Costco has always been known as a remarkable place to work, specifically for part-time employees. But I believed it was time to take a deep dive into exactly what employee advantages and discounts Costco presents their workers. Perks that just might rock your decision one way or another when selecting to interview or accept a job offer.
What is Costco?
Costco Wholesale is a international company with a chain of large retail storehouses.
It sells a variety of goods at wholesale costs, including groceries, electronics, beauty items, clothing, devices, books, bedding, jewelry, tires, fitness supplies, and home modification. Many of these are brand-name items.
Shopping at these warehouses is only to those with a Costco membership. But when you work for Costco, you’ll acquire a free executive membership card — letting you to take advantage of the store’s low prices.
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What types of jobs are available at Costco?
Costco has a broad range of job prospects. The company chooses to promote from within, and committed employees can move to management positions.
Costco hires full-time, part-time, and seasonal employees. Most employees start off working part-time or seasonal hours in the warehouse, but with difficult work and commitment, many of them easily move to full-time hours within the company.
In addition to warehouse jobs, Costco presents positions in logistics, eCommerce, journalism, marketing, travel, human resources,depots, accounting, and purchasing.
And that’s not all. Some Costco stores also employ optometrists, apothecaries, and hearing aid experts. If you have a degree in one of these areas, think setting up shop at your local Costco.
Why should you apply to work at Costco?
If you’ve ever shopped at Costco, you understand how careful and helpful their employees are to customers. Undoubtedly, Costco has a reputation for being a favorable place to work. It’s an honest company and doesn’t discriminate.
Employees can predict a positive company culture and supportive team environment at Costco. Assuming that 44% of American employees report experiencing high stress levels at work, having supportive colleagues and a wonderful work environment can seriously reduce work stress.
But how does the Costco Wholesale company maintain its positivity, values, and reputation? The answer is competitive employee advantages.
After an initial introductory period, part-time and full-time employees are suitable for select benefits. Relying upon your position, you’ll be able to register for health insurance, 401K plans, and paid time off (PTO).
Few companies present insurance or benefits for part-time workers, so this perk sets Costco separated from other retail companies.
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Employee Discounts and Perks
As an employee of Costco, one can relish various discounts and perks. Costco delivers its employees with a membership card, letting them to shop at Costco warehouses and enjoy exclusive discounts on a diverse range of products. Additionally, Costco partners with different companies to present its employees exclusive discounts on travel, entertainment, and other services. These advantages aren’t just limited to employees; their close family members also reap the rewards, improving their overall quality of life.
Here is a list of some different perks that are available to Costco employees:
- Free memberships to the store for employees and their buddies and family
- First dibs on hot-ticket items and deal items
- Complimentary Thanksgiving turkey
- Complete employee shopping hours
- Seasonal work choices
- Complimentary executive membership
- Numerous yearly bonuses
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Benefits that the company offers its employees.
Above minimum pay salary
It pays to work at Costco. As of October 2021, the beginning salary for service assistants is $17 per hour and service clerks make $18 per hour. More technical roles at the optical center and drugstore earn more than $25 per hour on average. That’s above a $15 minimum pay, which is becoming the latest national baseline.
Promotion chances
While many jobs at Costco are entry level, employees aren’t limited to that role. Staff have several options to advance in their different departments. Reports on Certainly and Glassdoor mention an employee mentorship program and possibilities to train and learn new roles higher up in the company.
Free memberships to the store
Yes, that is plural. Costco has ton of savings, but first customers must spend to become a member. Membership itself begins at $60 per year. While that’s not elegant when stretched out over 365 days, it’s still an upfront cost before a single item is purchased.
Although Costco employees don’t get discounts on items in each store, all employees do get four complimentary memberships, one for themselves and three for people of their choice. Each membership is good for a year.
Health insurance
Costco delivers affordable health insurance to its part- and full-time employees.
These health advantages include general medical, hearing aids,hospital cover, and mental health care. These advantages are for the whole family, including partners, domestic partners, and children.
Keep in mind that the more people you add to your insurance plan, the better you’ll pay. These costs are typically taken out of your paycheck.
The health insurance policy contains prescription medicine. Costco employees can access pricing as low as $3 for generic medications with a 15% copay for other medications.
If you are injured in an misfortune, Costco offers access to short-term disability insurance.
Extra pay on Sundays
Base wage at Costco is good, but there are weekly opportunities for employees to make more. Costco works on a time-and-a-half pay structure on Sundays. That means each hour an employee works they earn 50% more. No issue how many hours an employee works during the week, they earn better per hour when working on a Sunday. So any employees you see there on one of the most active days of the week are earning extra.
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Sick days
In addition to expended vacation leave, Costco gives its employees semanyveral paid sick days. If you’re a full-time or part-time employee, your sick days will construct up every week, with a total of nine sick days per year.
Most Costco managers will request for a medical certificate before they agree paid sick leave.
Providing medical notes will aid secure your position at your local Costco. Recall, Costco prefers encouraging existing employees over hiring new people for management jobs. Periodic call-outs without medical documentation can hurt your standing.
Retirement options
Speaking of additional advantages, there are bonuses available for employees paid both yearly and every six months. Reports on Indeed.com say bonuses of $2,000 or more semi-annually, relying on how long an employee has been with the company. The annual bonuses may be even higher, again relying on experience and department.
Bottom line
Costco offers ton of immediate and long-term advantages to its employees. Anyone regarding applying for a job at Costco should take into consideration all that the store offers, even if it’s only for a seasonal job around the holidays. Looking to see what places are hiring? The company’s careers page is regularly updated with unique roles.
However of where you look for work, job hunters should keep some standard red flags about new jobs in mind as they talk to a possible employer. But taking into consideration salary, advantages, and company culture can help you find the most suitable jobs for your situation.