College Tuition Plan: Starbucks Offers Shocking New Employee Rewards
Starbucks has announced its plans to give US workers an opportunity to earn an online college degree, an unusual employee benefit in an industry where higher education is difficult to reach.
The US coffee chain is partnering with Arizona State University to make bachelor’s degree affordable to its employees who work at least 20 hours a week.
The annual fee for online courses at the university can go beyond $10,000.
After they have finished their college degree, the Starbucks staffs have the freedom to choose which company to work for.
‘Best investment Starbucks can make’
The Starbucks College Achievement Plan highlights the dilemma of many employees who earn low salaries and don’t have much job security.
“There’s no doubt, the inequality within the country has created a situation where many Americans are being left behind. The question for all of us is, should we accept that, or should we try and do something about it,” said Howard Schultz, the chairperson and president at Starbucks, in a statement.
“Supporting our partners’ ambitions is the very best investment Starbucks can make. Everyone who works as hard as our partners do should have the opportunity to complete college, while balancing work, school and their personal lives.”