Costco Boosts Pay: Hourly Employees to Earn Over \$30 an Hour

1. What is the starting point of the pay increase for top-tier employees?
   The starting point is \$30.20 an hour in the first year.
2. How much will top-tier employees earn in the third year?
   They will earn \$32.20 an hour in the third year.

3. What are the pay increases for workers at the bottom of the scale?
   Workers at the bottom of the scale will receive raises ranging from 50 cents to \$20 an hour.

4. Why is Costco increasing pay for its employees?
   Costco is increasing pay to improve employee retention and recruitment in the retail industry.

5. Is this pay increase applicable to non-union employees?
   Yes, the pay increase also applies to non-union employees.

Costco’s decision to increase pay for its hourly employees reflects the company’s commitment to retaining and attracting top talent in the competitive retail industry. By offering higher wages and benefits, Costco aims to address the high turnover rates that have plagued the sector.