Good Business Practices
By Restless
|
Sams Club |
Costco |
|
| Generally… | Poor Labor Relations; High Turnover; Low or No Benefits | Strong Labor Relations; Very Low Turnover; Liberal Benefits |
| CEO Salary 2005 | $17,543,739 (H. Lee Scott, Jr.) | $350,000 (co-founder Jim Sinegal) |
| Ratio to Average Employee Salary |
871 |
10.5 |
| Average Hourly Wage |
$9.98 |
$16.00 |
| Number of Employees | 102,000 | 68,000 |
| Total Sales 2004 | $34 billion | $35 billion |
Costco CEO Jim Senegal has said: “We pay much better than Wal-Mart. That’s not altruism. It’s good business.”
Visit Wake-Up Wal-mart for more details.