Wholesale retailer Costco is increasing its minimum wage to $16 an hour beginning next week. Costco CEO Craig Jelinek revealed the news on Thursday at a U.S. Senate Budget Committee hearing on worker wages, according to MSN. 'We try to take care of our employees because they play a significant role in our success,” Jelinek said. The company’s current baseline pay for employees is $15 an hour. Its latest increase will boost its minimum pay for workers above Amazon and Target, MSN reported. House Democrats are poised to pass their $1.9 trillion coronavirus relief bill on Friday, which will include […]
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