Starbucks has reached 100 per cent pay equity for partners of all genders and races undertaking similar work across the US, the company has announced.
“Roughly 10 years ago we began serious work to ensure women and men – of all ethnicities and races – are compensated fairly at Starbucks,” said Lucy Helm, chief partner officer at Starbucks. “This accomplishment is the result of years of work and commitment.”
Helm said the company will now work “with speed” toward closing the gender pay gap for all partners in company-operated markets worldwide.
In the US, women are paid an average of 80 cents on the dollar compared to men. The gender pay gap is even greater in retail, where women make an average of 70 cents on the dollar compared to men, said Helm.
It could take until 2119 for the US to close the gender pay gap, and even longer worldwide, according to the American Association of University Women.
Hoping to speed things up, Starbucks is publicly sharing the principles and tools the company used to reach this goal in the US in the hope that other employers will join in working toward pay equity.