieving financial goals, and enjoying daily savings.
- Savings Plan: Starbucks offers a savings plan with a company match of up to $250, helping partners grow their savings with additional contributions from the company. This program encourages regular saving and supports partners in building their financial security.
- Share Scheme: Starbucks provides a Share Scheme that allows partners to purchase company shares at a discounted rate. This initiative offers partners the opportunity to become equity owners, aligning their interests with the company's performance and fostering a greater sense of involvement in the company's success.
- Financial Wellbeing Coaching: Starbucks offers Financial Wellbeing Coaching to provide personalized advice and support on financial matters. This includes assistance with budgeting, financial planning, and achieving long-term financial goals, empowering partners to make informed financial decisions and improve their overall financial health.
- Debt Refinancing Loans: Starbucks provides tools and resources to help partners manage and refinance current or future student loans. This benefit aims to ease the financial burden of student debt by offering guidance and options for better loan management and repayment.
- Discounts Portal: Partners have access to a Discounts Portal that offers a variety of discounts on products and services from numerous retailers. This benefit provides significant savings on everyday purchases and special offers
- Meal Vouchers: Starbucks provides meal vouchers to partners, which can be used for food and beverages, either at Starbucks locations or potentially with partner vendors. This benefit helps offset dining expenses and promotes convenient and healthy eating options.
Through its savings plan, share scheme, financial coaching, student loan resources, discounts portal, and meal vouchers, Starbucks demonstrates a commitment to enhancing partners' financial well-being and overall quality of life.
Flexible allowance
Starbucks offers a range of allowances to support its partners in various aspects of their lives. For Travel, partners may receive benefits that help with work-related or personal travel expenses, enhancing convenience and reducing costs. The Wellbeing allowance covers a broad spectrum of health and wellness needs, including access to fitness programs and mental health resources, reinforcing Starbucks' commitment to holistic employee care. Social allowances support partners in engaging with their communities and participating in social activities, fostering a positive work-life balance. These allowances reflect Starbucks’ dedication to creating a supportive and enriching environment, addressing both professional and personal needs