Costco will increase to $ 16 the minimum wage for its employees

The CEO of COSTCO, Craig Jelinek, announced a visit to the Federal Senate, which, as part of the next week’s minimum wage, would be $ 16 per hour.

According to an Insider report, Jelinek indicates that the increase in pay per hour for its employees is “a good deal” and reduces the salaries of employees who have more than one year with them. In addition, it will ensure that Costco’s success is maintained by the best employees in its tenders.

The recommendation:

Recognizing that we are not a perfect company, Jelinek commented that “we must take care of our employees because they are a significant part of our success”.

In 2018, the company increased its minimum salary to $ 15, and agreed with the CEO, more than the average employee in the $ 25 cobra tiers per hour, in addition to paid vacations, additional bonuses and health benefits.

.Source