Working at Starbucks offers a robust package of benefits designed to support partners' overall well-being, encompassing health, financial security, education, and various perks.
Comprehensive Benefits for Starbucks Partners
Starbucks provides a wide array of benefits to its eligible partners (employees), focusing on their physical, mental, and financial health, as well as their personal and professional development. These benefits are structured to offer comprehensive support and enhance the partner experience.
Health & Well-being
Starbucks prioritizes the health of its partners by offering extensive health coverage and mental health resources. This includes:
- Comprehensive medical, dental, and vision insurance plans to ensure partners have access to quality healthcare.
- Mental health resources, which provide significant support through 20 therapy sessions per year. Additionally, partners gain free access to Headspace, a popular meditation and mindfulness app, helping them manage stress and improve mental resilience.
- Paid leave for eligible parents who are welcoming a new child to their family, whether through birth, adoption, or surrogacy, supporting them during significant life transitions.
Financial Well-being & Future Planning
Starbucks helps partners build a secure financial future through various programs designed for long-term savings and ownership:
- Stock Options (Bean Stock): Eligible partners have the unique opportunity to earn Starbucks stock, fostering a sense of ownership and shared success in the company's performance.
- 401(k) Retirement Plan: Starbucks offers a 401(k) plan with matching contributions, assisting partners in saving effectively for their retirement.
- Discounted Stock Purchase Plan: Partners can often purchase Starbucks stock at a reduced price, further encouraging investment in the company.
Education & Development
Starbucks is committed to its partners' growth and education, providing significant opportunities for academic and career advancement:
- Starbucks College Achievement Plan: This groundbreaking program offers full tuition coverage for eligible partners enrolled in Arizona State University's online bachelor's degree programs, removing financial barriers to higher education.
- Learning and development programs are also available to foster continuous skill enhancement and career growth within the company.
Partner Perks & Discounts
Beyond major benefits, Starbucks partners enjoy daily perks that enhance their work experience and provide convenience:
- Free coffee and food benefits during shifts, allowing partners to enjoy Starbucks products.
- Partner discount on food, beverages, and merchandise when not working, making it more affordable to enjoy their favorite items.
- Commuter benefits (where applicable) to assist with transportation costs.
Summary of Benefits
To provide a clearer overview, here's a table summarizing the key benefits offered:
Benefit Category | Key Offerings |
---|---|
Health & Well-being | Medical, dental, vision insurance; 20 therapy sessions/year; Headspace access; paid parental leave. |
Financial Well-being | Stock options (Bean Stock), 401(k) with company match, discounted stock purchase plan. |
Education & Development | Full tuition coverage through Starbucks College Achievement Plan (ASU online), ongoing learning programs. |
Partner Perks | Free in-shift food/drinks, partner discounts, commuter benefits. |
For more details on eligibility and specific program terms, visit the official Starbucks Careers Benefits page.