In addition to raising starting wages for store workers, Costco has started offering paid parental leave for hourly employees, said its CFO
Costco Wholesale Corp. said it has raised starting wages for store workers to $15 an hour, as a tight U.S. labor market continues to drive fierce competition for hourly staffers.
Executives at the Issaquah, Wash.,-based retailer, which has around 245,000 workers, said Thursday the company raised its minimum hourly wage for U.S. and Canadian staff from $14 this week. It is the second such increase in less than a year at the company, which raised its hourly minimum from $13 last June.
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