Costco is one of the best known retail companies in the world. Its membership plans allow Costco members to purchase high-quality goods at low prices. The company provides a robust shopping experience to its customers, but how much does an average Costco employee get paid?
What is an average Costco Company Salary?
As of May 2018, the average salary for a Costco store employee is around $34,500 per year. The median is around $26,000 per year. Those at the bottom of the pay scale make around $20,000 per year. The pay rate is based on the median store location, but it varies by region. So, stores in more remote areas tend to pay less. Store employees typically work in a variety of positions, including cashier, janitor, and stockers. There is also a management and leadership program for more experienced employees.
How much do employees make at Costco?
Costco offers health benefits to its employees, and helps pay for medical, dental and vision costs. And as a bonus, employees get a free Costco membership. Costco employees typically earn $16 to $22 per hour. That’s almost $8 per hour less than the average retail wage of $22.62 per hour. And the average hourly pay is $15.39 for nonexempt employees.
What does Costco pay on average?
I’m going to estimate that you would make $27,300 a year, given you have one year of experience. That works out to $27,300 a year after taxes, or $15.94 an hour. And that assumes you’re full time. That figure represents the average pay of a Costco employee and only includes direct hourly pay. There are also benefits like health insurance, dental insurance, and retirement. So, based on that amount, Costco employees can expect a nice return on their investment. Costco employees also typically make between $12 to $25 an hour before taxes.
What are the minimum salary requirements?
At Costco, we pay a competitive base salary and a performance-based bonus. Our minimum salary is $12 per hour for full-time employees and $10.50 per hour for part-time employees. We have a range of base pay scales to help employees achieve our mission of being the world’s most customer-focused retail business.
Salary and Salary Range
Costco has one of the most competitive pay scales in the retail industry. You can expect your annual pay at Costco to range from $33,858 to $81,039. A typical employee salary at Costco starts at $36,000. Although the average pay is not necessarily higher than the national average for retail jobs, Costco is not a typical retail company. As a result, there is a wide range of pay.
I’m Brian Danny Max, a chef and a writer at cookingtom.com. I’m here to talk about food and cooking, and to share some of my favorite recipes with you all! I’ve been interested in food and cooking since I was a child. My parents are both great cooks, and they taught me a lot about the kitchen. I’ve been cooking professionally for about 10 years now, and I’ve loved every minute of it! I specialize in healthy, flavorful recipes that are easy to make at home. I believe that anyone can cook a delicious meal, no matter their skill level. I’m here to help you learn how to cook, and to show you that it’s not as difficult as you might think! I hope you’ll check out my blog and my recipes, and I look forward to hearing from you!