Big American Companies Are Upping Wages Amid Worker Shortage
The company told its employees that it would be increasing its minimum raise from $16, which was set in February, to $17 from October 25, according to a memo seen by CNN and Today Food. “These increases are part of Costco’s continuing efforts to ensure our hourly wages remain extremely competitive in the retail industry,” Costco CEO Craig Jelinek said. “We remain proud to be able to pay employees well and provide excellent benefits....