I'm not very familiar with the company, but according to the Detroit Free Press, "Starbucks employees who work at least 20 hours a week receive full health care benefits and stock options of 14% of base pay." Health care is one of America's most critical issues according to Schultz. Here is some of what he had to say in Detroit this week:
[Schultz] criticized major American corporations that are not paying their part of the nation's health care costs and Congress for doing nothing about the problem. He noted that nearly 50 million Americans are uninsured.I'm impressed with Schultz who believes "Success has to be based on building an emotional connection with the consumer." I don't frequent coffeeshops that often, but issues like affordable health insurance for employees and corporate responsibility sway my decisions on where I shop. Schultz connected with me emotionally. The next time I'm faced with the decision about where to stop for coffee, I'm spending my $4 dollars on a cup of Café Estima Blend® - a versatile blend of Fair Trade Certified coffees - and I'll raise my cup in a toast to Starbucks.
"We have companies that are very profitable and have high stock prices but who either do not make health insurance available for their employees or, if they do, the premiums are too high for most people to afford them. Or companies keep the hours down so the employees can't qualify," Schultz said. [...]
Schultz, who grew up in a Brooklyn, N.Y. housing projects, said his father was injured at work and was left without a job or health care insurance and unable to support his family. The experience when Schultz was 7 years old shaped his sense of corporate responsibility.
"I wanted to build a company my father never got a chance to work for."
[h/t Absolute Michigan for pointing me to the story.]