Founder and former CEO, Costco: Successor: W. Craig Jelinek: Spouse(s) Janet Sinegal: Children: 3, including David: James D. Sinegal (born January 1, 1936), also known as Jim Sinegal, is a retired American billionaire businessman who is the co-founder and former CEO of the Costco Wholesale Corporation, an international retail chain. ranks number 1 out of 50 states nationwide for Costco Executive salaries. A Costco Executive in your area makes on average $46,694 per year, or $1,080 (2%) more than the national average annual salary of $45,614. Including company match, Costco employees have given more than $21.5 million to 206 United Way agencies in the United States, Canada and Puerto Rico in 2018-2019. Follow. The CEO makes a reasonable salary. Help Center. 11k Salaries. Well, Jim Sinegal isn't your typical CEO, and Costco, the business he founded, is not your typical store. Change country. Awards. JEFFREY MACMILLAN FOR USN&WR. CEO Craig Jelinek has a 92% approval rating among employees. Store managers average $138,000 a year in salary, but Costco's bonus and stock compensation can roughly triple that amount. Christopher Mrozek, 11 years at Costco This estimate is based upon 2 Costco Wholesale Warehouse Manager salary report(s) provided by employees or estimated based upon statistical methods. Costco's CEO makes far less than most executives, with a total compensation package of about $4.83 million in 2012. See questions about Clear. Learn more about each company and apply to jobs near you. Less than a week after Costco CEO Craig Jelinek spoke out in favor of raising the minimum wage, the big-box retailer’s earnings showed that paying workers a living wage doesn’t always hurt business. James D. Sinegal (born January 1, 1936) is the co-founder and former CEO of Costco, an international retail chain. Costco founder and former CEO Jim Sinegal earned a $350,000 salary compared to Wal-Mart's CEO Michael Duke, whose salary was $1.3 million. Each year, Costco Canada is … He was born January 1, 1936, into a Catholic working-class family in Pittsburgh, Pennsylvania. 1.4k Inter­views. The average Costco Wholesale salary ranges from approximately $20,000 per year for Maintenance Assistant to $91,959 per year for Business Analyst. Early life and education. By contrast, Walmart CEO Mike Duke’s 2012 base salary was $1.3 million; he was also awarded a $4.4 million cash bonus and $13.6 million in stock grants. 2019 Peter G. Peterson Business Statesmanship Award. Arlington, Va.—It's midmorning in Costco. Salaries; Benefits; 12. Early life and education. That's far less than the standard $1 million for Fortune 100 CEOs at the time. Costco CEO Craig Jelinek is not surprised by his chain's success. W Craig Jelinek is President/Chief Executive Officer at Costco Wholesale Corp. See W Craig Jelinek's compensation, career history, education, & memberships. Happiness rating is 76 out of 100 76. This table from the company’s most recent proxy statement shows Jelinek’s compensation for the past three years as CEO. In contrast, Walmart CEO Mike Duke made roughly $19.3 million during the same year. 4.1 out of 5 stars. James Sinegal - Costco Ceo Salary By: Kuncoro Monianda. Meet Costco's multimillionaire cofounder Jim Sinegal, a Democrat megadonor who was only paid a third of the average CEO's salary during his time leading the wholesale retailer Other executives include David Skinner, Senior Vice President, General Manager - Western Canada Region; Richard A. Galanti, Executive Vice President, Chief Financial Officer and 34 others. Snapshot; Why Join Us ; 12.1K. Find salaries. Costco is lining the wallets of its employees with even more money, but they won't get the loot unless they tough out the pandemic. Salaries at Costco Wholesale Company range from an average of $48,985 to $117,054 a year. Q&A; Interviews; Questions and Answers about Costco Wholesale CEO. Costco indexes its executive compensation to similarly-sized retailers including Wal-Mart Stores (WMT), Inc., The Home Depot, Inc. (HD), Target Corporation (TGT), The Kroger Company (KR), and Lowe’s Companies (LOW). Costco Wholesale. Recommends. Craig Jelinek, who is set to become CEO of Costco Wholesale on January 1, will be paid an annual salary of $650,000 plus a bonus of up to $200,000, according to a securities filing Monday. See all Warehouse Manager salaries to learn how this stacks up in the market. As CEO of Costco, Sinegal earned $350,000 in salary. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. 1 of 12 Costco compensates its employees well, at least by retail standards. Positive Outlook. More. Overview Overview. The Investor Relations website contains information about Costco Wholesale Corporation's business for stockholders, potential investors, and financial analysts. Jim Sinegal: Costco CEO. 4.1. Justin Sullivan/Getty Images. In addition, 82% of Costco employees would recommend the company to a friend. See how working at Walmart vs. Costco Wholesale compares on a variety of workplace factors. Costco reported a profit of $537 million last quarter, up from $394 million during the same period last year, according to the Wall Street Journal. Warehouse Manager salaries at Costco Wholesale can range from £43,854-£52,233. Costco's President, CEO is Craig Jelinek. Jobs; 1.1K. 7.6k Reviews. PayScale-reported salaries averaged close to $12 an hour for cart collectors; Costco's new minimum wage mandates that these employees now earn at least … In 2018, Jelinek's annual base salary was $800,000 as stated by The Puget Sound Business Journal. In 2012, Jelinek became the CEO of Costco. Costco: $4.9 million ($650,000 salary, $200,000 bonus, around $4 million in stock options) [Businessweek] Most Recent Quarterly Year Over Year Earnings Walmart: Up 1.1% [ Wall Street Journal ] In fact, according a 2019 Fox Business report, Costco's average hourly salary is $22.50 per hour. Costco Wholesale Company pays its employees an average of $73,415 a year. In a "Mad Money" interview, Costco CEO Craig Jelinek said "we'll always look at" paying a special dividend. Company profile for Costco Wholesale Corp. including key executives, insider trading, ownership, revenue and average growth rates. While this analysis focuses on total compensation, it’s worth acknowledging that the salary portion is lower, valued at US$934k. Average Costco Wholesale hourly pay ranges from approximately $12.96 per hour for Grocery Associate to $50.60 per hour for Food Manager. 155 Jobs. Oppenheimer upgraded Costco's stock on Tuesday. Photos; 125. All salaries and reviews are posted by employees working at Walmart vs. Costco Wholesale. Jelinek also serves on Costco Wholesale UK Ltd 's board. View detailed COST description & address. Costco is very involved in supporting the Community Safety Net via the annual United Way campaign, and the company plays a major role in helping to raise awareness of the many needs of our communities. Walmart's CEO earns as much as 796 average employees, according to CNN Money, compared to Costco's CEO making 48 times more than the company's … Get weekly updates, new jobs, and reviews. Our data indicates that Costco Wholesale Corporation has a market capitalization of US$144b, and total annual CEO compensation was reported as US$8.0m for the year to September 2019. The chain's CEO … Reviews; 2.7K. That’s a notable increase of 8.2% on last year. See the full leadership team at Craft. Costco Wholesale. Company Overview FAQ. "Costco Baker Salary" 4.0 ★ ★ ★ ★ ★ Work/Life Balance ★ ★ ★ ★ ★ Culture & Values ★ ★ ★ ★ ★ Career Opportunities ★ ★ ★ ★ ★ Compensation and Benefits ★ ★ ★ ★ ★ Senior Management ★ ★ ★ ★ ★ Former Employee - Costco Baker in Mississauga, ON. Costco Wholesale Corp. reported $6.6 million in total compensation to President and CEO Craig Jelinek for fiscal 2017, an increase of almost 2 percent over the previous year, according to … The company's new CEO Craig Jelinek makes more - … Walmart CEO Doug McMillon's total compensation was nearly $24 million during the last year as the company continued to hold its ground against Amazon and other rival retailers. Approves of CEO. Is this your company? - - 0 komentar. In 1984, Jelinek joined Costco as a warehouse manager. All Costco employees are eligible for health benefits. Employers. 1.9k Benefits. 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