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How A $33-An-Hour Costco Worker Retired A Millionaire

The retailer believes happy employees lead to a better customer experience.

Amanda Harding
How A $33-An-Hour Costco Worker Retired A Millionaire
Arnaud Eeckhout via Getty Images

Costco is once again making headlines for all the right reasons as one of its long-tenured, hourly wage employees is able to retire a millionaire.

The Wall Street Journal just ran a piece on Tony Barzar, a 60-year-old worker assigned to the self-checkout area who has worked for Costco since 1986. The outlet noted that Barzar earns $32.90 an hour and that holdings in his 401(k) have boosted his retirement savings to over $1 million. It’s all indicative of how Costco focuses on retaining high-quality employees and paying them well, which in turn leads to better experiences for both customers and workers.

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