With Minimum Wage on the Rise, These Are Some of the Retailers With the Highest Starting Pay

The movement toward a higher minimum wage is on the rise — and some of the country’s biggest retailers are coming out on top. At the start of the year, annual cost-of-living adjustments and other scheduled gains led wages to jump by pennies to a dollar for workers across 20 states: Alaska, Arizona, Arkansas, California, Colorado, Florida, Illinois, Maine, Maryland, Massachusetts, Minnesota, Missouri, Montana, New Jersey, New Mexico, New York, Ohio, South Dakota, Vermont and Washington. Later in the year, another four states — Connecticut, Nevada, Oregon and Virginia — plus Washington, D.C., will see an increase in their baseline pay. Some retailers have hiked pay and benefits in an attempt to attract and retain workers — perhaps as well as incentivize them to return to work amid the COVID-19 pandemic. Others, however, raised wages as part of previously announced plans. Amazon The online giant’s minimum wage for all U.S.-based employees currently stands at $18 per hour — more than double the federal minimum wage of $7.25. Costco The membership-only warehouse chain’s minimum wage has increased to $16 this fall. During a Senate panel hearing, CEO Craig Jelinek shared that more than half of U.S. employees are “paid at the top of our scales, in excess of $25

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