Summary
Costco will raise hourly pay for most U.S. store workers, increasing top-tier wages to $30.20 in the first year and adding $1 annually for two more years.
Entry-level workers will see a $0.50 increase to $20 per hour.
The move follows a strike authorization by the Costco Teamsters union, representing 18,000 employees, amid contract negotiations.
CEO Ron Vachris stated the pay hikes keep Costco’s wages ahead of industry standards.
They are unionized, which is probably why this is happening.
A pretty small percentage I think. 18000 of 220k. I’m a fan of Unions and good on Costco . You’ll also notice a distinct lack of union busting at Costco compared to your Amazons and Starbuckses