As if mega-toilet-paper rolls and rotisserie chickens weren’t enough to get members through the door, Costco COST, -2.00% announced Thursday it would raise employees’ base pay from $15 to $16 an hour — prompting shoppers’ calls to support the warehouse retailer.
The Costco announcement came about two years after the company began paying its employees a minimum of $15 an hour — matching Amazon AMZN, -3.24%, which started paying $15-an-hour wages to employees in 2018. Both are based in Seattle. That company hasn’t increased its employee base wage of $11 an hour since 2018 — though it announced last week it would offer half its workforce, or 730,000 employees, a $15-an-hour wage.
Okay I'm getting a membership
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?
95% only bad news(
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Costco Is Raising Minimum Wage To $16 Starting Next WeekCostco raising hourly minimum wage to $16 an hour for its 180,000 employees starting next week. First off, it's starting pay, not minimum wage. 2nd, they can afford it. Small businesses cannot.
Source: ScaryMommy - 🏆 116. / 63 Read more »
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 »
Costco to raise starting hourly wage to $16; end hazard payNEW YORK (AP) — Costco will increase its starting wage to $16 an hour, surpassing most of its main competitors. Costco CEO Craig Jelinek announced the increase Thursday at a Senate Budget... What will be the REPURCUSSION on cost of living ? Raymond_LLM And that is why I shop Costco. JustInCaseKate 'Cause Fuck you, Walmart. That's why.
Source: AP - 🏆 728. / 51 Read more »
Texas watchdog says grid operator made $16-billion errorA firm hired to monitor Texas’ power markets says the region’s grid manager overpriced electricity over two days during last month’s energy crisis, resulting in $16 billion in overcharges. Tell that to the guy running the reactor at Chernobyl. Just gonna correct this here. Emergency pricing existing at all is a mistake and fuck you for not saying it. I’m so glad they found the mistake. The problem is who ever sent the bill didn’t think 🧐”this bill seems too high!” and CORRECT IT before the average citizens were sent their bills. $16billion🤬 ?Lesson learned💡FederalRegulation are necessary. Those who fight them are GREEDY!
Source: latimes - 🏆 11. / 82 Read more »