Faced with competition for available labor, Sam’s Club CEO, Kath McLay has announced that the minimum wage for workers would be raised from $11 to $15 effective September 25th.  Currently 95 percent of workers receive at least $15 per hour but the increase would also be reflected in higher wage rates for workers with experience and seniority.  In a memo to employees Ms. McLay stated, “We want you to be competitively paid, whether you have found your destination job or you’re starting out and are eager to climb the ladder.”  The new wage rate will affect one-third of hourly workers including forklift drivers, personal shoppers and team leaders. 

Costco raised their starting wage to $16 per hour during the second quarter but the company offers a wide range of fringe benefits and opportunities.