Starbucks Baristas: The daily grind
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bean stock? (self.starbucksbaristas)
submitted by HearingEquivalent887
I feel like all of the text online about bean stock is super confusing, can anyone help explain the process a bit? I understand that the stocks have to best for two years, but how do they decide how many stocks we get? How much a year does it average? And can anyone share their experiences?
JeromeBaritone 1 points 1y ago
We don’t have the amount for this years grants yet, but when you get a grant it vests over the course of two years; 2/3rds the first year and 1/3rd the 2nd. So all your money you get granted this year is available to you in 2023 November. The grant is usually ~$800 in shares, so employed for 3 years, you get ~$800 in stocks every November (plus market change over the vesting schedule).
Best thing you can do is sit on the shares for dividends, or sell it for purchases you need now (don’t be in debt, leverage this to pay off credit cards etc instead of waiting for it to be valuable).
Best thing you can do is sit on the shares for dividends, or sell it for purchases you need now (don’t be in debt, leverage this to pay off credit cards etc instead of waiting for it to be valuable).
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