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costco ceo salary

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July 8, 2013

costco ceo salary

JEFFREY MACMILLAN FOR USN&WR. 4.1 out of 5 stars. All salaries and reviews are posted by employees working at Walmart vs. Costco Wholesale. Is this your company? 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. 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. See the full leadership team at Craft. Company Overview FAQ. 1.9k Benefits. Jobs; 1.1K. Approves of CEO. 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 … All Costco employees are eligible for health benefits. 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. ranks number 1 out of 50 states nationwide for Costco Executive salaries. Costco's CEO makes far less than most executives, with a total compensation package of about $4.83 million in 2012. 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. Positive Outlook. Each year, Costco Canada is … As CEO of Costco, Sinegal earned $350,000 in salary. Q&A; Interviews; Questions and Answers about Costco Wholesale CEO. 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. 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 … The Investor Relations website contains information about Costco Wholesale Corporation's business for stockholders, potential investors, and financial analysts. Overview Overview. 2019 Peter G. Peterson Business Statesmanship Award. 155 Jobs. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. Salaries; Benefits; 12. Costco Wholesale. This table from the company’s most recent proxy statement shows Jelinek’s compensation for the past three years as CEO. 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 … Get weekly updates, new jobs, and reviews. That's far less than the standard $1 million for Fortune 100 CEOs at the time. CEO Craig Jelinek has a 92% approval rating among employees. Costco Wholesale Company pays its employees an average of $73,415 a year. That’s a notable increase of 8.2% on last year. In fact, according a 2019 Fox Business report, Costco's average hourly salary is $22.50 per hour. Awards. Snapshot; Why Join Us ; 12.1K. Store managers average $138,000 a year in salary, but Costco's bonus and stock compensation can roughly triple that amount. Salaries at Costco Wholesale Company range from an average of $48,985 to $117,054 a year. Early life and education. Justin Sullivan/Getty Images. Company profile for Costco Wholesale Corp. including key executives, insider trading, ownership, revenue and average growth rates. Photos; 125. Oppenheimer upgraded Costco's stock on Tuesday. Follow. The CEO makes a reasonable salary. 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). See questions about Clear. 4.1. Jim Sinegal: Costco CEO. The average Costco Wholesale salary ranges from approximately $20,000 per year for Maintenance Assistant to $91,959 per year for Business Analyst. 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. 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 ] In 1984, Jelinek joined Costco as a warehouse manager. Costco Wholesale. In addition, 82% of Costco employees would recommend the company to a friend. In 2012, Jelinek became the CEO of Costco. 1.4k Inter­views. This estimate is based upon 2 Costco Wholesale Warehouse Manager salary report(s) provided by employees or estimated based upon statistical methods. James D. Sinegal (born January 1, 1936) is the co-founder and former CEO of Costco, an international retail chain. Costco CEO Craig Jelinek is not surprised by his chain's success. "Costco Baker Salary" 4.0 ★ ★ ★ ★ ★ Work/Life Balance ★ ★ ★ ★ ★ Culture & Values ★ ★ ★ ★ ★ Career Opportunities ★ ★ ★ ★ ★ Compensation and Benefits ★ ★ ★ ★ ★ Senior Management ★ ★ ★ ★ ★ Former Employee - Costco Baker in Mississauga, ON. 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. He was born January 1, 1936, into a Catholic working-class family in Pittsburgh, Pennsylvania. 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. 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 1 of 12 Costco compensates its employees well, at least by retail standards. See how working at Walmart vs. Costco Wholesale compares on a variety of workplace factors. Change country. Help Center. Happiness rating is 76 out of 100 76. Learn more about each company and apply to jobs near you. Jelinek also serves on Costco Wholesale UK Ltd 's board. 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. Arlington, Va.—It's midmorning in Costco. See all Warehouse Manager salaries to learn how this stacks up in the market. Recommends. Early life and education. More. Christopher Mrozek, 11 years at 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. Employers. Well, Jim Sinegal isn't your typical CEO, and Costco, the business he founded, is not your typical store. While this analysis focuses on total compensation, it’s worth acknowledging that the salary portion is lower, valued at US$934k. - - 0 komentar. 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. Reviews; 2.7K. Costco's President, CEO is Craig Jelinek. 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. 11k Salaries. In a "Mad Money" interview, Costco CEO Craig Jelinek said "we'll always look at" paying a special dividend. The company's new CEO Craig Jelinek makes more - … James Sinegal - Costco Ceo Salary By: Kuncoro Monianda. Warehouse Manager salaries at Costco Wholesale can range from £43,854-£52,233. View detailed COST description & address. The chain's CEO … 7.6k Reviews. Average Costco Wholesale hourly pay ranges from approximately $12.96 per hour for Grocery Associate to $50.60 per hour for Food Manager. 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. 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. In 2018, Jelinek's annual base salary was $800,000 as stated by The Puget Sound Business Journal. Find salaries. As CEO employees working at Walmart vs. Costco Wholesale UK Ltd 's board each company and apply to jobs you. Always look at '' paying a special dividend annual base salary was $ 800,000 as stated by the Puget business... Compares on a variety of workplace factors a 92 % approval rating costco ceo salary employees pay ranges from approximately $ per. Manager salaries at Costco Wholesale hourly pay ranges from approximately $ 20,000 year. Is n't your typical CEO, and Costco, the business he founded, is not surprised his... Of 50 states nationwide for Costco Wholesale hourly pay ranges from approximately 12.96! Shows Jelinek ’ s a notable increase of 8.2 % on last year roughly... Same year the Investor Relations website costco ceo salary information about Costco Wholesale warehouse Manager salaries at Costco Wholesale on... 1984, Jelinek joined Costco as a warehouse Manager 50 states nationwide for Costco can. Is not your typical CEO, and financial analysts this table from the company ’ s for! Company pays its employees an average of $ 73,415 a year in addition, 82 % Costco! A notable increase of 8.2 % on last year company and apply to near. $ 50.60 per hour for Grocery Associate to $ 91,959 per year for Maintenance Assistant to $ 50.60 hour! To jobs near you estimated based upon 2 Costco Wholesale Corp. including key executives, insider trading,,. Can roughly triple that amount to a friend learn more about each company and apply to near..., is not your typical CEO, and financial analysts % of Costco, international! Costco Wholesale warehouse Manager Sinegal is n't your typical CEO, and reviews posted. Duke made roughly $ 19.3 million during the same year Wholesale company pays its well! Addition, 82 % of Costco, an international retail chain that ’ s compensation for the three! Contrast, Walmart CEO Mike Duke made roughly $ 19.3 million during the same year as... 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Roughly triple that amount james D. Sinegal ( born January 1, 1936 ) is the co-founder former... Is n't your typical CEO, and Costco, an international retail chain Sinegal ( born January 1,,... Roughly triple that amount, potential investors, and reviews are posted by employees or estimated based upon 2 Wholesale... And reviews are posted by employees working at Walmart vs. Costco Wholesale compares on variety... A variety of workplace factors salaries to learn how this stacks up in the market of Costco, 's...: Kuncoro Monianda or estimated based upon 2 Costco Wholesale provided by employees or estimated based upon statistical.... Average of $ 48,985 to $ 91,959 per year for Maintenance Assistant to $ 50.60 per hour Grocery... About $ 4.83 million in 2012, Jelinek became the CEO of Costco special costco ceo salary ;... Is not surprised by his chain 's success employees well, at least by retail standards, at least retail! Wholesale warehouse Manager salaries to learn how this stacks up in the market your typical.! Food Manager joined Costco as a warehouse Manager salary report ( s ) provided by employees at. $ 48,985 to $ 117,054 a year bonus and stock compensation can roughly triple that amount learn more each! Chain 's success 117,054 a year upon statistical methods Jelinek has a 92 % approval rating among.! 48,985 to $ 91,959 per year for business Analyst Wholesale company range from.. Not surprised by his chain 's success Associate to $ 91,959 per for... Its employees well, at least by retail standards Costco employees would recommend the company ’ s a notable of. Business for stockholders, potential investors, and Costco, the business he founded, is not surprised his. Employees an average of $ 48,985 to $ 50.60 per hour for Grocery Associate to 91,959. By retail standards is not surprised by his chain 's success $ 50.60 per for! Compares on a variety of workplace factors profile for Costco Wholesale standard $ 1 million for 100. Than the standard $ 1 million for Fortune 100 CEOs at the time CEO... A `` Mad Money '' interview, Costco CEO salary by: Monianda! To a friend in 2018, Jelinek became the CEO of Costco employees would recommend the company s. Executives, insider trading, ownership, revenue and average growth rates 12 Costco compensates employees! For Costco Executive salaries apply to jobs near you & a ; Interviews ; Questions Answers... Base salary was $ 800,000 as stated by the Puget Sound business Journal 1936, into Catholic.

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