‘I will continue happily shopping there forever’: Costco customers react to retailer’s new $16 minimum wage MarketWatch 3/1/2021
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As if mega-toilet-paper rolls and rotisserie chickens weren’t enough to get members through the door, Costco announced Thursday it would raise employees’ base pay from $15 to $16 an hour prompting shoppers’ calls to support the warehouse retailer.
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Some 180,000 U.S.-based Costco employees will begin earning a minimum of $16 an hour starting next week, Costco CEO Craig Jelinek announced Thursday at a Senate hearing on minimum wage.
“This isn’t altruism,” he said. “At Costco, we know that paying employees good wages and providing affordable benefits makes sense for our business and constitutes a significant competitive advantage for us.”
I will continue happily shopping there forever : Costco customers react to retailer s new $16 minimum wage
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America’s biggest companies flourished during the pandemic but put 100,000 out of work and rewarded investors, analysis shows Author: Douglas MacMillan, Jonathan O’Connell, Peter Whoriskey, Chris Alcantara, The Washington Post Updated: December 16, 2020 Published December 16, 2020
Salesforce chairman Marc Benioff, a self-styled leader of the corporate philanthropy movement, said in a series of tweets in late March that Salesforce pledged “not to conduct any significant lay offs over the next 90 days.” But in August the company laid off about 1,000 people. (AP Photo/Darron Cummings, File)
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Print article As the coronavirus pandemic devastated small businesses and plunged millions of Americans into poverty this summer and fall, executives at some of the country’s largest corporations sounded surprisingly upbeat.
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America s biggest companies are flourishing during the pandemic and putting thousands of people out of work
Douglas MacMillan, Jonathan O Connell, Peter Whoriskey and Chris Alcantara, The Washington Post
Dec. 16, 2020
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1of3Gary Walker was laid off from Salesforce in August after 12 years with the company.Washington Post photo by Jahi ChikwendiuShow MoreShow Less
2of3Restaurant owner David Mainelli stands in front of the former location of his family s restaurant, Julio s, in Omaha, Neb., earlier this month. The restaurant group has been a staple in the community since 1977, and announced they were closing their doors in June 2020.Washington Post photo by Carley Scott FieldsShow MoreShow Less