12-03-2015, 05:16 AM
You simply cannot compare Costco to Walmart. They are completely different business models.
The typical Walmart worker would most likely, never be hired to begin with, at Costco. With that in mind, isn't Walmart doing us all a big favor by hiring people that are:
a. New to the workforce
b. Otherwise unemployable by higher-end businesses
c. Giving those same people a chance to learn and move up
PS - You mentioned CEO pay. Base pay is a small portion of it. Here are the facts on Costco's CEO TOTAL compensation:
http://insiders.morningstar.com/trading/...ion?t=COST
The typical Walmart worker would most likely, never be hired to begin with, at Costco. With that in mind, isn't Walmart doing us all a big favor by hiring people that are:
a. New to the workforce
b. Otherwise unemployable by higher-end businesses
c. Giving those same people a chance to learn and move up
PS - You mentioned CEO pay. Base pay is a small portion of it. Here are the facts on Costco's CEO TOTAL compensation:
http://insiders.morningstar.com/trading/...ion?t=COST