tag:blogger.com,1999:blog-9827454.post115565752635316869..comments2023-10-23T12:23:54.134-05:00Comments on Larry James' Urban Daily: Unequal pay in the U. S. A.Larry Jameshttp://www.blogger.com/profile/06124477733714017000noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-9827454.post-1155818804559010352006-08-17T07:46:00.000-05:002006-08-17T07:46:00.000-05:00Thank you Larry. I don't know if you've ever seen...Thank you Larry. I don't know if you've ever seen or read anything regarding the CEO of Costco - Jim Sinegal. Costco pays its workers MORE than suggested union wages - with the average hourly worker making $17/hour. CEO Sinegal's pay is only $300,000 a year and he appears to truly care deeply about every employee. Who hates this structure? Certainly not the workers, Costco has a very low turnover rate by industry standards. Many investors like it because they want to be a part of a caring company. Who really hates this pay scale of Costco is Wall Street. They hammer Costco because they should be paying their employees less and giving more profits to shareholders.KentFhttps://www.blogger.com/profile/15085780221762105706noreply@blogger.com