BNY refused to cut one office perk: Free Starbucks

Fortune

One office perk BNY didn’t rethink during market volatility from Trump's tariffs earlier this year? Free Starbucks, according to Chief Administrative Officer Alejandro Perez.

Transcript

00:00We're bringing amenities to our facilities, fitness centers, free, you'd be surprised in our

00:05headquarters, free Starbucks. It's probably the best money we spend. Free Starbucks? Free Starbucks.

00:10Okay. And I'm telling you, I'll give you a tidbit. Like during the volatility earlier in the year

00:15with tariffs, et cetera, we had to go back and revisit our budget. And the one thing we didn't

00:20talk about was Starbucks. We talked about consulting. We talked about many different

00:24things, but we didn't touch Starbucks because it's a place where people come, people are proud of,

00:29they talk, they convene. So things like that, like those amenities that experience really

00:35providing unreasonable hospitality to our employees is what we're really focused on.

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