Starbucks extends past pay hike to union workers as it thaws relationship with Workers United
Publishing timestamp: 2024-02-28 11:20:12
Summary
Starbucks and Workers United have found a "constructive path forward" during mediation discussions, signaling a major step forward in their relationship. Starbucks will provide unionized cafes with credit card tipping and pay hikes, showing good faith towards the union. Wage increases are a key step in breaking the standoff over bargaining.
Sentiment: POSITIVE
Tickers: SBUX,
Keywords: labor economy, personnel, business news, united states, breaking news: business, starbucks corp, business, retail industry, restaurants,
Source: https://www.cnbc.com/2024/02/27/starbucks-and-workers-united-union-agree-to-framework-for-talks.html