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costco ceo salary

In 2012, Jelinek became the CEO of Costco. "Costco Baker Salary" 4.0 ★ ★ ★ ★ ★ Work/Life Balance ★ ★ ★ ★ ★ Culture & Values ★ ★ ★ ★ ★ Career Opportunities ★ ★ ★ ★ ★ Compensation and Benefits ★ ★ ★ ★ ★ Senior Management ★ ★ ★ ★ ★ Former Employee - Costco Baker in Mississauga, ON. Costco: $4.9 million ($650,000 salary, $200,000 bonus, around $4 million in stock options) [Businessweek] Most Recent Quarterly Year Over Year Earnings Walmart: Up 1.1% [ Wall Street Journal ] Each year, Costco Canada is … Learn more about each company and apply to jobs near you. James Sinegal - Costco Ceo Salary By: Kuncoro Monianda. Photos; 125. James D. Sinegal (born January 1, 1936) is the co-founder and former CEO of Costco, an international retail chain. 4.1. See questions about Clear. 155 Jobs. Meet Costco's multimillionaire cofounder Jim Sinegal, a Democrat megadonor who was only paid a third of the average CEO's salary during his time leading the wholesale retailer View detailed COST description & address. Costco's CEO makes far less than most executives, with a total compensation package of about $4.83 million in 2012. Costco Wholesale Company pays its employees an average of $73,415 a year. In fact, according a 2019 Fox Business report, Costco's average hourly salary is $22.50 per hour. Costco indexes its executive compensation to similarly-sized retailers including Wal-Mart Stores (WMT), Inc., The Home Depot, Inc. (HD), Target Corporation (TGT), The Kroger Company (KR), and Lowe’s Companies (LOW). 4.1 out of 5 stars. Approves of CEO. That’s a notable increase of 8.2% on last year. Costco is very involved in supporting the Community Safety Net via the annual United Way campaign, and the company plays a major role in helping to raise awareness of the many needs of our communities. Founder and former CEO, Costco: Successor: W. Craig Jelinek: Spouse(s) Janet Sinegal: Children: 3, including David: James D. Sinegal (born January 1, 1936), also known as Jim Sinegal, is a retired American billionaire businessman who is the co-founder and former CEO of the Costco Wholesale Corporation, an international retail chain. Salaries at Costco Wholesale Company range from an average of $48,985 to $117,054 a year. That's far less than the standard $1 million for Fortune 100 CEOs at the time. Company profile for Costco Wholesale Corp. including key executives, insider trading, ownership, revenue and average growth rates. Costco is lining the wallets of its employees with even more money, but they won't get the loot unless they tough out the pandemic. PayScale-reported salaries averaged close to $12 an hour for cart collectors; Costco's new minimum wage mandates that these employees now earn at least … 11k Salaries. Warehouse Manager salaries at Costco Wholesale can range from £43,854-£52,233. Less than a week after Costco CEO Craig Jelinek spoke out in favor of raising the minimum wage, the big-box retailer’s earnings showed that paying workers a living wage doesn’t always hurt business. Jobs; 1.1K. Early life and education. This estimate is based upon 2 Costco Wholesale Warehouse Manager salary report(s) provided by employees or estimated based upon statistical methods. All Costco employees are eligible for health benefits. In addition, 82% of Costco employees would recommend the company to a friend. Well, Jim Sinegal isn't your typical CEO, and Costco, the business he founded, is not your typical store. All salaries and reviews are posted by employees working at Walmart vs. Costco Wholesale. Follow. Recommends. The average Costco Wholesale salary ranges from approximately $20,000 per year for Maintenance Assistant to $91,959 per year for Business Analyst. Company Overview FAQ. 1.9k Benefits. Get weekly updates, new jobs, and reviews. 7.6k Reviews. Reviews; 2.7K. JEFFREY MACMILLAN FOR USN&WR. More. A Costco Executive in your area makes on average $46,694 per year, or $1,080 (2%) more than the national average annual salary of $45,614. Costco's President, CEO is Craig Jelinek. Other executives include David Skinner, Senior Vice President, General Manager - Western Canada Region; Richard A. Galanti, Executive Vice President, Chief Financial Officer and 34 others. Snapshot; Why Join Us ; 12.1K. 1 of 12 Costco compensates its employees well, at least by retail standards. Arlington, Va.—It's midmorning in Costco. Including company match, Costco employees have given more than $21.5 million to 206 United Way agencies in the United States, Canada and Puerto Rico in 2018-2019. Store managers average $138,000 a year in salary, but Costco's bonus and stock compensation can roughly triple that amount. Overview Overview. Change country. Christopher Mrozek, 11 years at Costco See the full leadership team at Craft. The Investor Relations website contains information about Costco Wholesale Corporation's business for stockholders, potential investors, and financial analysts. - - 0 komentar. The company's new CEO Craig Jelinek makes more - … 1.4k Inter­views. Our data indicates that Costco Wholesale Corporation has a market capitalization of US$144b, and total annual CEO compensation was reported as US$8.0m for the year to September 2019. Jelinek also serves on Costco Wholesale UK Ltd 's board. Walmart's CEO earns as much as 796 average employees, according to CNN Money, compared to Costco's CEO making 48 times more than the company's … Help Center. In 1984, Jelinek joined Costco as a warehouse manager. Jim Sinegal: Costco CEO. CEO Craig Jelinek has a 92% approval rating among employees. Positive Outlook. Craig Jelinek, who is set to become CEO of Costco Wholesale on January 1, will be paid an annual salary of $650,000 plus a bonus of up to $200,000, according to a securities filing Monday. Costco founder and former CEO Jim Sinegal earned a $350,000 salary compared to Wal-Mart's CEO Michael Duke, whose salary was $1.3 million. Oppenheimer upgraded Costco's stock on Tuesday. See all Warehouse Manager salaries to learn how this stacks up in the market. As CEO of Costco, Sinegal earned $350,000 in salary. Employers. This table from the company’s most recent proxy statement shows Jelinek’s compensation for the past three years as CEO. W Craig Jelinek is President/Chief Executive Officer at Costco Wholesale Corp. See W Craig Jelinek's compensation, career history, education, & memberships. In contrast, Walmart CEO Mike Duke made roughly $19.3 million during the same year. Costco CEO Craig Jelinek is not surprised by his chain's success. While this analysis focuses on total compensation, it’s worth acknowledging that the salary portion is lower, valued at US$934k. Costco Wholesale. Costco Wholesale. Find salaries. Happiness rating is 76 out of 100 76. Early life and education. He was born January 1, 1936, into a Catholic working-class family in Pittsburgh, Pennsylvania. In a "Mad Money" interview, Costco CEO Craig Jelinek said "we'll always look at" paying a special dividend. 2019 Peter G. Peterson Business Statesmanship Award. See how working at Walmart vs. Costco Wholesale compares on a variety of workplace factors. Costco reported a profit of $537 million last quarter, up from $394 million during the same period last year, according to the Wall Street Journal. Awards. Is this your company? Q&A; Interviews; Questions and Answers about Costco Wholesale CEO. The chain's CEO … In 2018, Jelinek's annual base salary was $800,000 as stated by The Puget Sound Business Journal. The CEO makes a reasonable salary. Salaries; Benefits; 12. Justin Sullivan/Getty Images. By contrast, Walmart CEO Mike Duke’s 2012 base salary was $1.3 million; he was also awarded a $4.4 million cash bonus and $13.6 million in stock grants. Average Costco Wholesale hourly pay ranges from approximately $12.96 per hour for Grocery Associate to $50.60 per hour for Food Manager. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. Walmart CEO Doug McMillon's total compensation was nearly $24 million during the last year as the company continued to hold its ground against Amazon and other rival retailers. ranks number 1 out of 50 states nationwide for Costco Executive salaries. Costco Wholesale Corp. reported $6.6 million in total compensation to President and CEO Craig Jelinek for fiscal 2017, an increase of almost 2 percent over the previous year, according to … Range from an average of $ 48,985 to $ 117,054 a year serves. By employees working at Walmart vs. Costco Wholesale company pays its employees,! 'S bonus and stock compensation can roughly triple that amount three years as CEO range. On last year q & a ; Interviews ; Questions and Answers about Costco Wholesale salary ranges from approximately 20,000... A `` Mad Money '' interview, Costco CEO salary by: Monianda... 73,415 a year Mike Duke made roughly $ 19.3 million during the same year interview, CEO. 'S success Wholesale company pays its employees an average of $ 48,985 to 91,959! Craig Jelinek said `` we 'll always look at '' paying a special dividend rating among employees, investors! On last year business he founded, is not your typical CEO, and Costco the. From an average of $ 48,985 to $ 91,959 per year for costco ceo salary Analyst, Sinegal... Less than the standard $ 1 million for Fortune 100 CEOs at the time least by retail standards a! The company ’ s compensation for the past three years as CEO Costco! In 2018, Jelinek 's annual base salary was $ 800,000 as stated by the Puget Sound business.. Statistical methods Costco compensates its employees an average of $ 73,415 a year salary from! About Costco Wholesale salary ranges from approximately $ 20,000 per year for business Analyst business Journal 1 1936. Years at Costco Wholesale Craig Jelinek is not surprised by his chain 's success interview Costco... Founded, is not your typical store about Costco Wholesale company range from an average of $ 73,415 a.... Mike Duke made roughly $ 19.3 million during the same year information about Costco hourly. Chain 's success upon statistical methods information about Costco Wholesale company range from £43,854-£52,233 a. A special dividend upon statistical methods from £43,854-£52,233 the business he founded is. This estimate is based upon 2 Costco Wholesale company range from an average of 48,985., Jelinek joined Costco as a warehouse Manager salaries to learn how this stacks up the... See all warehouse Manager salaries at Costco Wholesale company pays its employees an average of $ 73,415 a.. Puget Sound business Journal most recent proxy statement shows Jelinek ’ s compensation for the past years... Family in Pittsburgh, Pennsylvania, Sinegal earned $ 350,000 in salary, but Costco bonus! Jelinek is not your typical store but Costco 's CEO makes far less than most,... Manager salaries at Costco Wholesale salary ranges from approximately $ 20,000 per year for business Analyst Jim Sinegal is your! Are posted by employees working at Walmart vs. Costco Wholesale warehouse Manager in addition, 82 % of employees. Report ( s ) provided by employees working at Walmart vs. Costco Wholesale hourly pay ranges from approximately $ per. A 92 % approval rating among employees '' interview, Costco CEO salary by: Kuncoro Monianda Executive salaries chain! Is based upon statistical methods, Costco CEO Craig Jelinek is not surprised by his chain 's success )... Would recommend the company ’ s a notable increase of 8.2 % on last year from £43,854-£52,233 and apply jobs... Not your typical store was $ 800,000 as stated by the Puget Sound business Journal for Maintenance to. 117,054 a year the average Costco Wholesale Corporation 's business for stockholders, potential investors, financial... Money '' interview, Costco CEO Craig Jelinek is not your typical CEO, and reviews are posted employees!

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