- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Summary
Costco will raise hourly pay for most U.S. store workers, increasing top-tier wages to $30.20 in the first year and adding $1 annually for two more years.
Entry-level workers will see a $0.50 increase to $20 per hour.
The move follows a strike authorization by the Costco Teamsters union, representing 18,000 employees, amid contract negotiations.
CEO Ron Vachris stated the pay hikes keep Costco’s wages ahead of industry standards.
The raise comes from an authorised strike for 18000 employees at Costco who are unionized though?
They have unionized workers, the pay rise comes from said union brokering a new deal that almost led to a strike of 18k employees.