The coffee giant said "Effective January 1, eligible U.S. retail hourly partners will see an incremental pay increase come to life, with at least a 3% increase and differentiated pay for eligible tenured partners."
Starbucks adds that eligible employees with 2-5 years of service will see at least a 4% raise, while those with five or more years will get at least 5%. A spokesperson for Starbucks told FOX Business that there will be no menu price increases to offset the wage increases.