Costco.
2. Costco
Seattle-based Costco is the country’s second-largest big box retailer. It has more than 700 warehouse stores and well over 100,000 employees. With a starting wage of $17 per hour, according to CNN, the company’s compensation is quite generous for a major retailer.
Its pay scale is flatter too — the CEO made about $1 million in cash compensation and $8.8 million total in 2021, according to ExecPay, compared with about $26 million for Walmart’s CEO in 2021.
And with the vast majority of Costco employees participating in a health or retirement plan, its benefits are pretty popular, although all are subject to change or discontinuation at Costco’s discretion.
Health Plan
Any Costco employee who works more than 23 hours per week and logs 180 days of service is eligible for a comprehensive health insurance plan administered by Aetna.
Part-timers also have access to a low-cost dental plan, which covers preventative visits and some costs of basic procedures, as well as basic vision coverage.
Because all Costco locations have a pharmacy, part-time employees enjoy an in-house prescription plan with low copays for generic drugs and branded medications — generally less than 20%. This benefit is separate from the main health insurance plan.
Payroll deductions for health and dental plans are available in Costco’s Rate Benefits Booklet, which is only available to Costco employees.
Other Benefits
Part-time employees can access Costco’s 401(k) plan, which includes a maximum company match of the lesser of $500 or 50% of total salary deferral contributions annually.
An optional flexible spending account (FSA) lets employees use pretax earnings to pay for day care and other covered dependent care services.
Plus, Costco’s Care Network provides free mental health counseling and offers referrals to debt counselors and lawyers. These third-party service providers may charge fees for their services.
Other Costco benefits include a direct stock purchase plan, disability and life insurance, and long-term care insurance. All of these benefits are available to part-time staff who log 180 days of service and work more than 23 hours per week, but they’re subject to change at Costco’s sole discretion.
https://www.moneycrashers.com/part-time-jobs-health-insurance-benefits/