401k Information

Starbucks 401K – Successful Incentive and Smart Move for Team Building

Starbucks is a coffee shop, well, actually it is a chain of coffee shops well over 10,000 stores strong in the US alone and serving coffee now in over 30 countries. How did Starbucks become so successful, especially selling coffee drinks at nearly $4.00 per pop? Ask any employee of a Starbucks if it is a good place to work and they will tell you with a smile, Yes But what makes Starbucks such a great place to work and why does it constantly rate in the top best 50 companies to work for in the major business magazines?

The answer to the question is not just one thing, but there is one thing that is always mentioned. That is that it offers a 401k Program to all full-time employees, and it offers health insurance to all its employees. Additionally, the company is dedicated to legendary service to all customers, but it puts its employees first. If someone had constantly put the maximum in their 401K program at Starbucks and had worked there for 20-years, then they would most likely be a district manager now, with a huge amount of money in their 401K.

By offering both a 401K program and health insurance to their employees, Starbucks has been able to attract top talent to work there and it shows in their legendary service. Part of their successful growth can be attributed to having the best employees and being one of the top 50 best places to work in America. If you are looking for a fun job, with a 401K and health benefits, you should definitely check out Starbucks.