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A Costco sign is seen on the wall of a new store in Ridgeland, Miss., Thursday, March 12, 2020. Costco will increase its starting wage to $16 an hour, surpassing most of its main competitors at a time when efforts to raise the minimum wage are gaining traction in the U.S. Costco CEO  Craig Jelinek announced the increase Thursday, Feb. 25, 2021, at a Senate Budget Committee hearing, led by Sen. Bernie Sanders, to examine wages at major companies. (AP Photo/Rogelio V. Solis)

A Costco sign is seen on the wall of a new store in Ridgeland, Miss., Thursday, March 12, 2020. Costco will increase its starting wage to $16 an hour, surpassing most of its main competitors at a time when efforts to raise the minimum wage are gaining traction in the U.S. Costco CEO Craig Jelinek announced the increase Thursday, Feb. 25, 2021, at a Senate Budget Committee hearing, led by Sen. Bernie Sanders, to examine wages at major companies. (AP Photo/Rogelio V. Solis)

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