Starbucks - offers to pay degree tuition fees

Darcydog · 2nd April 2019, 05:59

What a great idea!

They have been doing it in the States for a while - and now offer it to U.K. employees

wraymond · 3rd April 2019, 22:17

It has merit. Baristas are not just there for a basic job. Many see the company as long term and with possible advancement opportunities. Every company needs senior personnel in several areas of operation. Good forward thinking and the planning for it. It attracts applicants from a hugely wider range of abilities and demonstrates confidence in their own future.

Darcydog · 4th April 2019, 08:51

It’s online tuition from Arizona State University and would normally cost about $13000 or £10000 a year.

Having dealt with young professionals who often have £30k to £40k of student loan debt I believe this idea has serious merit.

Well done Starbucks.

MSS · 4th April 2019, 09:26

This is to be applauded.

The next step in demonstrating good corporate governance should be for Starbucks pay its UK taxes. I believe in 2017/18 it paid just 2.8% in corporation tax!

Darcydog · 5th April 2019, 15:32

To be fair to Starbucks - they have moved their European HQ to London from Amsterdam so that they can actually pay tax in the U.K.

And as for the stupid headlines in the MSM re their only paying 2.8% Corporation tax - this was because of the total 2017 profit of £213million, £150million was profit from another business entity within the group that was amalgamated with Starbucks - AND ON WHICH TAX HAD ALREADY BEEN PAID!!

The reality is often hidden by the MSM - as reality rarely makes a sensational headline.

2nd April 2019, 05:59	#1
Darcydog This is my second home Join Date: Jul 2014 Posts: 5,428 Thanks: 3,123 Thanked 3,170 Times in 2,096 Posts	Starbucks - offers to pay degree tuition fees What a great idea! They have been doing it in the States for a while - and now offer it to U.K. employees

3rd April 2019, 22:17	#2
wraymond This is my second home 75 Auto 2.5 SE Join Date: Feb 2010 Location: Westcliff on Sea Posts: 5,195 Thanks: 423 Thanked 1,680 Times in 1,014 Posts	It has merit. Baristas are not just there for a basic job. Many see the company as long term and with possible advancement opportunities. Every company needs senior personnel in several areas of operation. Good forward thinking and the planning for it. It attracts applicants from a hugely wider range of abilities and demonstrates confidence in their own future. __________________ member no. 235

4th April 2019, 08:51	#3
Darcydog This is my second home Join Date: Jul 2014 Posts: 5,428 Thanks: 3,123 Thanked 3,170 Times in 2,096 Posts	It’s online tuition from Arizona State University and would normally cost about $13000 or £10000 a year. Having dealt with young professionals who often have £30k to £40k of student loan debt I believe this idea has serious merit. Well done Starbucks.

4th April 2019, 09:26	#4
MSS This is my second home Rover 75CDT, Jaguar XF-S 3.0V6, V'xhall Omega V6 Estate, Twintop 1.8VVT, Astra Estate and Corsa 1.2 Join Date: Dec 2007 Location: Suffolk Posts: 7,085 Thanks: 283 Thanked 624 Times in 440 Posts	This is to be applauded. The next step in demonstrating good corporate governance should be for Starbucks pay its UK taxes. I believe in 2017/18 it paid just 2.8% in corporation tax!

5th April 2019, 15:32	#5
Darcydog This is my second home Join Date: Jul 2014 Posts: 5,428 Thanks: 3,123 Thanked 3,170 Times in 2,096 Posts	To be fair to Starbucks - they have moved their European HQ to London from Amsterdam so that they can actually pay tax in the U.K. And as for the stupid headlines in the MSM re their only paying 2.8% Corporation tax - this was because of the total 2017 profit of £213million, £150million was profit from another business entity within the group that was amalgamated with Starbucks - AND ON WHICH TAX HAD ALREADY BEEN PAID!! The reality is often hidden by the MSM - as reality rarely makes a sensational headline.