admin Posted May 15, 2019 Share Posted May 15, 2019 Watch out, WalmartOpens a New Window. — CostcoOpens a New Window. is trying to give its rival retail giant a run for its money (literally) when it comes to paying some of its top store managers. Roughly a week after Walmart shared in a new reportOpens a New Window. that its U.S. store managers are taking home an average of $175,000 a year, Reader's DigestOpens a New Window. resurfaced just how much Costco is shelling out in comparison. And the publication says its findings are pretty "surprising." According to GlassdoorOpens a New Window., general managers at the chain get an average base pay of over $106,000. Overall, their salaries range from nearly $50,000 to $180,000. Meanwhile, warehouse managers make between $52,000 to $146,000 each year, while assistant managers typically take in around $85,000. But, as Reader's Digest points out, these totals don't even include the various benefits the employees enjoy throughout the year including bonuses, stocks and commission which can tack on an additional $8,000 or so annually. "Salary and benefits are great for the industry ... great culture," a full-time Costco employee, who has been working at the company in Virginia for more than a decade, commented on Glassdoor's review. "[The company's] adaptive to growth and innovation as shoppers turn online for groceries." Glassdoor named Costco one of the best places to work in 2019 after a year hiatus off the list. In June 2018 the wholesale retailer announced it was raising its minimum wage to $14 per hour from $13 and this past March management boosted that rate to $15.00-$15.50, as noted by CFO Richard Galanti on the company's March earnings call. In comparison, Walmart and Target pay $11 and $13, respectively. Costco pays employees some of the highest wages among U.S. retailersOpens a New Window. — with the average hourly salary of $22.50. Quote Link to comment Share on other sites More sharing options...
admin Posted May 15, 2019 Author Share Posted May 15, 2019 Need a killer podcast intro our outro? Youtube? Discord? Kramer's gotcha! Kramer is now on FIVERR, exclusively. Do you do a podcast? Do you need a commercial? Do you need a sweeper? Well, we're back on Fiverr after requests over the last many months. It's CHEAP! CLICK HERE! CLICK HERE! Edited just now by admin Quote Link to comment Share on other sites More sharing options...
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