Costco's Bold Move: Top Clerks to Earn Nearly $32/Hour in Major Wage Boost
Retail giant Costco announces significant wage increases for hundreds of thousands of workers, with top-scale clerks reaching $31.90 per hour by March 2024. The comprehensive three-year agreement includes enhanced benefits and vacation time, setting new standards in retail worker compensation.
Corporate Giants Stand Divided on DEI Commitments as Debate Intensifies
Major companies like Costco and Apple maintain their diversity, equity, and inclusion programs despite industry pullbacks and political pressure. The contrasting approaches highlight an evolving national conversation about workplace diversity as some corporations retreat while others reinforce their commitments.
Costco Announces Major Wage Hike: Store Workers to Earn Over $30 Per Hour
Retail giant Costco plans to boost wages for US store employees to over $30 per hour within three years, following pressure from the Teamsters union. The phased increase includes immediate raises for both top-tier and entry-level workers, potentially influencing compensation trends across the retail sector.
Costco Workers Authorize Nationwide Strike as Contract Deadline Looms
Teamsters union members at Costco voted overwhelmingly to authorize a nationwide strike, with 85% supporting potential walkout ahead of January 31 contract expiration. The union, representing 18,000 workers, demands better compensation amid Costco's soaring profits of $7.4 billion.