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Costco's CEO and president, Craig Feline, has publicly endorsed raising the federal minimum wage to $10.10 an hour, and he takes that to heart. The company's starting pay is $11.50 per hour, and the average employee wage is $21 per hour, not including overtime.
In a Thursday call with investors, CFO Richard Gal anti announced that the starting wage for Costco employees would go up $1 to $14 or $14.50 per hour, while other warehouse employees would see hourly raises of $. 25 to $. 50.
According to Glassdoor, the average cashier salary at Costco is $14 per hour, with a range of $8 to $25. That's compared to the national average cashier salary of $11 per hour, according to Salary.com.
The average Costco Wholesale salary ranges from approximately $15,000 per year for Retail Sales Associate to $72,333 per year for Meat Manager. Average Costco Wholesale hourly pay ranges from approximately $12.35 per hour for Cashier/Sales to $28.00 per hour for Teller.
The warehouse retailer Costco announced Thursday it's raising its hourly minimum wage for the second time in less than a year, part of a U.S. retail trend intended to attract and retain workers in a tight labor market. Costco's hourly base wage is now $15, following an uptick in June to $14 from $13.
According to Glassdoor, the average cashier salary at Costco is $14 per hour, with a range of $8 to $25.
According to Glassdoor reports, other warehouse workers at Costco make starting salaries of about $14 to $15 an hour.
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