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SomethingFishy

(4,876 posts)

20. Costco also has a cap on CEO and upper management pay..

Sat Nov 24, 2012, 02:15 PM

Nov 2012

When you don't spend millions upon millions in bonuses for upper management it's amazing how well you can treat your employees.

I use Costco "Executive Membership" it's $100 for a year but every year you get a check back for 2% of your purchases. I'm feeding 6 people so by the end of the year the 2% covers my membership plus a weeks worth of free groceries. I cannot recommend them enough.

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Costco vs. Walmart - Lessons from investing in employees [View all] spedtr90 Nov 2012 OP

K&R 99Forever Nov 2012 #1

Very interesting etherealtruth Nov 2012 #2

When treating US workers like slaves doesn't work... primavera Nov 2012 #7

That seems to be the SOP for jobs that can be outsourced etherealtruth Nov 2012 #17

The core problem is captured in a line from the villain in the [i]Superman III[/i] movie. tblue37 Nov 2012 #23

You hit the nail on the head jmondine Nov 2012 #24

Wow... svpadgham Nov 2012 #36

Why wouldn't they. It's a fun movie. nt tblue37 Nov 2012 #42

When we go to Costco, the workers seem genuinely happy AllyCat Nov 2012 #3

i feel the worker despair at wal mart. this whole roguevalley Nov 2012 #6

Its not just walmart though, the majority of the retail industry could do with learning to treat cstanleytech Nov 2012 #29

i never hear them grumbling, either. mopinko Nov 2012 #13

Yes, the hopelessness of Walmart employees is palpable. David__77 Nov 2012 #27

Article compares Costco with Wal-Mart’s Sam’s Club not other Wal-Mart stores. "Lessons for leaders" jody Nov 2012 #4

All work is boring if you do it long enough. Arctic Dave Nov 2012 #5

I understand, I think, where you are coming from. pangaia Nov 2012 #9

Yes, I think you understand my meaning. Arctic Dave Nov 2012 #16

Yes, a great film. pangaia Nov 2012 #22

But isn't it cheaper to buy a Congress who'll pass laws that protect your money? nt valerief Nov 2012 #8

CostCo sees employees as partners, assets, and resources. TahitiNut Nov 2012 #10

+1,000 to what you said. freshwest Nov 2012 #21

I had a terrible experience at the Hellmart near me. SCRUBDASHRUB Nov 2012 #30

I wouldn't shop there if I were paid to. TahitiNut Nov 2012 #32

This nails it. SheilaT Nov 2012 #11

What is value? How is real value shared? nt patrice Nov 2012 #12

What's Costco? DreWId Nov 2012 #14

Costco is a membership warehouse club. nilram Nov 2012 #18

It's such simple common sense. Really! Voice for Peace Nov 2012 #15

Have always heard good things about Costco. xfundy Nov 2012 #19

Costco rocks. SCRUBDASHRUB Nov 2012 #31

Costco also has a cap on CEO and upper management pay.. SomethingFishy Nov 2012 #20

HUGE K & R !!! WillyT Nov 2012 #25

@Voice For Peace luv_mykatz Nov 2012 #26

K&R Heathen57 Nov 2012 #28

lesson: you can be rich, or you can be super-rich. don't just extract profit HiPointDem Nov 2012 #33

Dont be naive. The only way to do that is to tax them much higher. ErikJ Nov 2012 #35

i think you misread. HiPointDem Nov 2012 #37

Trader Joe's too ErikJ Nov 2012 #34

Walmart's policies involve methods of control and manipulation of employees, Fire Walk With Me Nov 2012 #38

I used to work at Amazon.com a few years back Victor_c3 Nov 2012 #39

I Would Gladly Shop At Costco If One Was Available - Closest Store Is 85 Miles Away cantbeserious Nov 2012 #40

Costco treats their employees well davidpdx Nov 2012 #41