Starbucks said it will tie executive pay to the success of its initiatives to increase diversity throughout the company.
The company has said it is aiming to increase the percentage of Black, Indigenous, and People of Color (BIPOC) to 30% at the corporate level by 2025. Within retail and manufacturing, it is aiming for 40% BIPOC representation. Currently, BIPOC employees are about 18.5% of executives at the level of senior vice president or higher. READ MORE