Search

Costco reportedly raises minimum wage to $17 an hour - Fox Business

Costco Wholesale Corporation raised its minimum wage to $17 an hour this week, according to reports. 

"Effective October 25, 2021, we will adjust the starting hourly wages for new employees in the U.S. to $17.00/hour for Service Assistants, $18.00/hour for Service Clerks and $18.50/hour for Meat Cutters," an Oct. 19 memo provided to TODAY Food read. "Current U.S. employees making less than these rates will be moved up to these rates on their scales, and their goal hours will be reset. Please contact your GM or Payroll Clerk with any questions."

2021 HOLIDAY SALES PROJECTED TO HIT NEW RECORDS

"These increases are part of Costco’s continuing efforts to ensure our hourly wages remain extremely competitive in the retail industry. We remain proud to be able to pay employees well and provide excellent benefits. As in the past, we will review hourly wage scales in connection with the upcoming Employee Agreement," Costco CEO Craig Jelinek reportedly wrote

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The big-box retailer told Business Insider that the change went into effect on Monday. 

Costco previously raised its minimum wage to $16 per hour in February (iStock)

Costco did not return FOX Business' request for comment.

CLICK HERE TO READ MORE ON FOX BUSINESS

The news comes after Costco raised its minimum wage to $16 in February of this year. 

"It's important to us that Costco employees have opportunities to make more than just $15 or $16 an hour. Costco employees receive regular increases for hours worked," Jelinek said during a Senate Budget Committee hearing at the time.

Adblock test (Why?)



Business - Latest - Google News
October 28, 2021 at 10:17PM
https://ift.tt/3EptcrY

Costco reportedly raises minimum wage to $17 an hour - Fox Business
Business - Latest - Google News
https://ift.tt/2Rx7A4Y


Bagikan Berita Ini

0 Response to "Costco reportedly raises minimum wage to $17 an hour - Fox Business"

Post a Comment

Powered by Blogger.