Costco Ignores Wall Street Advice to Hammer Employees « Tikun Olam-תיקון עולם: Make the World a Better Place

Costco Ignores Wall Street Advice to Hammer Employees

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3 Responses to “Costco Ignores Wall Street Advice to Hammer Employees”

Bruce Adelsohn says:

July 27, 2005 at 12:51 PM

I’m a confirmed Costco shopper. Any place where the employees are treated well and the CEO refuses to take an inordinately high salary is on my Buy list.

Have you seen this article comparing Costco’s business practices to Wal-mart’s? Very enlightening: Average worker pay, WM $9.68/hour, Costco $16.00/hour; employees covered by company health insurance, WM 48%, Costco 82%. And so on.

I Boycott Wal-mart (and Sam’s Club), patronize Costco (and BJ’s and Target) and I encourage others to do the same.

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un papier says:

July 28, 2005 at 10:31 PM

I am a reluctant Costco shopper. I still don’t like their reduced working hours and the crowd on weekends. See here a plausible explanation of their business model.

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jspot » Blog Archive » 187,000 Workers Sue Wal-Mart says:

October 14, 2006 at 5:20 PM

[...] When jspot’s Rabbi Jill Jacobs presented her teshuva to the Conservative movement’s Law Committee, essentially the question she was asking was whether or not Jewish employers should be required to live up to the higher standard of say, a Costco, or the very low standard of a Wal-Mart. I hope they will eventually agree that Judaism holds us to the higher standard. [...]

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