Costco pays cashiers and on average $34,713 per year Or $20.52 per hour nationally. Rates vary by state and experience, with the highest paying cities offering up to $42,794 per year and California cashiers earning up to $29.90 per hour. Costco provides competitive salaries, regular increasesAnd comprehensive benefitsmaking it attractive for long-term retail jobs. Costco cashier pay varies by location, but overall, Costco offers above-average pay in the retail industry.
Costco Cashier Salary Overview
The cashier salary at Costco is $34,713 on average annually. Costco cashiers earn hourly rates ranging from $14 to $20. Costco cashier salary varies by location, with the highest paying cities offering up to $42,794 per year.
Costco Cashier Salary Details
Annual salary
- Average annual salary: Costco cashiers earn a average of $34,713 per year, with the Costco cashier’s annual salary ranging from $29,000 to $40,000
- Comparison with the national average: The Costco cashier salary is 23% more that the national average salary of cashiers $28,144
- Salary scale by location: The Costco pay scale for cashiers can vary greatly depending on location:
- Issaquah, Washington: $42,794
- Schaumburg, IL: $35,887
- Monrovia, Maryland: $35,314
- Frisco, TX: $32,083
Hourly wage
- Average hourly rate: Costco hourly pay for cashiers is typically between $14 to $20 per hour
- Location-specific hourly rate: In Frisco, Texas, cashiers earn on average $15.42 per hour
- Starting salary: Costco starting salary is typically above the minimum wage
Factors Affecting Costco Cashier Salaries
- Location: The amount Costco pays cashiers varies widely depending on city and state of employment
- Experience: Salary increases in the Costco pay scale are based on performance And years of service
- Education and skills: Although a high school diploma is typically required, additional skills can impact Costco cashier salary.
Compensation and additional benefits
- Health insurance: Comprehensive health benefits including dental, visionAnd prescription drug coverage for eligible part-time and full-time employees
- 401(k) plan: Generous 401(k) with company match, contributing 3 to 9% of employee salary based on years of service
- Other benefits:
- Overtime pay for eligible employees working more than 40 hours per week
- Performance-based bonuses
- Profit sharing programs
- Discounted Employee Stock Purchase Program
Costco’s Compensation Structure
- Salaries above average: Costco pays its employees above-average hourly wages compared to industry standards
- Regular salary increases: Possibilities for salary increases based on performance and seniority
- Employee loyalty: Costco’s compensation structure contributes to low employee turnover, reported as 6% in 2021
Pay to Costco Cashier by Location
Costco salary varies by state, with cashiers earning a on average $20.52 per hour nationally. In California, the Costco cashier salary can be up to $29.90 per hourwhile in Texas it is probably close to the national average. Costco Deals competitive salaries And benefits across all locations, including attractive starting pay rates at Costco. Costco pays by state differs, but the company maintains high compensation standards throughout its operations.
Costco pays through the state for cashiers
- National average: Costco cashiers earn on average $20.52 per hour Or $42,688 per year across the United States
- Highest paid states:
- Minnesota: $22.48 per hour ($46,762 per year)
- Nevada: $22.46 per hour ($46,712 per year)
- Massachusetts: $22.27 per hour ($46,311 per year)
- Costco Cashier Salary in Oregon: $22.11 per hour ($45,986 per year)
- Hawaii: $21.76 per hour ($45,268 per year)
- Above average states: 15 states have typical Costco salaries above the national average of $20.52 per hour
Costco Cashier Salary in California
- Maximum salary: Costco cashiers in California can earn up to $29.90 per hour
- San Diego Example: The average Costco salary in San Diego, CA is $38,513 per year Or $18.52 per hourwith entry-level positions starting at $34,051 per year and experienced workers constituting up to $62,355 per year
- State Ranking: California is one of the Highest paid states for Costco employees, with an average annual salary of $41,641
Costco Cashier Salary in Texas
- Estimated autonomy: Although specific data for Texas is not provided, the salary for Costco cashiers in Texas is likely close to the national average of $20.52 per hour
- Example from Georgia: A new employee at Costco in Georgia began $18.50 per hourreceiving an increase of $19.50 per hour After 1,000 hours worked, which may be similar to Costco’s starting salary in Texas
Additional benefits
- Sunday pay: All employees receive time and a half salary to work on Sunday
- Bonuses: Hourly employees are entitled to half-yearly bonuses After five years of service
- Health care: Costco offers a comprehensive health insurance plan to eligible part-time and full-time employees
- 401(k) plan: The company offers a 401(k) plan with company matchcontributing 3 to 9% of employee salary based on years of service
- Stock purchase program: Eligible employees can purchase company stock at a reduced price
Factors Affecting Costco Cashier Compensation
The hourly rate for Costco cashiers is $15.52 on average as of September 2024. Costco cashiers can earn up to $30+ per hour after 5 years of full-time employment. Regular salary increases, semi-annual bonuses and comprehensive benefits contribute to overall compensation. Costco’s salary structure includes the potential for significant salary growth over time, making it an attractive option for long-term employment in the retail industry.
Costco Cashier Salaries and Raises
Starting salary and progression
- Starting hourly wage: Costco’s starting hourly rate for cashiers is $18.50 from September 2024
- Regular salary increases: Employees receive raises every 6 months for full-time workers
- Highest earning potential: After 5 years of full-time work, cashiers may be eligible for best salary of $30+ per hour
- Premium location bonus: Additional $1-2 per hour in premium locations
Costco Cashier Hourly Rate Scales
- Average hourly rate: The average hourly wage for a Costco cashier is $15.52
- Salary scale: Hourly rates for cashiers vary from $11.94 has $26.62
- Annual earning potential: Cashiers can earn a total salary of $25,000 to $60,000 per year
Costco Employee Benefits and Bonuses
Performance-based bonuses
- Long-term bonuses for employees: Employees with 5+ years of service receive an annual average $4,000 bonusawarded semi-annually and annually
- Bonus range: Annual premiums vary from $5,500 for children under 10 years old $10,000 for those with more than 25 years of service
Additional earnings
- Overtime and Sunday Pay: Employees receive 1.5x salary for overtime and Sunday work
- Potential earnings: A non-manager with 6+ years of experience can potentially earn more $80,000 per year with overtime and bonuses
Comprehensive Benefits Program for Costco Employees
- Health insurance: 88% of workers benefit from company-funded health insurance
- 401(k) plans: Costco offers competitive retirement savings options
- Educational assistance: The company supports employee training
Factors Influencing Costco Cashier Salaries
Experience and mandate
- Years of Service: Longer tenure leads to higher salary and bonus eligibility
- Full-time conversion: Part-time employees are eligible to convert to full-time status after 1-2 years
Performance and skills
- Additional skills: Developing additional skills can impact hourly rates
- Certifications: Obtaining relevant certifications can increase earning potential
Location and cost of living
- Geographic differences: Pay rates may vary depending on store location and local cost of living.
- Premium Locations: Some locations offer higher salaries due to increased cost of living
Employee satisfaction and loyalty
- Great satisfaction: 57% of Costco workers say they wouldn’t quit their job for more money
- Enthusiasm at work: 69% of employees look forward to going to work every day
- Competitive salary: Costco’s average hourly wage is 17% higher than the main competitors
FAQs
What is the average hourly rate for a Costco cashier?
The average hourly rate for Costco cashiers is $15.52. However, rates can range from $11.94 to $26.62 per hour.
How does Costco’s starting salary compare to other retailers?
Costco’s starting salary is generally higher than other retailers. As of September 2024, the starting hourly rate for cashiers is $18.50.
Are there differences in Costco cashier salaries across states?
Yes, Costco cashier salaries vary by state. For example, top-paying states like Minnesota offer $22.48 per hour, while the national average is $20.52 per hour.
What benefits do Costco cashiers receive besides their salary?
Costco cashiers enjoy comprehensive health insurance, a 401(k) plan with company matching, employee stock options and semi-annual bonuses for long-term employees.
How does Costco determine pay raises for cashiers?
Costco determines salary increases based on performance and years of service. Full-time employees receive raises every 6 months, with the opportunity to reach the maximum salary of $30+ per hour after 5 years.