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25.02.2021 / 21:54

Costco to raise minimum wage to $16 per hour, above Amazon, Target

Costco will raise its minimum wage to $16 an hour starting next week, CEO Craig Jelinek said during a Senate Budget Committee hearing on Thursday."Since Costco's inception, the company has been committed to paying the employees very competitive retail wages and providing them broad and affordable health care benefits," Jelinek said. "Two years ago, we moved our starting hourly wage to $15 everywhere in the U.S. Effective next week, the starting wage will go to $16.""It's important to us that Costco employees have opportunities to make more than just $15 or $16 an hour.

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