Consider the bold move of starbuckrsquos ceo howard schultz


Consider the bold move of Starbuck’s CEO, Howard Schultz, to ask the Board of Directors to reduce his own base pay from $1.2 million to $1, and for the company to put the corporate jet up for sale. Additionally, consider the elimination of Starbucks’ 401(k) employer contribution for employee retirement plans. Explain the relationship between Human Resource Management and the broader economic environment?

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