‘A stick and a carrot at the same time’: Why Costco pays twice the market rate

Posted by & filed under International Business, Management, Organizational Behavior.

Description: The business case for Costco’s high wages

Source: FinancialPost.com

Date: Oct 30, 2014

Link: http://business.financialpost.com/2014/10/30/a-stick-and-a-carrot-at-the-same-time-why-costco-pays-twice-the-market-rate/

Questions for Discussions:

  • What does the report say about the Costco relationship with employees.
  • How important is pay to an employee?
  • Why is the Costco approach being recognized as a model to follow by some but not by all business leaders?