Starbucks will pay its employees, called “partners,” on a weekly basis beginning in August, the coffee chain recently announced. The move from biweekly to weekly pay is part of a broader set of changes to Starbucks’s compensation program that includes merit bonuses of up to $1,200 annually, as well as additional options for customers to tip baristas. Starbucks is in the midst of a turnaround strategy that it says will prioritize improving employee experience, but has also included store closures and layoffs. In a memo to employees, Starbucks Chief People Officer Sara Kelly said the chain made the decision to pay workers on a weekly basis after hearing “that getting paid sooner would help.” From August on, “you’ll get the money you earn, faster,” she said. Under pressure. Starbucks’s decision represents a departure from the norm, as most US employers pay workers on a biweekly basis, per Bureau of Labor Statistics data from 2023. Keep reading on HR Brew.—CV |