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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCostco Has the Best Pay and Benefits, According to Employees
Employees at the warehouse retailer are the most satisfied with their compensation and benefits than those at any other company, according to a new Indeed report that analyzed its database of 18 million employer reviews. Costco beat other popular workplaces like Apple and Starbucks thanks to its top-rated employee reviews on the jobs website and broke the stereotype that attributes start-ups and tech companies with the top marks in pay and benefits.
In fact, the retailer is known for paying its employees a living wage. In 2016, the company raised its minimum wage for employees to $13.50. Thats higher than the federal minimum wage of $7.25 and the $11 minimum wage in Washington, where the company is based.
And employees including hourly, part-time and full-time Costco workers also enjoy a slew of benefits, including health care, dental care, 401k programs, life insurance, stock options and more.
Costco believes that employees are the most important assets in the company, one employee wrote on Indeeds website.
https://www.msn.com/en-us/money/companies/this-company-has-the-best-pay-and-benefits-according-to-employees/ar-BBJFpLV?li=BBmkt5R&ocid=spartandhp
And they still give affordable deals on merchandize.
Wellstone ruled
(34,661 posts)as a Store Manager. In fact he got his own Store August 1, 2017. Started as a overnight Stocker and worked his way up the ladder,including a paid College Degree in Retail management. Now he has his own Store.
Never ever heard a Costco employee talk trash about their Employer.
MaryMagdaline
(6,856 posts)They don't want to leave.
RainCaster
(10,914 posts)A great read for anyone who believes that there is room for ethics at the top.
JI7
(89,264 posts)Cha
(297,655 posts)I save so much money.. and food is really expensive in Hawaai.. so it matters!
LittleGirl
(8,291 posts)We had to. We'd been to one in the UK and Vancouver. It's like our "must go place" when traveling abroad.
I love that they pay their employees well and they are familiar faces.
My husband is going to Costco in London Saturday. He's stocking up on supplies while he's abroad.
Amazing deals all over the world.
Cha
(297,655 posts)were Costco's abroad.. That is so cool!
And, I bet the one is Honolulu is huge.. ours on Kauai is pretty big.
Mahalo, LittleGirl