Costco to Raise Starting Wage to $14 an Hour

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Costco Wholesale Corp. stated Thursday it could increase its minimal wage and enhance pay for 130,000 U.S. retailer workers, intensifying the battle for staff in a good U.S. job market.

The retail chain, second solely to Walmart Inc. when it comes to U.S. gross sales, stated it could enhance its beginning hourly wages by $1 to $14 or $14.50 an hour. Different hourly staff will obtain raises of between 25 cents and 50 cents. The brand new wages take impact on June 11.

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