That Costco isn't doing this purely out of goodwill needs to be mentioned further.
If Costco already starts all employees at $11.50, increasing the minimum wage to any point less than $11.50 doesn't initially impact their own bottom line, but just serves to increase their competitor's costs.
If Costco already starts all employees at $11.50, increasing the minimum wage to any point less than $11.50 doesn't initially impact their own bottom line, but just serves to increase their competitor's costs.