Coffee & College: How Starbucks Is Investing In Its Employees’ Future

first_img 3.8★ 23 hours ago 23h Starbucks is serving up more than just hot coffee and on-the-go eats. The global coffee giant offers employees the opportunity to earn a bachelor’s degree with 100% of the tuition covered. In a first of its kind collaboration with Arizona State University (ASU), all part- and full-time benefits eligible U.S. partners can receive full tuition coverage for a bachelor’s degree.The Starbucks College Achievement Plan launched in 2014 and is graduating its largest class of scholars this May — 470 graduates in nearly 70 different academic disciplines from 40 states across the U.S. “The opportunity to nurture and inspire the human spirit is what the iconic green apron represents,” says Mary Dixon, Director of the Starbucks College Achievement Plan. “And we wanted to create an opportunity for partners to reach the goal of becoming college graduates, and remove the financial barrier that often blocks their path.”Over 10,000 partners are currently participating in the Starbucks College Achievement Plan, with 62 percent of stores in the U.S having at least one partner in the program. Additionally, 20 percent of Starbucks scholars are first in their family to attend college.We caught up with Dixon to discuss Starbucks’ commitment to providing employees with this “life-changing” opportunity.Glassdoor: Congrats on the largest class of graduates. Take me back to 2014, what is the Starbucks College Achievement Plan?Mary Dixon: The inspiration for the Starbucks College Achievement program really came from our partners (we call our employees partners). We are continually listening to partners about what would be most valuable to them in the way of benefits. We know that any investment we make in our partners is a good one because of the relationship they have with the customers – and that relationship is the essence of our brand. We knew that 70% of our partners were either in school, or aspiring to be in college – so we knew achieving a college degree is something that was important to our partners.  At the same time, there were so many barriers in the way of students completing their degrees. We knew this was a space where we could make a difference. We were fortunate to partner with Arizona State University and together created this first of its kind partnership. Creating an opportunity for all U.S. partners to earn their bachelor’s degree with full tuition coverage.What is so unique about this program is the comprehensive design. There is no other program like this. We cover 100% of tuition, partners can pursue any of the more than 70 degrees offered, there is no ‘give back’ to Starbucks, they can leave after graduation, and there is robust team of counselors and a dedicated success coach for each partner. This is available to every level of the organization, the only requirements are that a partner is benefits eligible (which means working an average of 20 hours a week) and doesn’t have a bachelor’s degree.Susana Mojica-The 2017 Starbucks -Arizona State University Graduation on May 8,2017.(Photography by Scott Eklund/Red Box Pictures)Glassdoor: Many companies receive feedback from employees about benefits and perks they’d like to have, however, Starbucks acted upon this very core interest. What was it about an investment in education that made sense for Starbucks as an employer of over 200,000 people?Mary Dixon: By giving our partners access to a full, four-year college education, we will provide them a critical tool for lifelong opportunity. When our partners are satisfied and engaged, the result is deeper customer connections and an elevated Starbucks Experience for everyone.Glassdoor: Tell me about some of the students you’ve met who are in the program. Any stand out stories?Mary Dixon: There are so many inspirational stories that we hear, and I know that those are just a small sampling of the experience out there. The themes I constantly hear are around partners who either didn’t go, or had to leave college because they couldn’t afford it, or had to put their school aside because something got in their way. They are now back on track and pursuing this goal. Markelle, one of our first graduates is a good example. She was in college when her family was impacted by the recession. She dropped out of school to help and didn’t know if she’d ever return. She was a strong student, but lack of funds got in her way. Through the program, she returned to school and graduated. She has been promoted and is working with the technology team.  I consistently hear that the flexibility to fit school into their life is remarkable and the level of support from ASU and Starbucks truly makes a difference. Getting their degree is a life-changing achievement.Glassdoor: Why or how does this program really personify Starbucks’ employer value proposition?Mary Dixon: The opportunity to nurture and inspire the human spirit is what the iconic green apron represents. And we wanted to create an opportunity for partners to reach the goal of becoming college graduates, and remove the financial barrier that often blocks their path.Glassdoor: How does Starbucks decide on the benefits and initiatives it offers? What’s the process?Mary Dixon: We are always listening to our partners to learn what is important to them – through formal surveys and informal feedback. We want to continually offer benefits that are value to them.Just as we listen to determine what benefits we should offer, we are continually listening to feedback on what is and isn’t working with this program (and all benefits) and adjust as we learn.   Glassdoor: Venturing into new territory can be challenging. What lessons did you learn along the way? How has the program evolved?Mary Dixon: In 2014 when we launched Starbucks College Achievement Plan, we thought that partners just needed help getting to completion, so we treated juniors and seniors differently than freshman and sophomores and set the program up to reimburse partners every 6 months. We heard this was too complicated and 6 months was too long to wait for reimbursement. So, we expanded in 2015 and treated every academic level the same and changed to direct reimbursement after each session, directly into the partner’s paycheck before the next tuition bill is due.In support of our Veteran partners, as they have access to the GI bill for education, we expanded to enable them to gift their education benefit to a family member1 in 5 of our partners had past academic history which prevented admission to ASU. We worked together with ASU and launched “Pathway to Admission’ to customize a solution for partners to work towards admissions into Arizona State University.Glassdoor: How does this program work with employees to achieve both their educational and professional goals?Mary Dixon: Wide, unrestricted choice of majors. Partners can choose from more than 70 undergraduate degree programs from Organizational Leadership to Mass Communication and Media Studies.No commitment after graduation. There is no obligation for partners to stay with Starbucks after graduation, or pay back any of the costs associated with their degree.Excellent student services to help navigate college. A personal enrollment coach along with academic and financial aid counselors will help partners navigate the entire process of applying, choosing the right major, applying for financial aid and selecting the right classes to meet their academic goals. Each partner has their own ASU ‘success coach’ who supports them holistically through to graduation. We have launched a career course to support partners in identifying their next path and of course partners have access to ASU’s full career support resources.Glassdoor: What are your/Starbucks’ goals around the next class of graduates? Future classes?Mary Dixon: This week nearly 470 partners will be graduating from ASU. We have partners graduating from 40 states across the U.S. and they join the over 1,280 who already have their degrees.With over 10,000 partners currently participating in the Starbucks College Achievement Plan, 62% of stores in the U.S have at least one partner in the program. 20% are first in their family to attend college.All this brings us closer to our goal of 25000 graduates by 2025.Glassdoor: If you were speaking to Starbucks employees or job applicants, what would you tell them is the reason they should take advantage of this program?Mary Dixon: All U.S. based, benefits-eligible partners, regardless of role, who do not yet have a bachelor’s degree are eligible. Education is the best investment you can make in yourself – there is no reason not to! shift supervisor – Store# 16516, HERITAGE TRACE & I-35 Starbucks Coffee Company Fort Worth, TX shift supervisor – Store# 06228, CASA LINDA Starbucks Coffee Company Dallas, TX 23 hours ago 23h manufacturing supervisor, variable shift, York Roasting Plant – York Starbucks Coffee Company York, PA 23 hours ago 23h 23 hours ago 23h 3.8★ 23 hours ago 23h shift supervisor – Store Starbucks Coffee Company San Ramon, CA Current Students Only – Starbucks Barista Starbucks Lincoln, NE 23 hours ago 23h 3.8★ 3.8★ 3.8★ 3.8★center_img 3.8★ 23 hours ago 23h barista – Store Starbucks Coffee Company Prattville, AL 3.8★ 3.8★ 23 hours ago 23h 3.8★ 23 hours ago 23h 23 hours ago 23h shift supervisor – Store# 09329, LINDA VISTA & NAPA Starbucks Coffee Company San Diego, CA shift supervisor – Store# 23476, HUGHES LANDING & LAKE WOODLAND Starbucks Coffee Company Spring, TX shift supervisor – Store# 11891, SIGNAL BUTTE & HWY 60 Starbucks Coffee Company Mesa, AZ Barista, Shift Supervisor Starbucks Corporation Destin, FL Available Jobs at Starbucks Corporation Browse All Jobs See more jobs at Starbucks Corporationlast_img read more

The Money Boo Boos Sweepstakes Wrap-Up: Week 2

first_imgSo you have debt. As you probably know, you’re suffering in good company. According to the Federal Reserve, total household debt is at a staggering $13.86 trillion — and has been steadily climbing. While you might be one of millions… Full Story,We’ve all heard the expression “less is more,” and the concept of minimalism embraces that fully. While it is not a new concept, the minimalism trend has gained popularity in recent years,  especially amongst Millennials in the United States. From… Full Story,Saving more money is one of those big goals that a lot of people have, but get stuck. I know this because we use to be right there too. The year would fly by and we were nowhere near our goal…. Full Story,Have you ever heard of “discretionary income” but felt unsure about exactly what it means? You’re not alone. Many people are aware of what they spend, but not the financial lingo behind it. Discretionary income refers to the remaining funds… Full Story,Mastering the personal finance basics feels pretty good. Getting a firm grasp on your expenses and budgeting like a pro is a reason to celebrate—you’re building the foundation for a solid financial future! This, of course, goes hand in hand… Full Story,While the traditional definition of financial freedom is that you have enough in investments, savings, and passive income that you don’t have to ever work for money again, it can also mean that you reach a point where you don’t… Full Story,Do you ever feel on edge because you’re not sure if you have enough in your bank account to cover your bills and put food on the table? If so, you’re far from alone. A recent study by the United… Full Story,Starting your journey toward financial fitness can be overwhelming. If you take a gander at the Center for Financial Services and Innovation (CFSI)’s eight key indicators of financial health, which include spending less than your income, having sufficient living expenses… Full Story,This Independence Day, as with each 4th of July, I’m reminded of the great leap of faith my parents took more than 37 years ago when they bought one-way tickets to the United States. Their move from their embattled Iran… Full Story,Earlier this month I had a major #fangirl moment. It was a full #fangirl evening, in fact, when I teamed up with New York Times bestselling author and Girlboss founder Sophia Amoroso to share in a very special money event…. Full Storylast_img read more

President Announces ShortTerm Plan to Help Farmers ASA Hopeful Its Step One

first_imgThe Administration announced on Tuesday that the Department of Agriculture would be rolling out a relief plan this fall for farmers hit hard by trade tariffs imposed in recent months. Since discussion of a tit-for-tat exchange of tariffs between the U.S. and China became serious in late May, U.S. soy prices have dropped more than $2.00 per bushel.The President has vowed for weeks that he would “take care” of farmers, but the American Soybean Association (ASA) and other agriculture groups did not know until today what that help would look like. The plan outlined by the Administration includes three components: Direct payments to farmers to mitigate lower prices resulting from retaliatory tariffs, direct commodity purchases by USDA, and funding for a temporary program similar in purpose to the current Market Access Program (MAP) and Foreign Market Development (FMD) programs. The cost of the package is expected to total around $12 billion spread across multiple commodities, including soybeans.While soybean growers appreciate the Administration’s recognition that tariffs have caused reduced exports and lower prices, the announced plan provides only short-term assistance. ASA continues to call for a longer-term strategy to alleviate mounting soybean surpluses and continued low prices, including a plan to remove the harmful tariffs.John Heisdorffer, ASA President and soybean grower from Keota, Iowa, stated, “Our best course of action is to expand other markets and develop new ones to buy the soybeans we’re not selling to China. This means finishing the NAFTA negotiations as soon as possible so we can begin talks on new bilateral agreements with other key soybean markets including Japan, Vietnam, Indonesia and the Philippines.”Soybean farmers are facing an urgent situation this fall, with a near-record harvest expected and exports predicted to be down by 11 percent next year. That situation will worsen without long-term answers to the pinch of tariffs—or seeing the tariffs rescinded.“The American Soybean Association has consistently advised the Administration that the best way to reduce our Nation’s trade deficit is by increasing exports, including of agricultural products,” Heisdorffer stated. “Since the Administration has decided to use tariffs to address trade concerns with China, and China has retaliated, farmers don’t have time to wait to see how this trade war turns out.”In 2017, China imported 31% of U.S. production, equal to 60% of total U.S exports and nearly 1 in every 3 rows of harvested beans, making solutions to the tariff war critical for the soybean industry.Heisdorffer concluded that, “U.S. soybean producers want to see President Trump succeed in meeting his trade campaign goals of achieving better trade deals and greater market access. And, we appreciate that he has recognized our loss in exports and lower prices and provided some immediate relief. However, producers cannot weather sustained trade disruptions.”last_img read more