Employees Name Costco the Best Company in the U.S. for Pay and Benefits

 

By Sahid Fawaz

Costco, known for being the opposite of Walmart and Sam’s Club when it comes to employee relations, has reason to celebrate. 

MSN.com reports:

“Costco is not just known for its discounted, bulk items.

Employees at the warehouse retailer are the most satisfied with their compensation and benefits than those at any other company, according to a new Indeed report that analyzed its database of 18 million employer reviews. Costco beat other popular workplaces like Apple and Starbucks thanks to its top-rated employee reviews on the jobs website — and broke the stereotype that attributes start-ups and tech companies with the top marks in pay and benefits.

In fact, the retailer is known for paying its employees a living wage. In 2016, the company raised its minimum wage for employees to $13.50. That’s higher than the federal minimum wage of $7.25 and the $11 minimum wage in Washington, where the company is based.

And employees — including hourly, part-time and full-time Costco workers — also enjoy a slew of benefits, including health care, dental care, 401k programs, life insurance, stock options and more.”

For the rest of the story, check out the full article at MSN.com here.

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