Costco exec says the company still pays better than any rival following Amazon's move to raise wages to $15 per hour

Canada News News

Costco exec says the company still pays better than any rival following Amazon's move to raise wages to $15 per hour
Canada Canada Latest News,Canada Canada Headlines

Costco is unconcerned about losing potential employees to Amazon despite the e-commerce giant's higher minimum wage. CFO Richard Galanti said that Costco's average pay still 'dwarfs any other retail or retail-type entity out there' in a call with investors on Thursday.

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in CA
 

Costco actually is career oriented for their employees. Unlike amazon who’s profit ONLy oriented. Amazon is the new Walmart.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon will raise company's minimum wage to $15 for all US employeesAmazon will raise company's minimum wage to $15 for all US employeesJUST IN: Amazon to raise company's minimum wage to $15 for all employees. “We listened to our critics, thought hard about what we wanted to do, and decided we want to lead,” Amazon founder and CEO Jeff Bezos says as company announces plans to raise its minimum wage to $15 for all U.S. employees. Great! The kids understand Mo Money!
Read more »



Render Time: 2025-01-12 09:50:49