Starbucks has disclosed for the first time how much it pays its median employee: $12,754 a year-and 52 pounds of coffee, one for each week.
The figure, included in a Jan. 25 regulatory filing, represents the compensation for an unidentified part-time barista in California, counting salary and restricted stock. Chief Executive Officer Kevin Johnson, by comparison, received $13.4 million for 2018, including a $1.46 million salary, a bonus and equity awards.
The 2010 Dodd-Frank Act requires public companies like Starbucks to disclose the pay gap between rank-and-file workers and their CEOs, a measure intended to highlight income inequality in the US That