Starbucks awards UK staff 4m worth of shares - 27 Jan 2011

Starbucks awards UK staff £4m worth of shares - Employee Benefits

Starbucks has given its UK staff shares worth around £4 million as
part of the relaunch of its employee share scheme, Bean Stock.

The payout follows a thank-you Christmas cash bonus to staff worth £1.5 million.

Bean Stock gives Starbucks employees a grant of shares in the
business. The programme is now a grant of restricted stock units (RSUs).
RSUs give Starbucks employees the right to receive shares of Starbucks
stock after a specified vesting period. With a shortened vesting period –
from four to three years – staff will receive value from their Bean
Stock awards sooner, with access to 50% of their shares after just 12
months.

The majority – 6,700 of 9,000 – of Starbucks staff qualify for

follow link above for entire story