We always strive to be the best in the wage package.
From James Sinegal
We are a company that promotes 100% within the company.
We would rather have our employees running our business.
We've always been in favor of improved wages for workers. When you have a strong middle class, they want to buy more stuff at Costco.
You don't have a very motivated working class, it starts to affect the dynamics of the economy. If workers are disenchanted and disenfranchised, productivity losses will go along with that.
You take an educated gamble. If you don't occasionally make a mistake, you're not doing your job.
I say at our management conferences that the amount Wal-Mart grows in just one year is the equivalent of Costco's size.
Obscene salaries send the wrong message through a company.
The message is that all brilliance emanates from the top; that the worker on the floor of the store or the factory is insignificant.
I think that most of the people running companies today are motivated and pay is a small portion of the motivation.
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