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Worker wages: Wendy's vs. Wal-Mart vs. Costco
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[quote:Anonymous Coward 44689006:MV8yMzE0MDg0XzM5NDMyNTI4Xzk1MTIyMzdG] My ex worked at Walmart and had the opportunity to invest part of his pay in their stocks. Dumb ass didn't. Dang, I love Costco, wonder if I could get even part time there with stock options. [/quote]
Original Message
Interesting article, it shows that a company can pay well & still make a very nice profit
One company that hasn't had to deal with such strikes is Costco.
The no-frills warehouse chain pays its hourly workers an average of just over $20 an hour, compared to just under $13 at competitor Wal-Mart.
Costco seems to be investing some of those profits back into its employees.
Cesar Martinez, a 37-year-old fork lift operator, has worked at a Costco in North California for 19 years. He makes $22.82 an hour, gets health benefits and a pension plan. He manages to save, and doesn't worry about hospital bills for his daughter, who suffers from asthma.
"That's the reason why I've been here for so long," he said. "The company gives you a decent wage and treats you with respect and takes care of you. That's why we all give 100%."
[
link to money.cnn.com
]
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