I thought this was interesting: Starbucks is now ranked 73rd on the Fortune Magazine list of the best 100 companies to work for. Here’s the article: Top 100 Companies to Work For 2012. It seems as though Starbucks has bounced around quite a bit on the list, and was ranked in the 90s in very recent years past, such as 2011 and 2010. I found the Top 100 Companies to Work For list from 2000, and Starbucks was #88 back then.
Just thought I would pass along this little piece of news for those who are interested! I’m glad to see the number improving for Starbucks. The success of Starbucks depends on the partner experience just as much as anything else. I wonder what’s causing the improving trend? (Or is that a significant jump from about 93 to 73?)
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My company is just one lower 🙂
Hi Amazonv! Long time no see. I knew you’d taken a great job opportunity (and they’re looking to have you) – except I’m a skeptical of the location. Too warm. 😉
When I started in 2007, 5 years next week, the company was at #2 from the year before. The economic bottom of the late 2008’s took a toll on the rating as the company downsized to the new reality. Partners fears of their store closing affected the internal moral more than some would have thought. You could also tell that from my start date when stock was $32 to the bottom when it hit $8. The last five years have been hard to cope with as many know but the Friday stock amount shows that folks are still visiting stores because for some it’s the only “luxury” they can still afford. I’m hoping that if it hits $50 the company will do a split and we all gain some more. I might add, although a bit off topic, all the top 100 companies on the list have protections against sexual identity discrimination, Starbucks included. 2012 is starting to promise a better tomorrow.
Its impressive considering how many partners there are! Only a handful of those companies have over 100,000 employees. I feel like more and more partners in the past year are starting to feel really great about our brand!
@Skooter and Cam – Starbucks is lucky to have partners like you two who have stuck it out through quite a transformation. Given the very large volume of ideas on MyStarbucksIdea.com that are all asking for discounts, I think many people are still feeling the pinch of the Great Recession. Granted, it’s human nature to want a discount and MSI amplifies that. (Nobody walks around saying, “I hope I pay full retail price for my every purchase.”). In any case, given the stock going up, and the amount of business and profitability on the upward slope, it looks like Starbucks is back in full swing. And Cam, you’re right that considering its size, it’s amazing that Starbucks can even make the list. So hard to make a great work environment for 180,000 people!! Thank you two for weighing in!
The company is moving back up the list, up 25 spots from 2011. After reducing a large number of employee benefits during the company’s downturn, they are actually slowly adding back benefits back to partners, so this move up the charts doesn’t surprise me. Hopefully, as the company continues to get financially healthy, they will keep sharing that health with their #1 asset: partners.