Does Costco still pay well?

Costco has consistently demonstrated its commitment to providing competitive wages for its employees, both unionized and non-unionized. As of March 2025, the company implemented a new employee agreement that significantly increased its minimum wage to $20 per hour. This adjustment reflects Costco's dedication to ensuring that its employees are compensated fairly for their work. Furthermore, the average wage for employees has risen to over $31 per hour across the United States and Canada, which is notably higher than the national average for retail positions. This focus on competitive pay not only helps attract and retain talented workers but also contributes to a positive work environment, ultimately benefiting the company as a whole. By prioritizing employee compensation, Costco reinforces its reputation as a desirable employer in the retail sector.