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So I place an order 2 months ago because we need a washer and dryer. Its finally being delivered but i have to work and my sisters 2 doors away. The delivery co says they will call me 30 min before. I never get a call or delivery. Im canx the order and canx costco, HORRIBLE CO!
Higher wages aren’t going (atleast shouldn’t) to make prices higher for consumers but payouts less for shareholders. Costco won’t be the company to raise the price for goods . Walmart for sure. Costco Not likely. I don’t get how people are arguing against More money for workers
What about all the people that started at $9 or 10 an hour and worked for years to get to $16 an hour? Surely they will get a bump up too? Or will you just continue to give them the usual bullshit .50 cent annual cost of living bump? That's some bullshit!
$16 an hour gee thanks I can buy some food pay my cell bill maybe run a cheap car. No way can I afford rent or a house
Costco gets it right with increasing people wages. If you give a worker an increase like they do, that person will spend it and send the $$ down the line. Give a Big cooperation a tax break and the $$$ never sees the public, they hoard it to themselves time and time again!
Costco, you will have my continued support!
SamsClub Walmart
Everyone your employers
Excellent!
Never understood the pleasure gained from physical, mental, emotional, and spiritual torture of employees. Its generational, historical evidence being that it is not money (replace money with goats) that motivates but the feeling of I have and you don't.
EllieHill The founder of Costco when asked how he took care of his customers said, 'I don't, I take care of our employees, they take care of the customers.' Love Costco.
Seems like the right thing.
There it sets the road to higher daily wages and rightly so. In these times Costco is the way to go.
Well that means a family still needs more than three parents working full time. A woman needs three working husbands.
KurtBusiek That is capital (ism)!
Nice that their employees make enough they do not need food stamps or depend on food banks to feed their families
MrJonCryer Let's be honest. Employees at Costco can afford food, employees at Walmart need food stamps. Not only better for the company & country, but ultimately gives their employees their dignity back outside the workplace. And that, to me, is the bigger plus.
I will start shopping there more!
Hey TheDemocrats you’re being easily beaten by Costco. You’re an embarrassment.
I’m renewing!
MrJonCryer If Costco can do it, what does it say about the other mega corporations?
MrJonCryer Finally, a CEO that understands your investment in employee’s allows you to run your business more efficiently & builds brand loyalty. Employees want to be associated with a winning team.
MrJonCryer Good job Costco.
I might have to get me a Costco membership.
Smart!
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I still can’t believe it after so long I finally got chance to smile, have lost so much in the hands of people who claimed to be a professional bitcoin miner or a forex trader agent until a friend of mine introduced me to Terri Ijeoma investor_terri.
Not wanting to state the obvious, but the entire concept on Minimum Wage is a guideline that no one should be paid LESS than minimum wage. It should have never been a “we DON’T have to paid anymore than that”. C’mon people it’s really not that hard to see!!!
We lose good people to Costco, Publix, and USPS.... just this month as a matter a fact....pay people livable wages.
Finally some sense ....exactly ding ding ding 🛎
Excellent Costco! Now the other tightwad big money corporations need to follow suit.
just common fuckin sense.
You just got yourself a new customer
Npr always passive aggressively hinting that we dont need regulation of mega-corporations
👏🏼👏🏼👏🏼
I’m not impressed. They could have done this YEARS ago and are only doing it now bc of sociopolitical pressure. They care about worker satisfaction about as much as I care about the toilet paper I just flushed.
SkartveitNancy What’s walmart doing? Walmart WalmartInc WalmartOrg walmart uses the federal government to subsidize it’s employees with food stamps.
This is the way
Put out the 'Costco challenge' to other large firms.
Costco is a great business and a great employer
Now, if only they stopped having weekly presentations by MyPillow at their stores, it’d be nice. They treat their workers well, but I’d also like them to not help a dangerous traitor make money. boycottMyPillow
If I remember correctly, the CEO also takes home a respectable salary compared to most
Sifill_LDF 👏 I think it’s time I get a Costco membership
mainstreetnotwallstreet
As a former Director of HR, can attest to the accuracy of this. Paying a fair wage and offering benefits saves money in the long run by cutting down turnover, decreasing training expenses, and promoting morale. A happy workforce is more productive and loyal to the employer.
Smart folks
Congratulations costco that’s great news.
💯
The end of cheap prices at Costco
It just shows how the arguments about raising prices with raise of minimum wage are just tools to keep the poor being poor
That still is not enough to feed a family so make sure you include healthy grocery discounts for them also. feedyourserfs
Love this place Costco. Will happily continue to give 80% of my food budget to them. 💙
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Just what those Maoists would say, of course.
As the parent of a Costco employee who makes $17 an hour (plus good bennies), the wage isn't necessarily the problem. The problem I have seen is getting enough work hours in a week to pay the bills. The answer is currently 'no' as we are still subsidizing his basic needs.
'the move will help the company 'in the long run by minimizing turnover and maximizing employee productivity.' THIS!!!!!
What a brilliant plan
That's corporate speak for more work for fewer people.
❤️
Meanwhile, Walmart is closing stores and cutting hours at the whispers of unions!
BonniBK That’s nice ! In Oklahoma lawmakers want to keep the poor man down. More on welfare makes more sense than raising wages right? GovStitt JimInhofe SenatorLankford Oklahoma is a joke ! Top10MyAss
Largely for it to put smaller moms and pops out of business who wouldn’t be able to keep up.
Y’all can afford to pay your workers more. That’s the case in way too many situations. People think they’re doing us a favor but it’s a ploy. The workers deserve more costcocanada and amazon and Walmart EVERY COMPANY. Poor are still poor and the richer becoming wealthier.
Kellyk1969 That’s a great reason to drive by sam’s club when you’re on your way to Costco. They treat employees with more respect.
Lmao love how conservatives follow a non profit news organization just to troll it. Npr is literally funded by the people🤣 take a look in the mirror trolls
Up to $16 from what? What have they been paying people up until now?
If a business has the cash flow to support this without passing higher labor costs to consumers, then this is a win-win. But if all businesses are mandated to increase starting wages to a minimum of $15/hr and their business can’t absorb the cost without price increases...no.
Further crushing small businesses that can’t afford to do that. Keep pimping those big corporations NPR 👍
Ya mean treating your employees with dignity and respect makes them better employees What a concept *sarcasm
Now this is a man who knows how to think out of the box. You take care of your employees and they will surely take care of you.
Yes! Even better when it’s not mandated.
Treating good employees as a valuable asset is the best change our economy can do. Successful companies empower and groom talent building their knowledge base, refining production and standardizing operations.
The most shocking news...Costco doesn't start employees at $16 an hour already.
$15/hr by 2025 will not be 'too high for some parts of the country,' it will be too low for many. It is a shame that businesses have to be pressed by legislation to pay a living wage.
Ahem, TomCottonAR
Pay your employees what they are worth and they will give you what you pay for.
If it works for their business, go for it
But wait my college friend told me he took Econ 101 and increased wages means inflation - where on earth did these other variables come from?!?!?
Sifill_LDF 🙏🏽
Makes perfect sense...big chain stores should follow suit.
The American people want this...so why are we letting 'our' elected officials vote to stop it? Let them know! We did it with healthcare, we can do it with $15 wage! Vote yes or we will vote you out!
Smart & morally right!
He's right about turnover. My local Costco has alot of the same people working there since it opened. It's hard to get a job there. You have to know somebody.
samzeff Our Costco just converted all but 2 lanes into self checkout. So they are cutting workforce to pay for the increased wage.
JForma My Costco just added 6 selfcheckout stations. Guessing theyll have less employees.
Yay Capitalism
SamsClub
R.I.P Costco 2022.
And yet - their prices beat everyone else’s. It’s almost like our Big Macs won’t really cost $10 if minimum wage goes up...
Costco knows how to run a great business. Product selection, return policy and the staff are always helpful. It is obvious they like their jobs. I never go to Walmart as they are the complete opposite. Poor customer service and mostly miserable staff.
relying on a few good business to do good for the people and communities is not enough
That actually seems like a good business plan. Paying employees a decent salary will be beneficial to them, the company, & the customers as well.
people really commenting when we're talking about 1 dollar
That’s the way to do it.
And they are correct, it will
Nicely done, Costco!
I believe that higher wages do result in less employee turnover. It just stands to reason that people are going to want to hold on to a higher paying job.
The writing is on wall as many cities past hikes anyways.
a utopian society would be modeled after costco's business plan.... it just works
'In the long run by minimizing turnover and maximizing employee productivity.' I love that he said it but it's sad that he needs to. Labor UnionStrong
Holy shit a CEO actually did the math and gets it
I am taking my biz to Costco although it's membership dues are a bit high
Thank you Democrats
🤝
Too bad WalMart didn’t get this memo.
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