How much do Starbucks baristas earn? is it true that Starbucks has a part-time job of 38 yuan an hour?

Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style)

Becoming a barista is a dream that many people have had. Fantasize about wearing an apron and making coffee and flowers meticulously in the bar filled with the aroma of coffee, the figure is handsome and charming. The reality is that at present, the average age of Chinese baristas is relatively low, their income is not high, and it is difficult to promote. What is the salary of Starbucks?

The wages and benefits of baristas vary greatly around the world, and the cost of living, unemployment, tip culture and other factors will also increase, let's talk about domestic coffee shops. Take a look at the salary of Chinese baristas, especially how many domestic baristas can earn up to 6, 000 per month (6000? It is estimated that the manager's salary is), they all make coffee, why is the difference so far?

We should know that there are many factors that affect the salary of barists. the analysis of small coffee makers mainly includes these factors: the grade of baristas, the popularity of the geographical location of cafes, the appearance of baristas, the service attitude of baristas, the basic standard of living of the city, and so on.

Baristas are generally divided into three levels in the industry: junior baristas (professional qualification level 3), intermediate baristas (professional qualification level 2) and senior baristas (professional qualification level 1). The higher the level, the better the technology, the higher the salary, of course.

Of course, you can get a high salary for your skills, but your salary will be affected by other factors, such as the size, location and popularity of the coffee shop. Cafes in popular places do good business, so the wages for their employees are higher. This is also related to the barista's technology, good technology, of course, you can go to a higher and better platform for development. So this also requires you to have good technology, and then know how to seize the opportunity.

Finally, there are personal qualities. In addition to having good skills, your service attitude, your own professionalism, and whether you can provide quality service also affect your salary.

In fact, which company does not want to lower labor costs? If manual labor is not healthy, how can you earn more? Starbucks coffee is cheap in the United States, 9 US dollars per hour, and expensive in China, 17 yuan per hour, and the salary for a novice who has just entered a coffee shop will not be very low. At this time, you need to be familiar with the environment and integrate school experience into the workplace. After becoming a regular employee, there will be commission, tips and bonuses.

Howard Schultz, founder and former CEO of Starbucks, who is touring the US to promote his autobiography, told the media recently: "I want to pay more taxes and I will publish my taxes at 100 per cent." Schultz advocates raising taxes on the rich to ensure that the wage gap does not widen.

Schultz's remarks are certainly intended to express a point of view. Us coffee brand Starbucks first disclosed the median salary of its US employees in January: $12754 a year, plus 52 pounds of coffee (equivalent to 1 pound a week), according to Bloomberg. By comparison, Starbucks CEO Kevin Johnson (Kevin Johnson) earned $13.4 million in 2018, including $1.46 million in base salary, bonuses and stock awards.

According to the CEO compensation ratio (CEO pay ratio) calculation, CEO's salary is divided by the employee's median salary, and Starbucks' CEO compensation ratio is 1049 CEO 1. In other words, Johnson's annual salary is 1049 times that of the average employee.

The editor noted that the CEO compensation ratio is a data required by the US Securities Regulatory Commission to be disclosed by listed companies in 2017 to highlight wage inequality in the United States and regulate executive pay.

Among the data disclosed so far by US-listed companies, CEO has the highest salary ratio to toymaker MATTEL CEO Krez, whose salary is 4987 times that of his employees.

But in the last century, wealth did not widen the gap between people. According to a previous study released by the American Federation of Labor, corporate leaders in the S & P 500 were paid 347 times as much as the average employee in 2016, up from 41 times in 1983.

The pay gap between executives and employees in American companies is widening.

Generally speaking, CEO and employee pay are supposed to go up and down with the development of the company, but since the financial crisis, most ordinary American workers have struggled with stagnant salaries, but companies' CEO relatively do not have to worry about pay increases.

Last year, data released by the US Economic Policy Research Institute showed that CEO pay increased by an average of 979 per cent among the top 350 listed companies in the US between 1978 and 2017. Over the same period, the s & p 500 index of America's largest company rose 637%, while employee pay rose by only 11.2% over the same period.

The editor noted that in 2018, net profits of the six major Wall Street banks-JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo, Citibank and Morgan Stanley-rose 18% year-on-year to a record $119 billion. Still, employees at these banks don't get much of a dividend, and their average salary increases are much lower than their CEO.

The average wage of the six banks rose only about 3 per cent last year, according to an analysis by the Financial Times. According to banks, the average salary increase for employees at Wells Fargo was slightly more than 4.1 per cent, while that for BofA and Citigroup was 2.2 per cent, while the average salary for Goldman Sachs employees fell by about 3 per cent.

The average salary of more than 60, 000 employees of Morgan Stanley, the king of Wall Street in 2017, also fell by nearly 2 per cent to just over $292000. By contrast, the salary of the investment bank's chairman and CEO James P.Gorman surged 7 per cent last year to $29 million.

For JPMorgan, which made a record profit of $32.5 billion in 2018, its CEO compensation performance was particularly good. In January, JPMorgan's board said its full-year CEO Jamie Dimon compensation rose 5.1 per cent in 2018 from the previous year to $31 million, second only to its annual salary level before the financial crisis in 2007.

Dimon's compensation includes $24.5 million in restricted stock linked to performance, a base salary of $1.5 million and a cash bonus of $5 million, according to regulatory filings. This salary is second only to Dimon's personal highest salary record of $49.9 million in 2007.

The Washington Post said in a report that U.S. equity investors are underestimating the significance of CEO pay ratios and may be at risk. In the United States, rising income inequality is not only a topic of concern for ordinary workers, but also one of the issues that politicians compete for to win over voters.

Five factors lead to a big increase in CEO salary.

According to a previous report in the Labor Daily, some US executives do not agree with the "CEO pay ratio", saying that it exaggerates the gap, because the American Federation of Labor takes into account stock options when counting CEO income, but only includes wages for ordinary employees, excluding pensions received through the 401k plan.

The American Federation of Labor also acknowledged the problem in the statistics, in part because it did not get data on specific salaries given to employees by specific companies, using wage data released by the Department of Labor. But the American Federation of Labor also believes that many ordinary employees actually do not receive that much benefits.

In response, the Associated Press and Equilar analyzed five reasons for the wide pay gap between CEO and ordinary employees in the United States in 2015.

There are five factors for the large increase in CEO pay in the United States:

First, stock options. CEO earns a lot of dividends and holdings every year by holding shares in the company.

Second, peer competition. The board of directors compares the salaries paid by the same industry to attract good leaders.

Third, star effect. CEO, which has first-class ability and performance in the market, should also be treated as a stadium star.

Fourth, the attitude of the board of directors. Many directors are hand-picked or interviewed by CEO and tend to agree to CEO's request for their due pay.

Fifth, stringent performance. While CEO performance is subject to tighter scrutiny, companies are also raising pay to compensate for the risk of job losses.

There are five factors leading to a weak increase in the wages of the average American worker:

First, blame the robot. Robots and computers replace many production line workers, secretaries and other manpower, and the decline in middle-income jobs forces workers to succumb to low-paid jobs.

Second, high unemployment rate. Overstaffing and labor surplus have reduced the pressure on enterprises to adjust their salaries.

Third, globalization. In order to cut costs, enterprises have moved their jobs to countries with lower labor costs.

Fourth, the trade union is relatively weak. The unionisation rate of American workers fell from more than 20 per cent in 1983 to 11.3 per cent in 2014, as unions weakened to negotiate a pay rise with management.

Fifth, inflation is low. In recent years, the average increase in consumer prices in the United States has hovered around 1.5%, and the low price increase has given employees less reason to ask their employers for a raise.

END