An employee organizes Apple Inc. AirPods for sale at a Costco Wholesale Corp. store in San Francisco, California.
David Paul Morris | Bloomberg | Getty Images
“Two years ago, we moved our starting hourly wage to $15 everywhere in the U.S. Effective next week, the starting wage will go to $16,” said Costco CEO Craig Jelinek during a Senate budget committee hearing on Thursday.
The retailer has more than 180,000 employees in the U.S. and 275,000 employees worldwide.
This move comes as Congress debates the $15 an hour federal minimum wage increase as part of…