Friday, March 10, 2006

Costco: The Anti-Wal-Mart

Average Hourly wage:
CostCo $15.97
Wal-Mart's Sams Club $11.52
Contrib. to Health Care:
CostCo $5735
Wal-Mart's Sams Club $3500
Covered by Health Plan:
CostCo 82%
Wal-Mart's Sams Club 47%
Covered by Retire. Plan:
CostCo 91%
Wal-Mart's Sams Club 64%
Employee turnover:
Costco 6%
Wal-Mart's Sams Club 21%
Profits per employee:
Costco $13,647
Wal-Mart's Sams Club $11,039


More here.

2 comments:

peterH said...

Interesting numbers. It means its possible to provide good prices without resorting to brutal labor practices. But this is still Sams Club Vs Costco. It calls into question the business practices of the Walmart empire. The implication is that Walmart could do better. The question, however, is how about Walmart itself. What is the comparison with Target, for example.

Adirondack Wal-Mart said...

Ask and you shall receive. See latest post. You can save about 4% on the total purchase price at Wal-Mart over Target. I guess each person has to decide if saving 4% (quality not taken into consideration) is worth the effects Wal-Mart is having on the USA and the World.