CNBC Television Starbucks union vote may cause other companies to rethink: Wharton’s Cappelli

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Wharton School’s Peter Cappelli and Nick Setyan, Wedbush Securities senior equity analyst, joins ’Squawk Box’ to discuss how the Starbucks union vote could impact other companies. Sign up and learn more about the CNBC Investing Club with Jim Cramer After a monthslong battle, Starbucks workers in Buffalo, New York, supported efforts to unionize at least one cafe. The result marks the first successful attempt in the U.S. at unionizing within the giant coffee chain since Starbucks went public nearly three decades ago and could send ripples through the restaurant industry. Workers at the Elmwood Avenue location voted 19 to eight in favor of unionizing under Workers United New York, a branch of the Service Employees International Union. “This win is the first step in changing what it means to be a partner at Starbucks, and what it means to work in the service industry more broadly,” Michelle Eisen, a Starbucks barista who has worked at the Elmwood location for 11 years, said in a statement. “With a union, we now have the ability to negotiate a contract that holds Starbucks accountable to be the company we know it can be, and gives us a real voice in our workplace.” A second cafe, the Camp Road outlet, voted against a union, with eight workers in favor and 12 opposing. One ballot was declared void, while two were challenged by Starbucks or the union. The union also claimed that several submitted ballots were missing. The National Labor Relations Board had not released the vote tally for a third cafe on Thursday. Results from the third cafe on Genesee Street were delayed because of challenged ballots. Fifteen workers voted to unionize, with nine against. Seven ballots are facing challenges, the majority of which came from the union over the eligibility of those voters. “Today we saw a split vote in two stores in Buffalo with a third vote outcome pending,” Starbucks spokesman Reggie Borges told CNBC. “Every partner matters. It’s how we built the company. And how we will continue to run the company. We will continue to focus on the best Starbucks experience we can deliver for every partner and our customers.” Shares of the company fell less than 1% in afternoon trading on the news. A rare restaurant union MKM Partners analyst Brett Levy wrote in a note to clients Thursday that he doesn’t think the unionizing move will have an immediate impact on Starbucks’ strategy or financial results. However, Levy said a more widespread push toward unionization could lead to additional pay hikes for workers at the chain. Levy added that Starbucks would be better positioned to absorb higher costs than its industry peers if the trend were to spread. Unions are rare in the restaurant industry. Only 1.2% of workers at food and drinking outlets were members of unions last year, which is well below the private-sector unionization rate of 6.3%, according to the Bureau of Labor Statistics. But a tight labor market has been encouraging increased efforts to organize. This year has seen union drives by Amazon workers and strikes by John Deere’s and Kellogg’s employees. But those efforts have not always yielded victories for labor unions. Sen. Bernie Sanders, I-Vt., congratulated Starbucks Workers United for its victory on Twitter and wrote that cafe chain should stop “pouring money into the fight against the union and negotiate a fair contract now.” After the vote count, the ballots will need to certified by the NLRB’s regional director, which could take up to a week. For the Genesee Street’s results, the regional director will have to examine any objections or challenges, which may require a hearing to resolve. The union may also object to the results for the Camp Road cafe, citing missing ballots from the count. » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30:   Connect with CNBC N