living wage

This note last modified September 1, 2024

If Starbucks paid every employee an extra $12,000 a year, it would be catastrophic, right? At the least, it would cause prices to skyrocket and a massive reorganization, right?

No, it would change starbucks profits from $24.567 billion a year to $20 billion a year.

  • Starbucks gross profit 2023
  • Starbucks number of employees 2023 (381,000 employees)

Backlinks

  • economics
    • living wage
logo