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Costco CEO Doesn’t Get Lindsey Graham’s Problem With A $15 Minimum Wage – HuffPost

Costco is upping its minimum pay to $16 an hour because “paying employees good wages makes sense,” W. Craig Jelinek told the Senate Budget Committee.



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Sen. Lindsey Graham (R-S.C.) on Thursday found himself to the right even of the chief executive of a major corporation as the two debated a $15 minimum wage.
Costco CEO W. Craig Jelinek couldn’t quite get why Graham was arguing about the higher wage — perhaps because Costco is preparing to up its own minimum wage to $16 an hour starting next week. The company, which employs 180,000 workers, paid $15 an hour back in 2019, and more than half of the workers are now earning $25 an hour.
The increase…

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