Latest news with #raise
Yahoo
15 hours ago
- Business
- Yahoo
Starbucks' Salaried Workers Will Get 2% Raises This Year
(Bloomberg) -- Starbucks Corp. will give all salaried employees in North America a 2% raise this year, a shift from previous increases that were decided at managers' discretion. A Photographer's Pipe Dream: Capturing New York's Vast Water System A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome Festivals and Parades Are Canceled Amid US Immigration Anxiety Princeton Plans New Budget Cuts as Pressure From Trump Builds Chicago Schools Seeks $1 Billion of Short-Term Debt as Cash Gone It's part of a turnaround effort that includes better service, shorter wait times and more inviting stores. The company has asked executives to keep costs under control to help pay for these upgrades. Customers say they 'can see and feel the differences these investments are making,' according to a Starbucks spokesperson. 'As we make these significant investments, we need to carefully manage all our other costs.' That involves 'taking a consistent approach to merit increases across all teams' for the fiscal year that ends in late September, according to Starbucks. The 2% raise applies to all corporate staff, as well as to workers in manufacturing and distribution. It also includes retail leadership such as store managers who, unlike baristas, are salaried. Starbucks is working to reverse six quarters of same-store sales declines. In addition to making cafes more welcoming, Chief Executive Officer Brian Niccol has begun work to refresh the menu, add more staff to stores and roll out technology to streamline orders. Niccol has so far implemented a raft of workforce changes, from tightening the dress code for baristas to laying off 1,100 corporate workers and requiring some to relocate to Seattle. Starbucks has also granted some executives stock grants with a $6 million target value each, which are payable if they keep a lid on costs while delivering on the turnaround as quickly as possible. Starbucks is expected to post a slight increase in comparable-store sales, which measures performance at locations open at least 13 months, in its current quarter, according to the average estimate of analysts polled by Bloomberg. In Starbucks' previous fiscal year, corporate workers only received 60% of their bonuses due to the company's poor financial performance. Foreigners Are Buying US Homes Again While Americans Get Sidelined What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates Living With 12 Strangers to Ease a Housing Crunch Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan ©2025 Bloomberg L.P. Sign in to access your portfolio
Bloomberg
15 hours ago
- Business
- Bloomberg
Starbucks' Salaried Workers Will Get 2% Raises This Year
Starbucks Corp. will give all salaried employees in North America a 2% raise this year, a shift from previous increases that were decided by managers' discretion. It's part of a turnaround effort that includes better service, shorter wait times and more inviting stores. The company has asked executives to keep costs under control to help pay for these upgrades.
Yahoo
2 days ago
- General
- Yahoo
4 things that emasculate men that really shouldn't
Confidence is calm and secure, not loud and defensive. I grew up in a military culture that taught me important lessons about character and discipline. It also instilled a lot of toxic ideas about masculinity, and what being a man is and isn't. My upbringing isn't all that different from that of many other men. We tend to cling to a number of bad preconceptions that hurt our happiness and relationships. Here are four. The threat of a high earning partner One of my good friends recently said, 'My wife can't make more money than me!' She'd recently gotten a huge raise and went from making $10K less than him to making $20K more. I gave him a hard time about it, 'Weren't you just complaining about your marital finances? Isn't this raise a good thing?' And as much as I'd like to sit here and say it would never bother me if my partner made more money, I don't know for certain that I'm totally immune. A big driver in the failure of my previous marriage was a differential gap in our earnings, with her making more money than me. It became a bone of contention (there is quite a bit of internalized sexism — even in women). To be clear — this is largely a problem we guys have. We should be happy when our partner makes great money. But we still live in a society that pressures men to be providers and shames stay-at-home dads. I may soon be tested. I've been fortunate and done well. But my partner is interviewing for a job that is going to double her salary. I'm super excited for her. It's a great opportunity and she's a very different partner than the prior one. We are already making jokes about her rent going up. Side note: find someone you can laugh with. Shared laughter is powerfully correlated to happier relationships and better sex lives. You are threatened by feminists and 'white knights' There's an old satire article with the title, 'Male feminist wonders how many more women's meetings he needs to attend before getting laid.' It's a funny poke at men who go around bragging about being male feminists. Yet for every proud male feminist, there are 10 dudes who get triggered by the mere mention of the word feminist. We tend to characterize people from opposing ideologies through cherry-picking. We pick one extreme version of that ideology and apply it to the masses. Which is how the term feminist has become such a weaponized word. It's proven that if a woman identifies as a feminist, perceptions of her competence go up and friendliness goes down. There's a nagging stigma that she can't be good at her job and also a nice person. At the most basic level, feminism is about establishing equal rights and opportunities for women — not equal outcomes. So take a chill pill dudes. They aren't trying to steal your mojo. Good, giving, and game I won't get too graphic here but many years ago, I asked my then-girlfriend if we could try something in the bedroom — and got made fun of for weeks afterward. We did have a playful relationship but I suddenly felt afraid to make any new requests in the bedroom. I was afraid of being made to feel like a pervert. And it's stupid because, in hindsight, my request really wasn't even that extreme. Nobody should feel shame for expressing sexual interests while in a loving consensual relationship. Shouting, 'Yuck! That's gross!' will just stifle communication and leave you feeling dissatisfied with each other. I've found that women generally appreciate it when you emphasize your desire to be open and candid with them about everything. When you place that honesty as your leading driver for suggesting things, they'll want to protect that honesty and be more game to try stuff — or say no in a kind way. Hell, women generally have a few kinks in their back pocket they'll want to suggest too. Reciprocity is everything. One of my favorite relationship tips of all time is from sex columnist Dan Savage. He says that in the bedroom partners should aspire to be 'Good, giving, and game.' Calm down, yes, there are gay people I live in Florida and, while I do think it's a highly underappreciated state, there are still lingering social issues. It still isn't safe to be gay in many parts of this state. There's a lot of angry dudes who somehow get triggered by the sight of two men holding hands. And look, I grew up in the 80s and 90s. The word gay was thrown around as a ubiquitous put-down term when someone was being annoying, stupid — or literally any bad thing. As kids, we even played this popular ballgame called 'Smear The Queer'. You threw a football up in the air and whichever boy caught it, we all tackled. I still don't understand how anyone 'won' the game. We really didn't understand the meaning of the term at that time. It was all based in innocent fun. One time, our neighbor's dad came out to play with us. He said, 'Wait, what did you say the name was again?' I said, 'Smear the queer!' He said, 'I'm not sure how I feel about that name.' My friend said, 'Can we call it smear the clown!?' And that became the going name. But it's surprising this game (which was fairly ubiquitous in the US), lasted for so long with such a name. It's a small example of the lingering effects of homophobia. So yes, my dudes, there are gay people. They don't bite or try to spontaneously have sex with you. And if their mere presence makes you shift in your seat, it might be time for therapy — or a boyfriend. Reminder: Four things that emasculate men that really shouldn't Your partner making more money (or being a stay-at-home dad). Feminists wanting to have the same things. Making requests in the bedroom. If you get made fun of, that's them being insensitive, not you. Being around gay people. Embrace these things. You'll be a better man for it. Confidence is calm and secure, not loud and defensive. Solve the daily Crossword
Yahoo
4 days ago
- Business
- Yahoo
2026 Bulls free agent expecting massive raise
2026 Bulls free agent expecting massive raise originally appeared on The Sporting News The Chicago Bulls' best player could hit free agency next summer. And when he does, much like Josh Giddey this summer, he'll be expecting a raise. MORE NEWS:Bulls given surprise grade for under-the-radar summer move Veteran Chicago guard Coby White has been the team's not-so-secret weapon for the past two seasons, having thrived whenever Zach LaVine was hurt or, eventually, traded. He is technically eligible for a veteran contract extension until the start of the 2026-27 next summer, but because he could earn an exorbitant pay upgrade beyond what the Bulls could give him in an extension, free agency makes the most sense. Thanks to the new CBA, which took effect in 2024, players can ink veteran contract extensions with starting salaries worth up to 140 percent of the last year of their current deals. White, however, outperformed his current contract almost instantly. NBC Sports' Kurt Helin, for one, expects White to avoid inking a veteran extension and hitting free agency. A 140 percent raise on White's $12,888,889 expiring salary for this season is just $18 million a year — a fair rate, sure, but probably less than White can fetch on the open market, as a durable score-first, downhill guard who doesn't over-dribble, can play either on or off the ball, and seems to have a fringe All-Star ceiling if put in the right situation. In 74 healthy games last year for the 39-43 Bulls, the 6-foot-5 Duke product averaged a career-most 20.4 points on borderline-elite .453/.370/.902 shooting splits, 4.5 assists, 3.7 rebounds and 0.9 steals a night. Helin reveals that White is angling for a deal that would be dwarf his current contract. "White signed a three-year, $36 million contract coming off shoulder surgery, a deal he has completely outplayed," Helin writes. "He is expecting to get paid next summer, reportedly he is looking for something in the $30+ million a year range, and even if the final number falls short of that, expect a significant pay increase for the young guard." Chicago is currently in the midst of tense negotiations with restricted free agent starting point guard Josh Giddey. The Bulls reportedly tendered him a four-year, $80 million deal, while Giddey and his representatives are angling to earn something more in the vicinity of $30 million yearly. Helin believes that, especially if Giddey talks go south, the Bulls could be very interested in locking White in to a long-term deal. And even if Chicago cheaps out, White should earn plenty of interest elsewhere. "The Bulls might try to lock him up, depending on what happens with restricted free agent Josh Giddey, but one way or another, White is going to get paid," Helin writes. MORE NEWS:Stunning amount of Bulls fans 'satisfied' with team's terrible recent play
CBS News
12-08-2025
- Sport
- CBS News
Steelers' Cam Heyward is open to sitting out regular-season games in search of a raise
Cam Heyward wants a raise. And the longtime Pittsburgh Steelers defensive tackle is open to sitting out regular-season games to get one. Heyward told reporters Monday that he approached the club about a reworked deal in February after being selected to the All-Pro team for the fourth time in his 14-year career. There has been no movement on that front nearly three weeks into training camp. "Honestly looking to be valued," Heyward said. "I know what I bring to this team and what I'm capable of on and off the field, so it's hard for me after the year I've had to really justify playing at the number I'm playing at." Now 36, Heyward is a seven-time Pro Bowl selection and had been "holding in" during camp, participating in some individual workouts but skipping some fully-padded 11-on-11 snaps. He stood on the sideline in street clothes on Monday as the Steelers began the final workouts of their annual three-week visit to Saint Vincent College. Heyward said the team asked him to take a pay cut last summer. They ironed out a reworked deal instead that runs through 2026. He responded by bouncing back from an injury-marred 2023 to finish with eight sacks, 71 tackles and 11 passes defensed as the Steelers went 10-7 and reached the playoffs for the fourth time in five years. "When I look at the market and I look at what I've done, it's hard to really wrap my head around playing a number where I'm not even half of what the rest of the market is," Heyward said. "I can't say I'm not disappointed with where we're at. I think it's pretty simple of how it could be handled. ... I just wish I could just be out there not having to worry about this." Neither Pittsburgh coach Mike Tomlin nor defensive coordinator Teryl Austin are bothered by Heyward's position or his lack of participation at this time of year. "Cam's been doing this a long time," Tomlin said. "I don't work Cam a lot in these scenarios (during camp)." The Steelers do have a little bit of wiggle room under the salary cap, but have also doled out hefty contracts to star outside linebacker TJ Watt, wide receiver DK Metcalf and recently acquired defensive back Jalen Ramsey. Heyward, the 2023 Walter Payton Man of the Year, has long stated he wants to be a "one helmet guy," meaning he would prefer to spend his entire career in Pittsburgh. While that's hardly in danger at this point, his aggressive stance has thrown a wrinkle into a relatively quiet camp. ___ AP NFL:
