Quantcast
Channel: Sustainable Brands - Latest News
Viewing all articles
Browse latest Browse all 7798

Starbucks Pledges to Not Cut Workers’ Benefits Under Obamacare

$
0
0

Starbucks CEO Howard Shultz told Reuters this week the company will not cut hours or benefits for employees — referred to as "partners"— in response to Obamacare.

While many other large companies in the food service sector have said they will need to shift costs onto their workers in anticipation of upcoming changes under the health law, Starbucks says it will not follow suit.

“Other companies have announced that they won’t provide coverage for spouses; others are lobbying for the cut-off to be at 40 hours,” Shultz said. “But Starbucks will continue maintaining benefits for partners and won’t use the new law as an excuse to cut benefits or lower benefits for its workers.”

read more


Viewing all articles
Browse latest Browse all 7798

Trending Articles