The Street: Costco's Secret is in Plain Sight
By Dana Blakenhorn
The Street, May 29, 2014
Costco's secret is that it continues to profit even though it pays wages that satisfy its employees. More proof came in the latest Glassdoor survey. Its list of the 25 best companies based on compensation listed Google at No. 1 and Facebook at No. 3. Costco was No. 2 and was the only retailer on the list. That doesn't mean Costco pays as much as Google. The results are based on surveys of employees. It means Costco employees are nearly as satisfied with their treatment as those at Google...