November 15, 2012

No Options for Starbucks Employees in India

Executive Director

Starbucks famously offers stock options to most of its employees, but its joint venture with India's Tata Teas will not offer stock options to its Indian employees, according to a report in India's Financial Chronicle. In the U.S., Starbucks employees, including part-timers, can participate in the "bean stock" program that provides stock options, as well as health and other benefits. Although options are commonly used in India, the Tata group does not offer its employees stock options, and options are not common in the quick service industry in India.