I am not a business-savvy person. I don't know how the stock market works; I don't even completely understand the true state of the economy right now.
But I know enough to know that I'm really, really lucky to have the job I do.
I'm 19, working almost full-time, making enough to have freedom with what I do and buy.
I have stock options available, as well as tuition reimbursement should I go into a field that would further my job. I have my own health, dental, and vision insurance.
I've seen people, some in their mid-40's and up, talking about trying to get jobs at Target. I'm sure these people at one point had a thriving career. And now, they're taking jobs like they did when they were my age, most likely making considerably less than they need to continue their current lifestyles.
I don't keep up too terribly much with Starbucks gossip, but I've heard enough from customers and people higher up in the company than me to know that there are a lot of changes going on, just like in most other companies right now.
Tons of people are getting laid off, labor is being cut and hours are being cut back for a lot of people, regardless of position or availability.
I'm pretty sure that every company out there having to make changes like this aren't happy with them. No one wants to lay off people.
But Starbucks is doing what they can to keep their profits as high as possible to ensure the people they do have can stay employed, and that possibly in the future, the people laid off can come back.
Instead of getting rid of benefits for part-time partners, stock options, or tuition reimbursement, like I'm sure it would be fairly easy (and profitable) to do, Starbucks is trying to create options that customers can afford.
Lots of people are having to cut out habits like eating out, movies, and obviously, Starbucks. So keeping those regular customers while trying to bring in new ones is difficult.
Having to make room for whatever instant coffee we may sell, and having one more number to track with the promotion of our value breakfast options may be a pain.
But if it means I have a job, I think I can live with that.
February 17, 2009
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