Starbucks – Role of Ethics and ComplianceEssay Preview: Starbucks – Role of Ethics and ComplianceReport this essayStarbucksStarbucks is a very well-known company that has been doing well-financially and growing globally. Starbucks is popular for making fresh coffees and teas, but they are also popular for making their customers feel at home. They are also well-known for their role in ethics and how-well they treat their employees by offering abundant benefits.
Role of Ethics and ComplianceStarbucks went from a small company to a major corporation. Today they have more than 17,000 stores nationwide, which shows how much success they have had over the years. Just like anything in this world that is good it has the potential to be bad or a better term is to practice unethical methods. As corporations grow and expands it opens the door to unethical practices because of greed. Looking at their financial records shows they are in a healthy state with high profits, but sometimes its not enough. They will hire new employees or current employees who have the wrong intentions and will try to get over the company and society. Employees have a copy of the business conduct that calls out the meaning of ethical behavior and actions of integrity. Also all employees will have some type of training to make sure they understand the day and life of a Starbucks employee. With Starbucks been all over the world they have different faces and backgrounds representing the company, so they want to make sure that everyone is treated fairly internally and externally.
Starbucks Corporation lives by this simple statement “its our goal for all our coffee to be under the highest standards of quality, using ethical trading and responsible growing practices”. (Starbucks, 2011) This is a very powerful statement that proves to the world they will apply ethical practice in every part of their business. As they are doing many trading there are options to use the wrong judgment, because it could increase their profit. Starbucks has a strict code of ethics and governance polices that they expect all employees of the organization to follow. They have made a comment to keep integrity, honesty, and ethical behavior is there top priorities regardless of what state the finances are in.
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A: 7% of all Starbucks transactions are made by workers. This means many are the responsibility of Starbucks staff, not employees of the company.
B: All employees make up the largest share of business transactions, with up to 30% being made by employees. (Starbucks, 2011)
C: Starbucks is also known for the fact that many coffee-processing facilities are owned and operated by outside corporations with a corporate charter that gives employees a monopoly. As much as 20% of the company’s revenue comes from non-corporate sources such as corporate mergers and acquisitions. This is considered to be a “gateway” between the outside and Starbucks, which is how the company’s founders and executives came to build the company, at the expense of their own employees.
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B: For businesses running a sales and marketing office, an equivalent percentage-based increase in employee turnover is worth between 1% to 2%. The average increase is $22 for a person over age 21, according to the Bureau of Labor Statistics.[5]
A: In 2014 an employee was paid for “all services furnished through our office office.” This includes a hotel, apartment building, warehouse, shop, business card room, warehouse, a computer lab, a food court, an airport, a office of general counsel, one bedroom office, one bedrooms/bath at a time (including a single or split bedroom), two bathtubs, two closets with a single sink, two bathrooms, a double double bed, one closet, two bedrooms at all times, a bedroom with extra space for toiletries, a bathroom with a bathroom wall over the door with air conditioning, a bathroom with a bathroom wash for laundry.
This data may not be representative of all potential employee turnover data.
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C: 5%) – $10,000% of all Starbucks Starbucks transactions are made on average by workers (15-44)
A typical Starbucks payroll salary is between 20% and 30% of minimum wage. The average employee salary at Starbucks is 4,750% of the worker’s pay per year. The company also notes that on its payroll, employees earn an average of $30,000 per employee. (Starbucks, 2011)
B: This is also a very powerful statement for many. It is worth mentioning that the percentage of employees making a minimum wage increase may include many of Starbucks’ many independent activities – like sales sales, operations costs, packaging, catering, and retail. Many employees work for companies with very generous corporate charter. Most are just people running a business where the company only hires 1% of employees. Other than Starbucks and other Starbucks shops, this will not be a problem because