If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Marketwatch)   Wall Street analysts say that Starbucks' new education plan has Venti problems   (marketwatch.com) divider line 23
    More: Followup  
•       •       •

1101 clicks; posted to Business » on 17 Jun 2014 at 3:20 PM (13 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



23 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2014-06-17 02:46:24 PM
The unspoken problem: "This will set a precedent that other companies can't live up to without an impact on the bottom line!"

Here's the thing they're not noticing: I will be far more likely to choose Starbucks than I've been in the past. I suspect I'm not unique in this.
 
2014-06-17 03:25:38 PM

unlikely: The unspoken problem: "This will set a precedent that other companies can't live up to without an impact on the bottom line!"

Here's the thing they're not noticing: I will be far more likely to choose Starbucks than I've been in the past. I suspect I'm not unique in this.


Your name befits your statement.
 
2014-06-17 03:32:02 PM
Even for those who have a Bachelor's degree, it wouldn't hurt to have an Associate's degree in a separate & unrelated career field.  Diversify your skills, add to your resume, make you more qualified for a range of career fields, etc.
 
2014-06-17 03:36:17 PM
Its okay as long as they pick the correct fields.
 
2014-06-17 03:36:31 PM
So is this a philisophy/womens studies only program they are funding?

Because these grads already work there?

Starbuck can take a Venti cup of STFU
 
2014-06-17 03:49:41 PM
It's a laudable effort, I suppose, but I'm still in the camp that thinks companies with extra cash to throw around should put it directly into the pockets of their workers, rather than trying to influence their behavior by giving it to a third party, be it PNC or ASU.
 
2014-06-17 04:02:26 PM
Jay-Z has 79 more problems than that, and he's doing alright.
 
2014-06-17 04:04:57 PM
We really have to stop letting twenty-five year old Wall Street analysts tell us how to run our country. The same morons who will reward a company for spending an extra $100 million on their CEO would run that company's stock through the shredder for spending that same $100 million on all the other employees combined.  This has to stop.
 
2014-06-17 04:07:15 PM
I believe any amount of tuition re-imbursement above ~$5430 has to have income taxes paid on it.  That will limit how many people actually use it.
 
2014-06-17 04:16:16 PM
Doesn't Tigh do anything but complain all day?
 
2014-06-17 04:28:00 PM

IvyLady: We really have to stop letting twenty-five year old Wall Street analysts tell us how to run our country. The same morons who will reward a company for spending an extra $100 million on their CEO would run that company's stock through the shredder for spending that same $100 million on all the other employees combined.  This has to stop.


99.9% of analyst are just assholes talking to make themselves feel smart
 
2014-06-17 04:42:22 PM
It's not perfect, therefore, it shouldn't be attempted?
 
2014-06-17 05:52:19 PM

Wendy's Chili: It's a laudable effort, I suppose, but I'm still in the camp that thinks companies with extra cash to throw around should put it directly into the pockets of their workers, rather than trying to influence their behavior by giving it to a third party, be it PNC or ASU.


In general I agree, but it's less about influencing their existing employees and more about influencing the pool of people who would want to work there.

They presumably believe that the type of people who would value this type of benefit would be better employees than those who didn't, and would have much less turnover as well.
 
2014-06-17 05:55:45 PM

TheManMythLegend: I believe any amount of tuition re-imbursement above ~$5430 has to have income taxes paid on it.  That will limit how many people actually use it.


Why?  I'll never understand that mindset.

"I would never actually work to earn $1,000,000 if I could only keep 500,000 of it.  That's madness! I'd rather have nothing!"
 
2014-06-17 06:16:19 PM

Kanemano: IvyLady: We really have to stop letting twenty-five year old Wall Street analysts tell us how to run our country. The same morons who will reward a company for spending an extra $100 million on their CEO would run that company's stock through the shredder for spending that same $100 million on all the other employees combined.  This has to stop.

99.9% of analyst are just assholes talking to make themselves feel smart


Matches the ratio on Fark, then.
 
2014-06-17 06:19:59 PM

TheManMythLegend: I believe any amount of tuition re-imbursement above ~$5430 has to have income taxes paid on it.  That will limit how many people actually use it.


Unless they changed the rules in the past 2 years there is no limit on tuition reimbursement being tax free
 
2014-06-17 06:57:29 PM
Well shiat, we might as well just stop trying to educate people because it's never going to help anyone, ever.  Who wants to pay the wages that a college educated workforce would require?
 
2014-06-17 08:34:39 PM
So Starbucks is starting to figure out what Costco and Google have known - pay well for your workers and they'll reward you for it.

/But if that's the case, then those people who wrote economics textbooks would be right after all!
//The horror
 
2014-06-17 09:02:46 PM
When your business plan is to sell hot bean water to people, ensuring a continual supply of people with both the income and the flexibility to go and buy it is a good idea.


/You aren't mining dollars for christ's sake.  You're farming them.
 
2014-06-17 09:39:02 PM
In other news, Heaven no longer easier to get into than Arizona State
 
2014-06-17 09:54:09 PM
Hey Ma! I graduated Summa Latte Grande!
 
2014-06-17 11:20:13 PM
The article gives this vibe: "I don't like the idea of Starbucks giving free education to it's employees, it's simply more people getting degrees easily and competing with me in the labor marketplace. Now, let me try and find some reasons why this is a bad idea and write an article on that."

I'm pretty sure most universities will offer free online courses in the next few years.
The half-ass shiat MIT and other big universities are putting as online classes are just tentative steps to deter some small state university to put up a massive scale free online courses since they have to protect their cash cow.

Put in online lectures, automated homework question generation and checking (just changing the numbers or assigning different questions to different students in the pool and have computers check the answers), discussion boards, online midterm and finals and then some form of on-site testing to get the credit for the course. This will destroy huge portions of the cash cow of most departments - the required first year undergrad courses that is taught in massive lecture hall of hundreds of people and managed by an army of cheap TAs.
 
2014-06-18 02:12:26 AM

IvyLady: TheManMythLegend: I believe any amount of tuition re-imbursement above ~$5430 has to have income taxes paid on it.  That will limit how many people actually use it.

Why?  I'll never understand that mindset.

"I would never actually work to earn $1,000,000 if I could only keep 500,000 of it.  That's madness! I'd rather have nothing!"


I don't know if he's right, but I don't think that's the mindset in question. It's more like being unable to use the new car you just won because you are too poor to afford to pay the taxes on it. Which is less a mindset than a wealth set.

/I think $5250 max before it counts as a taxable fringe benefit, unless it's a course directly applicable to your job, but that may be wrong/out of date
 
Displayed 23 of 23 comments

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report