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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 ...
The pay hike goes into effect next week. Costco to increase its minimum wage to $16 per hour, but CEO says the average pay for hourly workers is $24 Skip to main content
Costco (COST) will boost its minimum wage by $1 to $16 starting next week, the membership warehouse retailer's CEO said on Thursday during a Senate panel hearing.
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
Following the enactment of the Puerto Rico Minimum Wage Act (Law 47 of 2021) there will be a yearly increase of the minimum wage from $7.25 to $10.50 per hour by July 1, 2024. Minimum wage increased to $8.50 on January 1, 2022, [330] with subsequent increases for all employees covered by the FLSA as follows: [331] $9.50 on July 1, 2023
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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 ...
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