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BUILDING A UNIQUE TOTAL REWARDS AND HR SYSTEM FOR A UNIQUE COMPANY AT: SUBMITTED BY: PRIYANKA SINGH-10202050 DEVIKA DEBI-10202254 JAGRITI BHAGAT -10202049 SHREY SAURABH-10202047 VISHAL SINGH-10202028 NITISH SINGH-10202054 SHIVESH CHANDRA-10202037 M.C.REDDY-10202253

Starbucks Hrm - Copy

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BUILDING A UNIQUE TOTAL REWARDS AND

HR SYSTEM FOR A UNIQUE COMPANY AT:

SUBMITTED BY:

�PRIYANKA SINGH-10202050

�DEVIKA DEBI-10202254

�JAGRITI BHAGAT-10202049

�SHREY SAURABH-10202047

�VISHAL SINGH-10202028

�NITISH SINGH-10202054

SHIVESH CHANDRA-10202037�M.C.REDDY-10202253

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 STARBUCKS CORP:

�March 30, 1971 ² original Starbucks is opened in Seattle,

Washington.(Gordon Bowker,Jerry Baldwin and zev seigl)

The turning point in 1981-Howard schultz became interestedin starbucks.

�April 1986 - Schultz left SB and started the Giornale coffee

bar chain.

�1987 - Baldwin, Siegal, and Bowker sell Starbucks to Schultz.

�The logo is also inspired by the sea featuring a twin-tailed

siren from Greek mythology.

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CTDu

�By 1990s starbucks had 110 stores.

�Starbucks is known all over the world for its unique

brands.

�The company sells a line of premium products viz-tea,coffee,

cookies etc.

First international outlet in 1996, Tokyo.

�To inspire and nurture the human spirit one person, one cup, and

one neighborhood at a time

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 STARBUCKS TODAY-

*Total stores 16,706 (as of Dec. 27, 2009)

*8,850 Company-operated stores.

*7,856 Licensed stores.

*Operating in more than 50 countries

*Revenue of $9.8B

*More than 25 million cups served per week in the U.S.

*Starbucks Corporations common stock is listed on NASDAQ,under thetrading symbol SBUX.

*Argentina, Aruba , Australia, Austria, Bahamas, Bahrain, Belgium,

Brazil,Bulgaria, Canada, Chile, China etc

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�Starbucks realised early that motivated and committed

workforce was a key success to retail business.

�Starbucks experienceµ differentiated them from

the competitors.

�It was important to have ´right people hiring the

right people.

�Competencies sought for were, adaptability,

dependability and team work.

HRM POLICIES

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A LOOK AT TOTAL PAY 

�BONUSES: Rewards achievement of specific business goals (for eligible jobs)

�BENEFITS: Includes health, dental and vision insurance, EAP,

reimbursement accounts, short and long term disability and working

solutions.

�STOCK: SIP, Bean stock programmes

�MISSION REVIEW

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As Starbucks grows larger, how can it maintain

a small company feel ?

�Boost team spirit.

�Make rewards meaningful.

�Recognition from the top means the most.

�Dont forget suppliers and clients.

�Respect your front line.

�Remember the spouse.

�Recognize them with fanfare.

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How Do Programs Such As Bean Stock, Which

Have Been Extremely Successful, Maintain Their

Vibrancy And Stay Aligned With The Changes InThe Business And The Needs Of The Employees?

� Savings plan

� Perks for partners

� Starbucks commuter benefit programme

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