Costco to raise pay to $30 an hour after union workers threaten strike

Costco Wholesale is reportedly planning to hike pay for most of its US workers to over $30 an hour after union members threatened to strike.The retailer will boost pay for its top store employees over the next three years – increasing wages by$1 to $30.20 an hour in the first year and an extra dollar in each of the next two years, according to a memo sent to Costco staff this week.Costco’s promised pay hike also includes an increase of 50 cents, to$20 an hour, for low-scale employees, according to the mem ...