Costco raises min wage to $14 per hour for 130,000 - citing tax cuts.

[DGUtley]

Costco Raises Minimum Wage For 130,000 Employees to $14 An Hour, Cites Republican Tax Cuts.

Were the Russians behind this? Is Costco run by white supremacists? Did the Russians working together with Costco and white supremacists do this just to make Trump look good? We demand answers!

Costco's hourly employees are the latest U.S. retail workers to get a boost from the Trump tax cuts.

On June 11, Costco will increase the starting wage for its U.S. employees by $1 to as much as $14.50 an hour, while other hourly wage rates will increase 25 to 50 cents an hour.

The raise, to be paid for with part of Costco's savings from U.S. federal corporate tax cuts that took effect this year, will go to upwards of 130,000 U.S. employees, costing the company about $110 million to $120 million a year before taxes, Costco chief financial officer Richard Galanti said during the company's fiscal third quarter earnings report Thursday.



https://www.seattletimes.com/busines...ings-thursday/

[Peter1469]

That is pretty good for young people trying to enter the "world of work," as my old industrial arts teacher called it, and for older people who have no real work skills.