In response to the pay increase, Costco CEO Ron Vachris stated, "With these changes, we believe our hourly wages and benefits will continue to far outpace others in the retail industry." Despite the wage hike, the possibility of a strike remains uncertain. The union acknowledges the increase as progress but argues that it does not fully address their concerns. Today, Jan. 31, 2025, marks the final round of contract negotiations.
#costco #union #unionizing #teamsters Credits: Lindsey Nicholson/UCG/Universal Images Group via Getty Images, Pexel