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Costco to raise hourly pay for most US store workers to over $30

  • Costco will raise hourly pay for non-union employees, with top-scale workers receiving a $1 increase to $30.20 per hour, effective immediately, according to Bloomberg.
  • Employees at the lower end of the pay scale will see a $0.50 increase, raising their hourly rate to $20, as reported by Reuters.
  • This pay increase affects over 200,000 non-union employees while negotiations continue with the union representing 18,000 workers, according to Costco's memo.
  • Union leaders claim that Costco's actions are not meeting worker demands despite the company's record profits of $7.4 billion in fiscal 2024.
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