Starbucks will provide an insurance plan to help thousands of its employees in China care for their aging parents, Howard Schultz ,Starbucks executive chairman made the announcement during his China visit this week, he said the decision was made after the company discovered the Chinese have unique and powerful family responsibilities to their parents.
According to the company, full-time employees on the Chinese mainland with parents under the age of 75 years can apply for the China Parent Care Program, which covers medical treatment for 30 common critical illnesses among the elderly in China. More than 10,000 parents are expected to benefit, it said.
