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We take care of our employees. Costco’s success depends on the well-being of employees within all areas of our business. Our operational practices, benefits, and paid time-off policies acknowledge and reward employees for their continued contribution to our culture and success.
Oct 1, 2024 · By investing in its workforce, Costco fosters a positive work environment, promotes employee loyalty, and ensures long-term success. From competitive wages and healthcare coverage to retirement savings plans and educational assistance, Costco prioritizes the well-being and growth of its employees.
- Above minimum wage salary. It pays to work at Costco. As of October 2021, the starting salary for service assistants is $17 per hour and service clerks make $18 per hour.
- Free memberships to the store. Yes, that is plural. Costco has plenty of savings, but first customers must pay to become a member. Membership itself starts at $60 per year.
- Variety of health benefits. Employees who have worked for 180 consecutive days at the company for more than 23 hours a week, according to Glassdoor, qualify for Costco's health benefits plan.
- Seasonal work options. Although many of the perks go to full-time employees, Costco also needs seasonal employees each year. The holidays demand more people on the floor and in the warehouse as demand picks up.
Costco leadership makes clear that they value, respect and view taking care of and developing their employees as top priorities. Examples: Costco pays more than other retailers, with an average employee making about $21/hour. Costco provides about 90% of their employees with health insurance and other benefits.
Costco's executives focus on putting their employees first, which has lead to low employee turnover rates. In the long run, this increased rate of retention has allowed Costco to save on labor costs while continuing to provide employees with significant wages and benefit packages.
May 12, 2023 · Empowering Employees: Costco empowers its employees by granting them autonomy and decision-making authority. Store managers have the freedom to make independent decisions to meet...
May 11, 2018 · From the bottom up, Costco is built on a culture that values passion, pride, integrity, and treating your employees right — one its co-founder spent decades carefully crafting. The payoff was huge. Todd Miner runs one of the best Costco meat shops on the East Coast, and he can prove it.
