Now Brewing – Savings and Retirement! #tobeapartner

 manager – savings

From the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection.  

As a manager, savings, you will be responsible for overseeing the administration and compliance of both U.S. 401(k) plans and Canadian RRSP programs. This role bridges cross-border benefits and requires expertise in retirement savings regulations, plan operations, and employee support in both the United States and Canada. 

As program manager, savings, your key responsibilities will be:

Plan AdministrationManage day-to-day operations of U.S. 401(k) and Canadian RRSP/DPSP plans, ensuring accuracy and compliance with applicable laws and regulations.Coordinate contributions, withdrawals, loans, and distributions according to plan rules.Partner with payroll and HR teams to ensure timely and accurate processing of employee and employer contributions.Compliance & ReportingEnsure adherence to ERISA, IRS, and Department of Labor requirements for U.S. 401(k) plans.Ensure compliance with CRA regulations for Canadian RRSP programs.Prepare and review annual filings (e.g., Form 5500, nondiscrimination testing, CRA reporting).Maintain plan documents, policies, and procedures.Coordinate regular Committee meetingsEmployee SupportServe as the primary contact for employees regarding plan eligibility, enrollment, investment options, and account management.Conduct employee education sessions and provide resources to promote retirement readiness.Respond to inquiries from employees, auditors, and external partners in a timely and professional manner.Vendor ManagementLiaise with plan providers, recordkeepers, trustees, and auditors in both the U.S. and Canada.Review vendor service levels and recommend improvements.Continuous ImprovementMonitor industry trends, legislation, and best practices in retirement benefits.Recommend plan enhancements to support organizational goals and improve employee experience.Ad Hoc WorkSupport projects as they ariseProvide backup support for other savings programs including emergency savings, Deferred compensation, student loan management, etc

We’d love to hear from people with:

Bachelor’s degree in Human Resources, Finance, Business Administration, or related field (or equivalent experience).5+ years of experience in retirement plan administration, with direct exposure to both U.S. 401(k) and Canadian RRSP programs.Strong knowledge of ERISA, IRS, DOL, and CRA rules and regulations.Experience with payroll integration and retirement plan recordkeeping systems.Excellent analytical, organizational, and problem-solving skills.Strong communication and interpersonal skills to support employee education and vendor relations.Professional certifications such as QKA, CEBS, or APA considered an asset.

As a Starbucks partner, you (and your family) will have access to medical, dental, vision, basic and supplemental life insurance, and other voluntary insurance benefits. Partners have access to short-term and long-term disability, paid parental leave, family expansion reimbursement, paid vacation from date of hire*, sick time (accrued at 1 hour for every 25 hours worked), eight paid holidays, and two personal days per year. Starbucks also offers eligible partners participation in a 401(k) retirement plan with employer match, a discounted company stock program (S.I.P.), Starbucks equity program (Bean Stock), incentivized emergency savings, and financial well-being tools.  Additionally, Starbucks offers 100% upfront tuition coverage for a first-time bachelor’s degree through Arizona State University’s online program via the Starbucks College Achievement Plan, student loan management resources, and access to other educational opportunities.  You will also have access to backup care and DACA reimbursement.   Starbucks will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act, and in accordance with its plans and policies. This list is subject to change depending on collective bargaining in locations where partners have a certified bargaining representative. For additional information regarding partner perks and more detailed information about benefits, go to starbucksbenefits.com.

*If you are working in CA, CO, IL, LA, ME, MA, NE, ND or RI, you will accrue vacation up to a maximum of 120 hours (190 in CA) for roles below director and 200 hours (316 in CA) for roles at director or above.  For roles in other states, you will be granted vacation time starting at 120 hours annually for roles below director and 200 hours annually for roles director and above.

 

The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, geographical location, and internal equity.  At Starbucks, it is not typical for an individual to be hired at the high end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers throughout our global communities. People of color, women, LGBTQIA+, veterans and persons with disabilities are encouraged to apply.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal state and local ordinances. Starbucks Corporation is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at applicantaccommodation@starbucks.com.