Just a day after Starbucks Corp. unveiled a plan to raise wages in the U.S., the company said it has raised prices on many of its drinks.

Prices on select sizes of Starbucks SBUX, -2.07% brewed coffee have gone up by 10 to 20 cents starting Tuesday, and the price tags on espresso and tea latte drinks are up by 10 to 30 cents, according to a brief statement on the company website. The company expects the increases to raise the average customer ticket by about 1%, it said.

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The company said 65% of beverage prices haven't changed.

“Pricing is continually evaluated on a product-by-product and market-by-market basis in our stores in order to balance business needs while continuing to provide value to our loyal customers,” Starbucks said in a statement posted on its website.

The New York Post had reported last week that Starbucks might raise beverage prices by as much as 30 cents soon, pointing out that the company had done so in July of each of the past two years.

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On Monday, Starbucks said it would raise wages for all partners and store managers in the U.S. by at least 5% in October. The company said in a regulatory filing that it employed 157,000 people in the U.S. as of the end of September 2015.

In a letter posted on the company’s website, Chief Executive Howard Schultz said the tragic events of last week had made him reflect on fraying trust in America.

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The company is increasing its bean stock program, a stock-award program available to employees who reach two years of continuous service with the company. The two changes will result in overall compensation increases of between 5% and 15%.

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Starbucks is also expanding its health-care options for employees and relaxing its dress code to provide more scope for “self-expression.”

The stock gained 1.2% in morning trade Tuesday after the price increases were announced. On Monday, it had slipped 0.3% in the wake of the wage-increase announcement.

J.P. Morgan Chase & Co. Chief Executive Jamie Dimon said Tuesday that his bank is also raising pay for 18,000 U.S. employees in October. In a New York Times op-ed, Dimon argued that the wealth and skills gap must be tackled by government, business and nonprofits in response to a “national tragedy” of preventing many Americans from achieving prosperity.

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