Costco Boosts Pay for Most Hourly Employees to Over \$30 an Hour Amid Union Negotiations

1. What is the starting point of the pay increase for Costco’s top hourly workers?
2. How much will workers at the bottom of the pay scale receive in raises?
   Workers at the bottom will receive raises of 50 cents to \$20 an hour.

3. Which employees are affected by the pay hike?
   The pay hike applies to non-union employees.

4. What is the current starting wage for Costco employees?
   The current starting wage is \$19.50 an hour.

5. Why is Costco increasing employee pay?
   Costco is increasing pay to address labor shortages and improve employee satisfaction, as well as to maintain a competitive edge in the labor market.

Costco’s decision to raise hourly wages for most of its American workers to over \$30 an hour reflects the company’s commitment to attracting and retaining talent in a competitive labor market. The move, part of ongoing contract talks with the Teamsters Union, underscores the strategic importance of employee compensation in maintaining a skilled workforce.