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Starbucks Baristas: The daily grind

Full History - 2019 - 11 - 22 - ID#e04oz1
3
50% of Stock taken in taxes? (self.starbucksbaristas)
submitted by Wynend
I wanted to check with some other partners on this. For those of us that got stock, did anyone notice over 50% of the shares that were supposed to vest were withheld? I was supposed to get 13 shares from the last 2 years and only 6 actually hit my account. Called Fidelity and they said Starbucks withheld the shares to cover taxes. Cool, I expected to get 10-11 of the 13 shares, but taking 50% for taxes? WTFrak? Every year my family uses the money from stock for Christmas and paying another bill or two. It makes the season a lot less stressful. Talked to Starbucks and am supposed to get a call from a specialist on the topic.

Health insurance has risen so much I've gone from a Gold to Silver plan so I can afford it. And now Stock getting cut by 50%? These are the benefits that have made me overlook opportunities of some higher hourly jobs. I don't hate Starbucks, but I don't love it either. My DM is interviewing for ASMs in January. If I don't make the cut, this 142xxxx will be clocking out for good.
mango_drango 2 points 3y ago
Bonus’s are taxed higher than normal income.
VectoredClarinet 1 points 3y ago
Right? Now the next question to ask is how much Starbucks as a company paid in taxes last year...
estebellum 1 points 3y ago
Capital gains tax
[deleted] 1 points 3y ago
[deleted]
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