Starbucks Baristas: The daily grind
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Savings account (self.starbucksbaristas)
submitted by shabalaba01
For those who have their pay schedule set to be changed to weekly rather than bi weekly, how does that affect contributions set to the new savings program? I think i enrolled to put out $100 from each pay check (when it was biweekly), but now that it’s weekly I obviously don’t want to take 100 out every single week. I can’t find any way to edit my contribution for the account or find any info about it on fidelity. Does anyone know about it?
desperatenuff 17 points 7m ago
you guys have a savings account??
mommymary 13 points 7m ago
yeah it got announced in the Sept 12-18th weekly update. Here’s what it said:
My Starbucks Savings - Eligible partners can now choose to save from their paycheck to a personal Fidelity® account. As you contribute and build savings, Starbucks will also contribute milestones, helping you to grow your savings faster. If an incentive eligible partner signs up to contribute at least $5 per paycheck, they will receive $50 to their account after the end of the month, and can earn up to $25 per quarter for their continued participation (for a maximum of 6 quarters). When they attain a balance of $400 at the end of a month, a $50 additional incentive will be deposited to their account. (Incentive eligible partners include those below the director level, 18 years old or more, with at least 90 days of employment at Starbucks).
My Starbucks Savings - Eligible partners can now choose to save from their paycheck to a personal Fidelity® account. As you contribute and build savings, Starbucks will also contribute milestones, helping you to grow your savings faster. If an incentive eligible partner signs up to contribute at least $5 per paycheck, they will receive $50 to their account after the end of the month, and can earn up to $25 per quarter for their continued participation (for a maximum of 6 quarters). When they attain a balance of $400 at the end of a month, a $50 additional incentive will be deposited to their account. (Incentive eligible partners include those below the director level, 18 years old or more, with at least 90 days of employment at Starbucks).
desperatenuff 1 points 7m ago
that’s so cool woah
darkwolf523 0 points 7m ago
Nah I carry my money in cash to flex
Affectionate_Fart 9 points 7m ago
I think you have to do into the fidelity money page and look at contributions. I recently upped from $5 to $25 through fidelity.
vegan-trash 5 points 7m ago
Wait, are you saying we can change our paycheck to weekly instead of bi weekly?
bevoftw 4 points 7m ago
its only for select states right now.
Feisty_Fact3721 4 points 7m ago
what states can do this?
dnims24 1 points 7m ago
Wait you can set your pay for weekly? How do I do that? 😂
darkwolf523 2 points 7m ago
Certain states
dnims24 1 points 7m ago
I live in California where it’s offered but not sure how to activate it
Ann-Drogyny 1 points 7m ago
How do we change to weekly?
Hardy-Har-Har89 4 points 7m ago
Unless you live in a state selected for weekly pay, you cannot, nor will it be changed until further notice.
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