The bill would gradually increase the minimum wage over a 5-year period, eventually bringing the minimum wage up to $15 an hour by July 2028.
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Costco has around 180,000 US employees, and 90% of them work hourly.
The minimum wage would go from $7.25 to $10 dollars in 2022, and gradually rise to $15 by 2026.
The new rate also applies to entry-level positions.
If menu prices were to go up, owners fear there would be fewer people dining out, resulting in layoffs and closures.
Wire
Here’s a look at the states where wages will rise in 2021.
Wire
Big things are brewing at Starbucks.
The state's minimum wage has been $7.25 an hour since 2008.
Wire
Voters in Geneva, Switzerland, have agreed to introduce a minimum wage in the canton that is the equivalent of $25 an hour -- believed to be the highest in the world.
Pay rates begin “above the minimum wage” the park said in a news release, though wages vary based on the job and the worker’s experience.