Photo: Wikimedia Commons | Costco is raising the minimum wage for its hourly staff to $16/hour. CEO Craig Jelinek made the announcement in a U.S. Senate Budget Committee hearing on worker wages in large companies. Jelinek said, In my past experience, wages don't usually put people out of business; how you run your business will put you out of business. Costco has more than 180,000 employees in the United States.
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