Wholesale retailer Costco is famous for its unique approach to finding uncommon cost-cutting measures and passing on the savings to its customers. But does the conscious-capitalist warehouse giant extend this same generosity to its staff?
Anyone working more than 24 hours per week at the company can enroll in health benefits anytime after completing their first 180 days. The program includes health, vision, and dental insurance options and access to great rates at Costco’s in-store pharmacy.
In addition to the ordinary behavioral health costs covered under the company’s health insurance, it offers extra mental health resources to employees struggling with life changes or other difficulties.
The benefits of a long-term job should help you cover your day-to-day expenses and plan for your future. Costco’s compensation package does this in a few ways, perhaps most notably through its 401(k) offering.