Starbucks Is Giving UK Workers Interest-Free Home Loans and Pay Raises
Staff must be employed at least one year to be eligible for loans.
While the Starbucks is aiming to improve baristas’ work schedules stateside, the coffee chain is raising wages and offering housing assistance to staff in the U.K. According to CNBC, workers who have been on staff for at least a year are eligible for interest-free home loans. The program is part of an effort to help workers find affordable housing amid a rising cost of living.
“The two greatest financial challenges Starbucks employees face are housing and education.”
The announcement comes at a time when U.K. chains like Pizza…