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. Justin Sullivan/Getty Images. Costco Wholesale. Overview Overview. Jobs; 1.1K. Early life and education. Photos; 125. Approves of CEO. Each year, Costco Canada is … In 2018, Jelinek's annual base salary was $800,000 as stated by The Puget Sound Business Journal. See the full leadership team at Craft. The chain's CEO … The company's new CEO Craig Jelinek makes more - … Salaries; Benefits; 12. All Costco employees are eligible for health benefits. Costco's President, CEO is Craig Jelinek. View detailed COST description & address. ranks number 1 out of 50 states nationwide for Costco Executive salaries. 2019 Peter G. Peterson Business Statesmanship Award. That's far less than the standard $1 million for Fortune 100 CEOs at the time. 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. 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. Well, Jim Sinegal isn't your typical CEO, and Costco, the business he founded, is not your typical store. Warehouse Manager salaries at Costco Wholesale can range from £43,854-£52,233. W Craig Jelinek is President/Chief Executive Officer at Costco Wholesale Corp. See W Craig Jelinek's compensation, career history, education, & memberships. Company Overview FAQ. 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. Is this your company? Q&A; Interviews; Questions and Answers about Costco Wholesale CEO. As CEO of Costco, Sinegal earned $350,000 in salary. 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). The CEO makes a reasonable salary. Get weekly updates, new jobs, and reviews. He was born January 1, 1936, into a Catholic working-class family in Pittsburgh, Pennsylvania. Oppenheimer upgraded Costco's stock on Tuesday. Jim Sinegal: Costco CEO. Costco Wholesale Company pays its employees an average of $73,415 a year. See all Warehouse Manager salaries to learn how this stacks up in the market. Christopher Mrozek, 11 years at Costco Salaries at Costco Wholesale Company range from an average of $48,985 to $117,054 a year. Jelinek also serves on Costco Wholesale UK Ltd 's board. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. In contrast, Walmart CEO Mike Duke made roughly $19.3 million during the same year. 1.9k Benefits. Arlington, Va.—It's midmorning in Costco. CEO Craig Jelinek has a 92% approval rating among employees. Recommends. See questions about Clear. Average Costco Wholesale hourly pay ranges from approximately $12.96 per hour for Grocery Associate to $50.60 per hour for Food Manager. See how working at Walmart vs. Costco Wholesale compares on a variety of workplace factors. 1.4k Inter­views. JEFFREY MACMILLAN FOR USN&WR. Find salaries. This table from the company’s most recent proxy statement shows Jelinek’s compensation for the past three years as CEO. Snapshot; Why Join Us ; 12.1K. 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. Positive Outlook. 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. The Investor Relations website contains information about Costco Wholesale Corporation's business for stockholders, potential investors, and financial analysts. Costco Wholesale. 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. 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 … 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. Employers. 4.1. In fact, according a 2019 Fox Business report, Costco's average hourly salary is $22.50 per hour. 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 Happiness rating is 76 out of 100 76. "Costco Baker Salary" 4.0 ★ ★ ★ ★ ★ Work/Life Balance ★ ★ ★ ★ ★ Culture & Values ★ ★ ★ ★ ★ Career Opportunities ★ ★ ★ ★ ★ Compensation and Benefits ★ ★ ★ ★ ★ Senior Management ★ ★ ★ ★ ★ Former Employee - Costco Baker in Mississauga, ON. Company profile for Costco Wholesale Corp. including key executives, insider trading, ownership, revenue and average growth rates. Costco CEO Craig Jelinek is not surprised by his chain's success. In 1984, Jelinek joined Costco as a warehouse manager. 11k Salaries. Change country. In a "Mad Money" interview, Costco CEO Craig Jelinek said "we'll always look at" paying a special dividend. Costco's CEO makes far less than most executives, with a total compensation package of about $4.83 million in 2012. The average Costco Wholesale salary ranges from approximately $20,000 per year for Maintenance Assistant to $91,959 per year for Business Analyst. Follow. 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. In addition, 82% of Costco employees would recommend the company to a friend. 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 … - - 0 komentar. 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. 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. 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 … More. In 2012, Jelinek became the CEO of Costco. All salaries and reviews are posted by employees working at Walmart vs. Costco Wholesale. 1 of 12 Costco compensates its employees well, at least by retail standards. 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. Learn more about each company and apply to jobs near you. Store managers average $138,000 a year in salary, but Costco's bonus and stock compensation can roughly triple that amount. Help Center. That’s a notable increase of 8.2% on last year. 7.6k Reviews. Early life and education. James Sinegal - Costco Ceo Salary By: Kuncoro Monianda. Awards. Reviews; 2.7K. This estimate is based upon 2 Costco Wholesale Warehouse Manager salary report(s) provided by employees or estimated based upon statistical methods. 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 ] James D. Sinegal (born January 1, 1936) is the co-founder and former CEO of Costco, an international retail chain. 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