Thread: Costco.....
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jhynesrockmtn jhynesrockmtn is online now
Zink Racer
 
Join Date: Aug 2005
Location: Spokane WA
Posts: 4,071
Quote:
Hard to have much respect for a business that over-pays the help.
Nice very ill informed comment. Costco's compensation structure goes back their beginnings. I was there. Their first CFO is still there 30+ years later.

The 2016 Executive Excellence Awards: Richard Galanti | Seattle Business Magazine

They pay well for one reason, to create loyalty with their employees and retain them as long as possible. Turnover costs money and they've known that all along.
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Jerry
1983 911 SC/Carrera Franken car, 1974 914 Bumblebee, 1970 914-4, 1999 323ti
Old 07-14-2016, 05:43 PM
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