Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle. Niccol will be paid a base salary of $1.6 million annually, with the opportunity to earn up to $7.2 million more in cash.
In all honesty, I think Starbucks does pretty well in providing resources and perks to staff members. But their shitty behavior with creating unions is disgusting.
And staff members, when you’re arguing for your $1-2 raise… Remember that this guy is making $85 mil. And Chipotle has gone to shit.
it’s not enough to offset the shit pay which is made even shittier when they send you home early if it’s “not busy” for 20 minutes, which leaves 3 people doing the work of 5 people when it inevitably gets busy after people were sent home. so customers come in to a store where everyone’s all out of fucks to give about anyone’s 20 syllable bougie bullshit latte, and say “maybe i’ll go somewhere else next time,” and baristas say “please fucking do”
Id prefer they paid living wages. And allowed staff to unionise. Those are basic minimums
Chipotle really has gone to shit, so this surprised me. I can’t even read my receipt at most local Chipotles in order to fill out their feedback survey and tell them as much…
He’s making more than $85m. Far more. This is just for taking the job.