Warehouse retailer Costco has a
long-term business strategy based on treating employees and customers
right. Employee wages average $16 per hour and 83% of the company's
workers get health care benefits. The wage scale starts at $10 per hour
and goes to $18 per hour. And the employees at the top of the wage scale
get twice a year bonuses of
$2,000 to $3,000. Yet the company may be the "lowest cost provider". 98%
of top positions are filled internally; there's a retail career path at
Costco. More cashiers were hired to speed checkouts. Result: Costco
whips Sam's Club in the marketplace. Read a good long profile in the Seattle Weekly.
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