. If enacted, the federal minimum wage will slowly creep up year over year but won’t actually hit that $15 per hour threshold until June 2025. By 2025, Costco will be probably be giving everyone $25 per hour starting pay!
I love how Costco is out here embarassing Republicans and shaming them into raising the minimum wage.Currently the federal minimum wage is set at $7.25 an hour and hasn’t changed since 2009, which is insane. If you live in a state with a high cost of living, the $7.25 an hour rate might come as a shock as many states and counties have significantly higher minimum wages than that. For example:Costco’s CEO says they don’t want the praise, that $16 isn’t “altruism,” it’s the reasonable thing to do.
“I want to note this isn’t altruism,” Jelinek said. “At Costco we know that paying employees good wages…makes sense for our business and constitutes a significant competitive advantage for us. It helps us in the long run by minimizing turnover and maximizing employee productivity.”DON'T tell me large corporations CAN'T afford to pay workers a righteous minimum wage.
Where else can you find properly compensated employees, free samples, a hot dog and a soda for $1.50, and a gallon of Nutella? Costco. That’s where.
First off, it's starting pay, not minimum wage. 2nd, they can afford it. Small businesses cannot.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Costco to Raise Minimum Hourly Wage to $16, as Congress Debates $15Costco will pay its U.S. workers at least $16 an hour starting next week, the company’s chief executive told Congress as lawmakers debate raising the federal minimum to $15 an hour When does that monthly fee increase tho? Yes! One more reason our family will continue to shop Costco Working for money is working to your own demise. Money is the hardest of drugs, you always need more, it rapidly makes of all of us prostitutes, criminals and zombies. Yes workers are racists and sexists but blame the labor market where you have to compete by all means.
Source: WSJ - 🏆 98. / 63 Read more »
Costco to raise hourly pay to $16 as minimum wage fight brews in CongressThe issue has gained popularity in recent months as grocery store workers, restaurant staff and other frontline employees continue to bear an outsized share of the pandemic's hardships. Want to start making up to $106 everyday using your cellphone or PC, send a direct message asap. Hello!😊 Allow me to help you with that book you've been looking for Or in need of(Whether international or local). It's simple Just DM/Whtsp me with name the of the book. Whtsp:0845357348 N.B:ALL books are R50 each (Exc textbooks) WE SEND THE BOOKS FIRST, THEN YOU PAY AFTER. So you’re saying a big box retailer that already would be able to sustain the hit of rising labor costs is getting out in front to get good PR, while the small businesses this affects most suffer even more. Got it.
Source: NBCNews - 🏆 10. / 86 Read more »
‘I will continue happily shopping there forever’: Costco customers react to retailer’s new $16 minimum wageSome 180,000 U.S.-based Costco employees will begin earning $16 an hour starting next week, the warehouse retailer's CEO announced Thursday. 95% only bad news( Did you guys interview the customers when the CEO and his executives got an outsized raise or nah? People realize that Costco is not a small business and has cornered the market the entire pandemic?
Source: MarketWatch - 🏆 3. / 97 Read more »
SZA Loves Costco and Dismantling Environmental Racism as Much as YouThe singer's personal brand of wellness, activism, and aspirational relatability “hits different.”
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »