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Thu Feb 25, 2021, 06:58 PM

Costco to raise its minimum wage to $16, joining others in boosting pay during pandemic

Source: Washington Post

Costco plans to raise its minimum wage from $15 to $16 next week, the companyís chief executive told Congress on Thursday, becoming the latest major retailer to boost hourly pay as the pandemic wears on and big-box stores post booming profits.

The move by the nationís second-largest brick-and-mortar retailer comes as the U.S. economy showed signs of improving, with new unemployment claims decreasing by 111,000 last week. That marks the biggest drop in new claims since August, when the summer surge in coronavirus infections began to abate.



Read more: https://www.washingtonpost.com/nation/2021/02/25/coronavirus-covid-live-updates-us/

6 replies, 1210 views

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Reply Costco to raise its minimum wage to $16, joining others in boosting pay during pandemic (Original post)
Yo_Mama_Been_Loggin Feb 25 OP
iluvtennis Feb 25 #1
Maxheader Feb 25 #2
Hip2bSquare Feb 25 #3
East-A-Squared Feb 25 #4
RicROC Feb 25 #5
Grey5 Feb 26 #6

Response to Yo_Mama_Been_Loggin (Original post)

Thu Feb 25, 2021, 08:13 PM

1. Great news! nt

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Response to Yo_Mama_Been_Loggin (Original post)

Thu Feb 25, 2021, 08:17 PM

2. Every business in americu..



could raise wages to 15$/hr and the wingers in congress and some dinos would still bitch...

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Response to Yo_Mama_Been_Loggin (Original post)

Thu Feb 25, 2021, 08:27 PM

3. Time to join Costco

I've been back and forth about joining Costco. It's just me, so no need to buy bulk, but they continue to do right. We definitely boycott the wrong doers, time to thank the ones doing right.

I'm sure I'll find some good deals and plus it'll help show that paying employees a decent living wage won't run people off.
This is the DU member formerly known as Hip2bSquare.

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Response to Hip2bSquare (Reply #3)

Thu Feb 25, 2021, 08:38 PM

4. I am a Costco member. Gas is cheaper than most other stations in my hometown.

Also get my prescription drugs from there.

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Response to East-A-Squared (Reply #4)

Thu Feb 25, 2021, 08:48 PM

5. ....and gas is the high tier detergent grade, too.

I like Costco and I'm a single person. While I avoid some of the items which are too big for my use, Costco has some great prices on clothes, domestics, small appliances and electronics.

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Response to Yo_Mama_Been_Loggin (Original post)

Fri Feb 26, 2021, 03:05 PM

6. I have a question..?

The article says "boosting pay during pandemic". Does it go back to $15.00 after some amount of time...?

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