Hourly workers at Costco received a raise on Monday.
CEO Ron Vachris informed employees that all service assistants, service clerks, and meat cutters in the U.S., Puerto Rico, and Canada would receive a $1 per hour pay bump, per an internal memo viewed by Business Insider.
Related: How to Claim Cash: Costco’s $2 Million Class Action Lawsuit
The increase brings the lowest wage for hourly workers to $19.50 per hour, something Vachris said was part of the company’s “continuing efforts to ensure our hourly wages remain highly competitive in the industry.”
The new rates will be effective on July 22 and will affect all hourly workers regardless of where they land on
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