4min chapter

The Best One Yet cover image

💡 “Ideas = Currency” — TED Talks’ CEO audition. Costco’s girl math. ‘Musking’ the US Gov’t.

The Best One Yet

CHAPTER

Costco's Remarkable Employee Pay Strategy

This chapter examines Costco's decision to raise employee wages to $30 per hour and enhance benefits, positioning it as a leader in retail compensation. It explores the positive impact on employee retention, turnover costs, and the resulting improvement in customer experience and loyalty.

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