Costco to pay $16/hour, more than Walmart, Amazon and Target

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MOUNT PROSPECT, IL – MAY 31: A worker pushes carts outside a Costco Wholesale store May 31, 2006 in Mount Prospect, Illinois. (Photo by Tim Boyle/Getty Images)

HOUSTON (CW39) Costco Wholesale Corp said on Thursday it would raise the minimum wage for its hourly staff to $16 per hour starting next week.

That’s a dollar more than what its competitors Walmart Inc. which starts employees off at $11/hour. Inc, and Amazon.com Inc., which raised its minimum to $15/hour in 2018.

Even Target Corp. that did the same over the summer.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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