by yakshaving |
Last Updated: April 28, 2022 Contents
What is Costco ?
Costco Wholesale is a global company with a chain of large retail warehouses.
It sells a variety of goods at wholesale prices, including groceries, electronics, clothing, appliances, books, bedding, jewelry, fitness supplies, and home improvement. Some stores offer extra services, such as optometrists, a gas station, or tires.
Shopping at these warehouses is exclusive to those with a Costco membership. For a small annual fee, Costco membership entitles shoppers to lower prices and bulk purchases.
Costco is a U.S. company, but there are now stores in other countries such as Australia, Canada, Mexico, and the United Kingdom.
Shoppers can choose a gold star, a business, or an executive membership. Each tier has different perks and rewards.
Costco benefits for employees
Working at Costco comes with benefits. Not only will you get a secure job, fair pay, and training, you’ll also get other employee perks.
Let’s take a look at the top 10 Costco employee benefits:
Health insurance
Costco offers affordable health insurance to both part-time and full-time employees. The healthcare coverage includes general medical, hearing aids, and mental health care. These benefits are for the entire family, including spouses, domestic partners, and children.
The health insurance policy includes prescription medicine as well. Costco employees can access pricing as low as $3 for generic medications with a 15% copay for other drugs.
If there’s an accident, Costco workers can also access short-term disability insurance.
401k plans
Costco has generous 401K plans to help employees prepare for retirement. You can choose how much to contribute to your pension account from each paycheck. Publicstorage
Depending on what you contribute and the level of your employment, Costco will match up to 50 cents for every dollar. They’ll honor this commitment up to $500 per year.
Paid time off
Employees at Costco enjoy paid time off (PTO). New full-time employees can access one week of PTO after one year. After two years of working at the company, the PTO goes up to two weeks.
For those who have been working for more than five years, there are three weeks of PTO. After 10 years, it’s four weeks.
Vacation leave continues to build up over time. Long-term staff who have been there for more than 15 years will get up to five weeks of PTO, plus sick leave.
If you’ve been working at Costco for more than 90 days, they’ll pay you for any public holidays. These include New Year’s Day, Easter, Martin Luther King Day, Labor Day, Independence Day, Memorial Day, Thanksgiving Day, and Christmas Day.
Both part-time and full-time employees receive this benefit.
Dental insurance
For those who work more than 23 hours per week, Costco offers affordable dental insurance. This coverage is for both the worker and their family.
There are two plans available: the Core plan and the Premium plan. Part-time workers can only choose the Core plan.
Depending on the plan, staff may get general dental, major dental, and orthodontic treatments. Choosing in-network providers will give you the best rates.
Maternity and paternity leave
Costco offers benefits for employees who are starting a family. Depending on the position and hours worked, paid maternity leave is between six weeks and three months.
Those in management positions receive more time off than Costco warehouse staff.
There’s also the option for paternity leave with three weeks offered to new fathers.
Sick days
In addition to paid vacation leave, Costco gives its employees several paid sick days. If you’re a full-time or part-time employee, your sick days will build up every week, with a total of nine sick days per year.
Most Costco managers will ask for a medical certificate before they approve paid sick leave.
Paid breaks
Another benefit of working at Costco is paid breaks. Most shifts are eight hours long, and employees are entitled to a 30-minute lunch break.
During the shift, there are two other breaks, both 15 minutes each.
Vision insurance
Costco employees can take advantage of the onsite opticians that work at many of the warehouses. The company offers vision insurance with a free eye exam worth up to $60.
Plus, staff members receive $175 toward new glasses or contact lenses from any Costco store. This is available to all employees regardless of pre-existing eye conditions.
Life insurance
Costco offers accidental death and death insurance for employees only. The type of insurance benefits you can receive depends on how long you’ve been working there and the type of role you have.
Full-time employees who have been with the company for less than two years will receive their equivalent annual earnings. After this period, the payout will be double their annual earnings.
The maximum benefit is capped at $225,000.
Costco insures part-time workers for a maximum of $15,000.
Free membership cards
Costco employees get the benefit of being Costco members. Each staff member receives two free Executive memberships for themselves and their partner.
They also receive two regular memberships to share with family or friends.
Plus, as a special holiday thank you, Costco employees are entitled to one free turkey every year for Thanksgiving. Some stores even let their staff shop after hours
Costco culture features
Costco’s organizational culture is a major success factor for the business, especially by way of employee morale, satisfaction and performance. The following are the main characteristics of Costco’s organizational culture:
- Common goal of excellence
- Positive attitude
- High energy and fast pace
- Service orientation
- Teamwork
Costco Employee Login
To access Employee Self-Service from outside the Costco network, employees must use the Google Chrome browser. This includes using the Chrome browser app on a mobile device.
Click on the following link : https://www.costco.com/employee-website.html
And click on the current employee login or the former employee login. Then you will have to fill in your username and password and click on open session button.