News

Starbucks baristas can get (almost) free degrees

Starbucks baristas can get (almost) free degrees

DO YOU WANT A DEGREE WITH THAT LATTE?:Starbucks plans to partly pay for online degree programs. Photo: Associated Press

(Reuters) – Starbucks Corp said it plans to partly pay for an online bachelor’s degree program for its employees in the United States, hoping to retain its workforce and save on hiring and training costs.

The world’s largest coffee chain is teaming up with Arizona State University to subsidize education for its U.S. employees who work an average of 20 hours a week.

As of September 2013, Starbucks had 137,000 employees, about three-fourths of its global workforce, in the United States.

Employees enrolling in the program, called the Starbucks College Achievement Plan, can choose among 40 subjects ranging from retail management to electrical engineering and will be under no obligation to remain with the company after graduation.

Employees admitted to the university as a junior or senior will earn full tuition reimbursement for each semester of full-time course work, while freshmen and sophomores will be eligible for a partial tuition scholarship, the company said in a statement on Sunday.

Starbucks declined to estimate how much it expects to spend on the program. “We will know more of what the investment will be once partners (employees) sign up over the next year,” Starbucks spokeswoman Laurel Harper said in an email.

Starbucks’ investment in its employees’ education comes as it grapples with higher dairy costs. The company has locked in coffee prices for the rest of this fiscal year.

Harper declined to comment on employee retention rate in the company, citing competitive reasons, but said Starbucks has achieved retention rates “well above the industry average.”

(Reporting by Sampad Patnaik in Bangalore and Lisa Baertlein in Los Angeles; Editing by Gopakumar Warrier)

Recent Headlines

in National

Police seek motive in fatal Washington state school shooting

mp

Authorities are seeking a motive as to why a high school student shot dead a female classmate and wounded four others.

in Entertainment

This weekend in entertainment history

beatles

A look back on some of Hollywood's most memorable moments.

in Local Sports

Cougar & Husky doubleheader on KPUG

Updated
pac 12 logo

The Washington State Cougars welcome the Arizona Wildcats and the Washington Huskies host the Arizona State Sun Devils on Saturday. You can hear both games on KPUG 1170.

in Local Sports

Jenn Paul named GNAC Golfer of the Week

western washington logo generic copy/wwu

Western Washington University's Jenn Paul has been named Great Northwest Athletic Conference Women's Golfer of the Week for Oct. 19-25.

in Local Sports

Bellingham routs Wenatchee

bellingham blazers logo

The Bellingham Blazers beat the Wenatchee Wolves on Friday night at the Bellingham Sportsplex.