Costco to boost its minimum wage to $14 an hour
The retail chain, second only to Walmart Inc. in terms of U.S. sales, said it would increase its starting hourly wages by $1 to $14 or $14.50 an hour.
This archive tracks meaningful progress on minimum wage policy — from landmark wage increases and living-wage legislation to the research and worker advocacy behind them. Coverage spans local, national, and international developments that show what’s possible when lawmakers, businesses, and communities act.
The retail chain, second only to Walmart Inc. in terms of U.S. sales, said it would increase its starting hourly wages by $1 to $14 or $14.50 an hour.
Minimum wage workers in 18 states will get a pay hike next week when higher wage floors go into effect around the country for 2018.
South Korea’s minimum wage is set to increase next year by 16 percent, the biggest jump since 2001.
Colorado’s minimum wage got a voter-approved lift in November 2016, when Amendment 70 passed with about 55 percent support. The measure raised the state’s hourly floor from $9.30 to $12 by 2020, rising 90 cents each year, and tied future increases to inflation — a quiet structural shift with real weight for low-wage workers.
Washington state voters approved Initiative 1433 on Election Night 2016, raising the minimum wage from $9.47 to $13.50 over four years and guaranteeing paid sick leave for the first time statewide. Roughly 60 percent backed the measure, tying future wages to inflation so their value wouldn’t quietly erode over time.