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Costco is raising its minimum wage to $16 an hour, leapfrogging competitors including Target and Amazon. The pay hike goes into effect next week.
Costco CEO Craig Jelinek announced during a U.S. Senate Budget Committee meeting today that it will raise its hourly minimum wage to $16 an hour. The rate stands at one dollar higher than the ...
Jelinek said the starting wage for Costco employees would rise to $16 next week, up from $15 the company instituted two year ago. Costco to raise starting hourly wage to $16; end hazard pay Skip ...
In February 2021, Costco announced that it would be raising the starting rate for its hourly store workers in the United States to $16 an hour. Costco has been actively raising their minimum wage starting with $14 during 2018, and into $15 during 2019. They further add that 20% of their hourly employees will be subject to the minimum wage change.
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