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Joinfortmill

(17,149 posts)
22. I'm pro union, folks, but I honestly don't get why the Teamsters chose a decent company to strike against
Mon Jan 20, 2025, 08:24 PM
Jan 20
https://www.investopedia.com/costco-average-hourly-wage-30-how-that-stacks-up-national-average-8719513

My words: This article was published 9/2024. A FT employee at $30 (which is the average wage at Costco) per hour earns a gross salary of over 60K per year. A FT employee earning $19.50 per hour earns a gross salary of over $30k per year.


'On the company's Thursday earnings conference call, CEO Ron Vachris said Costco's average wage has reached "just north" of $30 per hour after a round of wage increases brought its minimum wage to $19.50 per hour and added 50 cents per hour to each pay tier.

Costco has long advocated the nation that higher wages lead to more productive employees, which leads to higher sales. CFO Gary Millerchip on Thursday said wages are a "critical part of delivering a better experience for our members."

Recommendations

1 members have recommended this reply (displayed in chronological order):

Didn't see that coming, I always thought Costco was more than fair, especially compared to Walmart and BJs. dem4decades Jan 20 #1
Of all the places they could have chosen... Joinfortmill Jan 20 #2
Yes but they are not striking against 303squadron Jan 20 #4
It isn't always about Trump Jose Garcia Jan 20 #8
I know that. Their timing sucks. Joinfortmill Jan 20 #10
That's not your call. ForgoTheConsequence Jan 20 #16
I didn't do that. I gave an opinion. Joinfortmill Jan 20 #20
An uninformed opinion. ForgoTheConsequence Jan 20 #23
You assume a lot. Joinfortmill Jan 20 #25
As do you. ForgoTheConsequence Jan 20 #26
The contract expired. What should they do, sign a MOU extention until you think the timing is right? WhiskeyGrinder Jan 20 #18
Do you work there? ForgoTheConsequence Jan 20 #17
Of course it isn't. I never implied it was. Joinfortmill Jan 20 #21
this is surprising, given Costco's reputation as a good employer. CurtEastPoint Jan 20 #3
This message was self-deleted by its author Tbear Jan 20 #5
My only observation --- now I don't work there. But I feel sorry for the guys pushing 20 or 25 carts across the parking 3Hotdogs Jan 20 #6
I was in Costco last week and overhead one worker ask another if they voted for the strike. kimbutgar Jan 20 #7
Probably has to do with the new CEO not fooled Jan 20 #9
The employees at the door check your face against the photo nilram Jan 20 #15
Amazon ... Costco .... But NEVER Walmart. Hmmmmm live love laugh Jan 20 #11
Walmart has no Union and Amazon only has the one (in NYC) BumRushDaShow Jan 20 #12
I know. How does Walmart fend off unionization? You never hear about labor protests. live love laugh Jan 20 #13
I remember when SEIU tried BumRushDaShow Jan 20 #14
They're very good at union busting. WhiskeyGrinder Jan 20 #19
I'm pro union, folks, but I honestly don't get why the Teamsters chose a decent company to strike against Joinfortmill Jan 20 #22
The members chose. ForgoTheConsequence Jan 20 #24
Again, you assume things about me that are not true. Joinfortmill Jan 20 #28
Shocked and surprised. Always heard this is one of the best employers to work for. marble falls Jan 20 #27
Record profits. The union's contract is up. Company not sharing proiits with workers... brush Jan 20 #30
Never shopped there Rebl2 Jan 20 #29
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