Costco awarded hundreds of thousands of executives with day-related bonuses


Costco has emitted hundreds of thousands of bonuses to CEOs and top executives based on diversity, equity and inclusion (DEI) and environmental metrics between 2021 and 2024.

The grocery wholesaler giant has received a bonus of $93,333 in 2024 based on achieving social and environmental goals, including “indicators on diversity, equity and inclusion, resource consumption and other environmental sectors.” I paid the CEO. 2024 Proxy Statement. Other executives were offered $24,000 in bonuses related to achieving diversity, equity and inclusive metrics.

In 2023, then CEO Craig Jelinek A $100,000 bonus was awarded According to the power of attorney for the year, to meet environmental and DEI indicators. Other executives were awarded a bonus of up to $24,000 to hit the DEI benchmark. There is a DEI link bonus Awarded annually Since 2020, Costco’s proxy statement revealed.

Washington AG stands by Costco, with Blast Republican lawyers threatening Day’s crackdown

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Costco has unsubscribed the bonus based on hitting the Dei metric, its proxy statement reveals. (Tayfun Coskun/Anadolu via Getty Images)

The wholesale giant touched on DEI policy tightly, and Fox News Digital couldn’t determine which specific metric the bonus was tied to. The company did not respond to requests for comment. However, the Costco website Let some light flow About the company’s DEI initiative.

“The company’s Chief Diversity Officer (CDO) role is to help advance in inclusion at Costco, grow a diverse employee base, relationships in the communities where they operate, and increase the number of diverse suppliers’ locations. ” According to the website.

The former Costco executive is defending DEI’s policies, critics say they don’t understand the company’s culture

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Al Sharpton staged “Buy” to support Costco, which supports Dei Metrics. (Michael Nigro/Pacific Press/Lightrocket bygetty Images/Getty Images)

Costco has managers and employees taking Inclusive Conversations courses. The website states “10 Conversation Modules to Inspire Leaders and Employees to Engage in a Comprehensive Conversation.” The program was launched in 2020 and as of 2024, new content was added to “to drive connectivity across differences, manage assumptions and make people hear.”

The grocery chain also lists demographics for “supervisors in training” programs designed to help employees develop professionally. According to its website, 57.3% of the 7,000 employees who participated in training programs identified as “people of color” are 57.3%.

The board has crashed overwhelmingly against wholesalers and waves of support I voted for Reject Proposals to challenge the January DEI initiative. Pastor Al Sharpton paid the company for “buying” at a Costco location in Harlem, New York, and sticking to Day, but 19 state attorney generals. I ordered a grocery store Remove controversial policies to comply with the Trump administration’s executive order.

Costco customers refill soda with Costco

A former Costco executive said Day is always a company culture. (Callaghan O’Hare/Bloomberg/Getty Images)

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Former Costco executive Roger Campbell Pushing back company criticssays Day is always part of that culture.

“The term “day” didn’t even exist to us. That was the way we ran our business…it’s who we are,” Campbell said.

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