A raise can be yearly as well (it’s how I’d interpret it by default in Europe). The only thing it implies is that they’d have to be paid that next year as well, which also seems far from realistic considering the cost of it is ~20% of current profits. (Plus it’d be tax exempt as an expense, so probably even less of profits)
A raise can be yearly as well (it’s how I’d interpret it by default in Europe). The only thing it implies is that they’d have to be paid that next year as well, which also seems far from realistic considering the cost of it is ~20% of current profits. (Plus it’d be tax exempt as an expense, so probably even less of profits)
On point 2, the only source I’ve found is https://fourweekmba.com/starbucks-company-operated-employees/, implying the 400k includes franchised employees and 248k “company employees”, so it seems like it’s included.