Sam's Club raises starting wage to $16/hr from Nov 2, 2023, for 100,000 employees, competing with Costco's $19.50 minimum wage.

Sam's Club, a Walmart subsidiary, is raising its starting wage from $15 to $16 per hour effective November 2, 2023, to enhance worker retention and compete with Costco's $19.50 minimum wage. The increase will affect nearly 100,000 employees, with raises ranging from 3% to 6% based on tenure. This initiative aims to foster a stable workforce and improve customer service amid rising retail industry wages.

September 17, 2024
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