Costco Wholesale employs more than 273,000 people worldwide. It’s a multinational corporation, and the warehouse giant is well-known for its fair pay and employee benefits.
If you're considering applying for a job with this retailer, you may be curious about the types of benefits it offers.
We’ve done the research for you and compiled a list of the top 10 Costco benefits you need to know about.
Read on to learn about these benefits, as well as the types of jobs that are available, and how you can apply for them.
Costco Wholesale is a global company with a chain of large retail warehouses.
It sells a variety of goods at wholesale prices, including groceries, electronics, clothing, appliances, books, bedding, jewelry, fitness supplies, and home improvement. Some stores offer extra services, such as optometrists, a gas station, or tires.
Shopping at these warehouses is exclusive to those with a Costco membership. For a small annual fee, Costco membership entitles shoppers to lower prices and bulk purchases.
Costco is a U.S. company, but there are now stores in other countries such as Australia, Canada, Mexico, and the United Kingdom.
Shoppers can choose a gold star, a business, or an executive membership. Each tier has different perks and rewards.
Costco has a reputation for being a positive place to work. It’s an ethical company and doesn’t discriminate.
There are different positions available, and there’s ample opportunity for career progression. If you’re reliable, then shifts are consistent, and you’ll earn a fair wage.
Costco offers a range of benefits to both part-time and full-time employees.
Costco has a wide range of job opportunities. The company prefers to promote from within, and dedicated employees can progress to management positions.
Many of their workers begin in the warehouse, but there are other positions in logistics, eCommerce, journalism, marketing, travel, depots, accounting, human resources, and purchasing.
Some Costco stores have specialized services such as optometry, with job openings for skilled workers.
If you’re interested in becoming a Costco employee, you’ll want to find jobs in your local area.
You can start by browsing these jobs at Costco.
Working at Costco comes with benefits. Not only will you get a secure job, fair pay, and training, you’ll also get other employee perks.
Let’s take a look at the top 10 Costco employee benefits:
Costco offers affordable health insurance to both part-time and full-time employees. The healthcare coverage includes general medical, hearing aids, and mental health care. These benefits are for the entire family, including spouses, domestic partners, and children.
The health insurance policy includes prescription medicine as well. Costco employees can access pricing as low as $3 for generic medications with a 15% copay for other drugs.
If there’s an accident, Costco workers can also access short-term disability insurance.
Costco has generous 401K plans to help employees prepare for retirement. You can choose how much to contribute to your pension account from each paycheck.
Depending on what you contribute and the level of your employment, Costco will match up to 50 cents for every dollar. They’ll honor this commitment up to $500 per year.
Employees at Costco enjoy paid time off (PTO). New full-time employees can access one week of PTO after one year. After two years of working at the company, the PTO goes up to two weeks.
For those who have been working for more than five years, there are three weeks of PTO. After 10 years, it’s four weeks.
Vacation leave continues to build up over time. Long-term staff who have been there for more than 15 years will get up to five weeks of PTO, plus sick leave.
If you’ve been working at Costco for more than 90 days, they'll pay you for any public holidays. These include New Year’s Day, Easter, Martin Luther King Day, Labor Day, Independence Day, Memorial Day, Thanksgiving Day, and Christmas Day.
Both part-time and full-time employees receive this benefit.
For those who work more than 23 hours per week, Costco offers affordable dental insurance. This coverage is for both the worker and their family.
There are two plans available: the Core plan and the Premium plan. Part-time workers can only choose the Core plan.
Depending on the plan, staff may get general dental, major dental, and orthodontic treatments. Choosing in-network providers will give you the best rates.
Costco offers benefits for employees who are starting a family. Depending on the position and hours worked, paid maternity leave is between six weeks and three months.
Those in management positions receive more time off than Costco warehouse staff.
There’s also the option for paternity leave with three weeks offered to new fathers.
In addition to paid vacation leave, Costco gives its employees several paid sick days. If you’re a full-time or part-time employee, your sick days will build up every week, with a total of nine sick days per year.
Most Costco managers will ask for a medical certificate before they approve paid sick leave.
Another benefit of working at Costco is paid breaks. Most shifts are eight hours long, and employees are entitled to a 30-minute lunch break.
During the shift, there are two other breaks, both 15 minutes each.
Costco employees can take advantage of the onsite opticians that work at many of the warehouses. The company offers vision insurance with a free eye exam worth up to $60.
Plus, staff members receive $175 toward new glasses or contact lenses from any Costco store. This is available to all employees regardless of pre-existing eye conditions.
Costco offers accidental death and death insurance for employees only. The type of insurance benefits you can receive depends on how long you’ve been working there and the type of role you have.
Full-time employees who have been with the company for less than two years will receive their equivalent annual earnings. After this period, the payout will be double their annual earnings.
The maximum benefit is capped at $225,000.
Costco insures part-time workers for a maximum of $15,000.
Costco employees get the benefit of being Costco members. Each staff member receives two free Executive memberships for themselves and their partner.
They also receive two regular memberships to share with family or friends.
Plus, as a special holiday thank you, Costco employees are entitled to one free turkey every year for Thanksgiving. Some stores even let their staff shop after hours.
Costco is one of the highest-paying employers in the retail industry.
The average median wage is $38,810, while its closest competitor, Amazon, sits at $28,446. Walmart lags, with an average salary of $19,117.
While we know Costco pays fair wages, your salary will depend on a variety of factors. The job position, location, experience, and hours worked will all have an impact on your take-home pay.
Wages range between $9.38 per hour and $17.31 per hour in the U.S.
As an example of how rates can vary, let’s look at cashiers.
The salary for a cashier in California sits between $15 and $17 per hour. The average hourly rate for a cashier in Florida is about $14.58.
Regardless of where you start, there’s the opportunity for career advancement and pay increases. For example, you could start in warehouse distribution and progress to management.
If you want to apply for a job at Costco, you’ll need to decide which location is closest to you. To see what roles are currently available in your area, check out these Costco jobs.
Costco doesn’t discriminate and is an equal-opportunity employer. They may offer you accommodation during the application process.
You can create a profile on the Costco.com job seeker website and complete an application. You’ll need your full name, email address, password, address, phone number, and a summary of your work history. Depending on the job, you may need to provide certifications.
You can apply to a specific store or for a particular position. Before clicking apply, read the job description carefully to make sure you’re a good fit. If there are no positions available, your application will stay on file for 90 days.
If your application progresses to the next stage, you’ll need to attend an interview. You will also need to pass a drug test before Costco offers a position.
Costco Wholesale sells everything from toilet paper to chainsaws. It could be the retail chain for you if you want to work for a fast-paced company with fair pay and advancement opportunities.
Working at Costco will give you a range of benefits. The top 10 benefits on our list include health insurance, 401K plans, paid time off, dental insurance, vision insurance, sick pay, maternity and paternity leave, paid breaks, life insurance, and free membership cards.
We gave you examples of how much you can earn and showed you how to apply online.
Both current and former employees rate Costco as a great place to work. What are you waiting for?
If you want to browse jobs in your area, check hiring opportunities on our job search engine today.