COSTCO: PORTRAIT OF AN ETHICAL COMPANY! WHERE GROWTH, HEALTHY PROFIT, AND HAPPY EMPLOYEES MEET! ***************** Eighty-eight percent of Costco employees have company-sponsored health insurance. Costco workers with coverage pay premiums that amount to less than 10 percent of the overall cost of their plans. It treats its employees well in the belief that a happier work environment will result in a more profitable company. “I just think people need to make a living wage with health benefits,” says Jelinek. “It also puts more money back into the economy and creates a healthier country. It’s really that simple.” Joe Carcello has a great job. The 59-year-old has an annual salary of $52,700, gets five weeks of vacation a year, and is looking forward to retiring on the sizable nest egg in his 401(k), which his employer augments with matching funds. After 26 years at his company, he’s not worried about layoffs. In 2009, as the recession deepened, his bosses handed out raises. “I’m just grateful to come here to work every day,” he says. **************** businessweek/articles/2013-06-06/costco-ceo-craig-jelinek-leads-the-cheapest-happiest-company-in-the-world
Posted on: Wed, 04 Sep 2013 12:52:12 +0000
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