[Originally posted on goofyblog 3.5.07]
Costco CEO Jim Senegal has said: “We pay much better than Wal-Mart. That’s not altruism. It’s good business.”
Visit Wake-Up Wal-mart for more details.
Sams Club
|
Costco
| |
| Generally… | Poor Labor Relations; High Turnover; Low or No Benefits | Strong Labor Relations; Very Low Turnover; Liberal Benefits |
| CEO Salary 2005 | $17,543,739 (H. Lee Scott, Jr.) | $350,000 (co-founder Jim Sinegal) |
| Ratio to Average Employee Salary |
871
|
10.5
|
| Average Hourly Wage |
$9.98
|
$16.00
|
| Number of Employees | 102,000 | 68,000 |
| Total Sales 2004 | $34 billion | $35 billion |
Costco CEO Jim Senegal has said: “We pay much better than Wal-Mart. That’s not altruism. It’s good business.”
Visit Wake-Up Wal-mart for more details.
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