return2ozma@lemmy.world to News@lemmy.world · 6 months agoCostco Increases Pay to Over $30 an Hour for Most Store Workerswww.bloomberg.comexternal-linkmessage-square94fedilinkarrow-up1875arrow-down17file-textcross-posted to: upliftingnews@lemmy.world
arrow-up1868arrow-down1external-linkCostco Increases Pay to Over $30 an Hour for Most Store Workerswww.bloomberg.comreturn2ozma@lemmy.world to News@lemmy.world · 6 months agomessage-square94fedilinkfile-textcross-posted to: upliftingnews@lemmy.world
minus-squarepeoplebeproblems@midwest.sociallinkfedilinkEnglisharrow-up59·6 months agoInteresting to see how valuable employees are isn’t it
minus-squareTheFogan@programming.devlinkfedilinkEnglisharrow-up44arrow-down1·6 months agoMost importantly… if you ask the conservatives, if you pay your workers a living wage, you fail capitalism your stock prices are doomed https://www.financecharts.com/compare/COST,WMT Yet unless I’m an idiot, when I put the chart out to 10 years… I see costco’s stock price leaping… and walmarts price pretty damn flat.
minus-squarekryptonidas@lemmings.worldlinkfedilinkarrow-up15·edit-26 months agoIt looks that way because Costco’s stock per unit is around 10x of that of Walmart.* Costco did grow more in five years. 220% vs 150% of Walmart. https://finance.yahoo.com/quote/COST/ https://finance.yahoo.com/quote/WMT/ *There are many mode units of Walmart stock so the company is worth more in total. But you’d be better of buying COST five years ago. For the soul and wallet 😄)
minus-squareBilliam@lemmy.worldlinkfedilinkarrow-up5·6 months agoI live near a city that has both a Sam’s Club and a Costco. I wonder how they compare vis a vis sales, pay, and employee retention?
minus-squarespooky2092@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up7·6 months agoSam’s club is still basically Walmart, so I’d say not great.
Interesting to see how valuable employees are isn’t it
Most importantly… if you ask the conservatives, if you pay your workers a living wage, you fail capitalism your stock prices are doomed
https://www.financecharts.com/compare/COST,WMT
Yet unless I’m an idiot, when I put the chart out to 10 years… I see costco’s stock price leaping… and walmarts price pretty damn flat.
It looks that way because Costco’s stock per unit is around 10x of that of Walmart.* Costco did grow more in five years. 220% vs 150% of Walmart.
https://finance.yahoo.com/quote/COST/
https://finance.yahoo.com/quote/WMT/
*There are many mode units of Walmart stock so the company is worth more in total. But you’d be better of buying COST five years ago. For the soul and wallet 😄)
I live near a city that has both a Sam’s Club and a Costco. I wonder how they compare vis a vis sales, pay, and employee retention?
Sam’s club is still basically Walmart, so I’d say not great.