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These U.S. Employers Have Upped Minimum Wage to $15 since Biden s Election Win
On 2/26/21 at 5:19 AM EST
President Joe Biden s coronavirus relief package, the American Rescue Plan, includes legislation to increase the minimum wage to $15 an hour by 2025.
Companies that have recently increased their minimum wage to $15
Costco
Costco will increase its minimum wage to $16 an hour, though Costco CEO Craig Jelinek said that the average wage for hourly workers is $24.
At a U.S. Senate Budget Committee, Jelinek said: 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.
&Pizza CEO Michael Lastoria, who disagrees with the National Restaurant Association s stance against raising the federal minimum wage to $15 an hour, said paying workers more is not only the right thing to do, but would also increase consumer spending and productivity in the workplace while lowering poverty rates and improving mental health.
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