Since its founding, Costco has always had a focus of putting their employees first. This includes offering higher wages, which is possible because of their low turnover rates. As a matter of fact, Costco has the lowest turnover rates in the retail industry. For Employees who have worked at the company for more than one year, the annual turnover rate is below six percent. According to their CEO, another reason
I, along with most of the people reading this article have a subscription to Amazon Prime. It’s transformed the way that we shop, purchase, and receive everything from computers to toothpaste. It has truly redefined what “on demand convenience” means. But, did you know that Amazon Prime was actually an idea submitted by an Amazon employee? Amazon’s goal was to find a new type of customer loyalty program that would
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.