Costco raised its minimum wage to $17 an hour

Costco this week raised its starting wage for hourly store workers in the United States for the second time this year as businesses hike pay to draw and retain workers amid a labor shortage. Costco (COST) told employees last week that it would increase its minimum wage from $16 an hour to $17 starting on Monday. Costco has around 180,000 US employees, and 90% of them work hourly.
Read more: https://www.cnn.com/2021/10/27/business/costco-minimum-wage/index.html?source=Snapzu