Starbucks is brewing up some new perks for employees.
Earlier this week the world’s largest coffee shop announced a program to help its baristas earn an online college degree. The company is partnering with Arizona State University to make the program available to 135,000 U.S. employees who work at least 20 hours a week.
They will be able to choose from a number of different programs and won’t be required to stay at Starbucks post-graduation. For their first two years students would pay a greatly reduced tuition thanks to the Starbucks scholarship, ASU and financial aid. For their junior and senior years Starbucks will reimburse any money that employees pay out of pocket. That means employees who have already finished two years of college will be able to finish school at no extra cost.
The Seattle based company isn’t saying how much this program will cost. It says the purpose is to address high school and college dropout rates and help young adults get a higher education. Guess you don’t need 40 hours a week to score benefits.