Too bad this isn't true anymore, Costco starts as a minimum wage job in many places...
@mariesong729 Says:
Wait until everyone finds out about Dicks burger joint. Also from the Seattle area very low cost fast food employees high rate pay, medical and school reimbursement at a burger joint guys.
@beauxcarroll8348 Says:
Cosco is thinking long-term prophet versus most American companies are make money now businesses. Happy people work harder and better.
@RossSolomons Says:
shit you guys are the most unprofessional bunch of dolts on the internet. Are you seriously ripping off the way he speaks?
@1monagale Says:
If I wanted a job, I would go to Costco.
@whoviating Says:
In case no one has already said this (I didn't scan 100s of comments to check), AD&D is "Accidental Death and Dismemberment."
@kaetischmalenberg222 Says:
Happy workers are productive workers! What’s so hard about that? If you treat your people as people and not slaves, they tend to work hard. Isn’t paying people considered “cost of doing business” for the business that lowers their tax liability? Why wouldn’t companies want to keep their employees? Training costs money and makes it difficult on the workers who are expected to “train” the Newbee. Turnover is expensive.
@donaldphelps8626 Says:
Rent is $2000 a month. Right.
@ohayes6419 Says:
You no im not a republican or democrat just a common sense working stiff that beleives in a restrained bugdet , policy process and fair treatment for all but i truly believe jim cramer is a peice of shit who would crawl under a desk for a ceo or billonair if it would benefit his bottom line and would sale his mother if it fattend his bank account ,i wonder if he has ever done anything good in his life where in some how some way money didnt play a factor in his decision making process and 1 last thing he kinda comes across as a 1920's era strike buster
@miamijak1 Says:
That is why l shop at Costco. They pay their employees well with good benefits.
Fuck Kramer
@FellVoice Says:
AD&D Insurance is Advanced Dungeons and Dragons insurance, good stuff, everyone should have it!
@brucemou1 Says:
I've never met an unhappy COSTCO employee.
@teamshoemaker Says:
How do you NOT know what ADD or bonding leave are?
@julliotchouta985 Says:
Now I love shofar Costco even more!
@brianleemorrison Says:
Hmmmmm. You may not be sponsored by Costco but you should be. Convinced me to get a membership this year.
@damis2372 Says:
Most profitable because they increased prices on their items. I shop there and I look at prices before buying. 90% of their items had a price increase by 30-80% on every item. I don't think Jim Cramer ever shopped Costco in the past 2 years.
@kymtv9137 Says:
I heard cisco is doing good and people love working there. Just pulled them up this morning
@mrThoreKarlsson Says:
Jim Cramer is a Toad
@Mostspecialusername Says:
I talked with one of the most successful traders in the gemstone business, specifically a guy that bought high value gemstones for jewelers to make custom high-end jewelery. Pieces valued at hundreds of thousands to millions of US dollars. According to him, the secret of success was to buy high and sell low. He was willing to pay the best price and sell for the lowest price that gave him a decent profit. This meant that producers were always eager to make deals with him. This attitude translates well to any kind of business. Exploiting workers, suppliers and/or clients may make big profits in the short but ends up with nobody liking to deal with you. Long term profitable business needs a reliable supply of goods and labor.
@LindaAKeller Says:
Aside from great prices and quality products, one of the reasons I am a loyal Costco customer is their employees who are always pleasant and helpful . However, for employee enthusiasm and top-level customer care and consideration, Trader Joe's is the best! I don't know anything about their benefit packages, etc., but they have got to be doing something right.
@douglastovey2685 Says:
Cost accountants have been killing businesses since the late 1980s.
Gotta be fiscally responsible but you’ve also gotta know what the value of company culture is.
@Creaserunner Says:
This and B~corps should be the model. Call it compassionate capitalism. Now if we had single payer health insurance businesses would not need to deal with that part and could just focus on their product or service.
@talyahr3302 Says:
Wow. I'm surprised Jim is actually ASKING this question. I'll give him credit for that.
@skrudrvr Says:
Anna, you haven't worked for a big corporation before. I worked at Comcast for 15 years and we had all of those benefits plus more sick/personal /floating days off. If nothing else, the one good thing about working for giant corporations rather than smaller companies is higher pay and better benefits. I now work at a company of 20 and am much happier. Don't make as much, have as much time off, or have the same other benefits but I'm much happier.
@Dj.Hylanda Says:
Jim is more like an old version of Bender 🤣🤣🤣
@enginerdy Says:
I can feel Cenk squirming when Anna doesn’t know what AD&D insurance is, because it’s pretty common in white-collar jobs..
@pahtar7189 Says:
AD&D means Accidental Death and Dismemberment insurance. It's worst case scenario insurance. When I was in high school sports, you could buy it for a few bucks and if you got a catastrophic injury you or your family got a lump sum specified in the contract; X amount for losing the use of a hand, Y amount for losing a leg, etc.
@pahtar7189 Says:
One key to their financial success is that their executives don't drain away tens of millions of dollars more than they're worth like most companies.
@svgs650r Says:
Cramer is simply a shite human, always has been always will be
@jocelynpouget6133 Says:
what's up with these journalists? if they know better than him why don't they just go and make their own successful business?
@wannabein619 Says:
AD&D is Accidental Death and Dismemberment, Ana
@nickmcwilliams685 Says:
Cramer is bending over for a snort of blow.
@tedingram516 Says:
He's doing an excellent Mr. Burns imitation. Excellent. 🤗✌
@ahh_yes_mr_bax Says:
You mean treating your employees like fellow humans who also need to pay bills, leads to them being grateful, loyal, hard working, and friendly employees… which leads to more customer satisfaction, which leads to return customers? Then the word gets out that this company actually gives a shit about human well being and thus want to shop there more?
Its just so “counter intuitive!” lol
@sarlon51 Says:
I seriously hope costco opens a store in my town, holy shit. I would absolutely jump ship from my current job to work for costco.
@tabo01 Says:
Cramer only understand vulture capitalism.
@bobhall7257 Says:
I’ve said for years that Costco are treating their staff well because it’s evident in the way the staff treats customers AND the way the staff treats each other. They all believe they’re being decently treated … and act accordingly. It’s not at all hard to tell where staff are properly treated and I make a habit of shopping in those stores. Hope it catches on…
@nathanjones6638 Says:
Capitalist traitors like Kramer are guilty of suppressing the working class.
No one who shares his beliefs should hold power or wealth.
@MrYoubrian Says:
A surprising number of companies are employee owned also. I stopped buying groceries at Walmart and moved to WinCo when they became available just because they are employee owned. It makes a huge difference shopping when each and every worker in the bldg has a stake in the outcome and how they treat shoppers.
@cynicalrabbit915 Says:
That's the problem with management in American Businesses. Robber Barons have always seen workers/labor as an expense. In other words, each worker is a black hole for money. They don't value the individual worker and the added value.
The higher a companies payroll the less valuable the stock.
When they need to pump up their stock value, companies reduce their debt load by laying off employees.
This is a quick way to reduce debt.
It's a two edged sword some employees will find other jobs and not return, this in turn causes the company to have to spend $$ recruiting new employees. and to train them. This is money that is only recovered over the time of unbroken tenure employee spends at the company.
Companies that treat employees as replaceable usually have high turnover and spend more on upfront training.
Fastfood industry is one such example.
@michaelcarney2951 Says:
Imagine that, treating your employees well and paying them a fair wage, what a concept!
@dumont7478 Says:
Ad&d ins is accidental death or dismemberment. Very common insurance actually.
@denisphelan8987 Says:
AD&D insurance covers Accidental Death & Dismemberment.
The sad thing is most of the benefits CostCo have are standard in every job in the EU.
Even Amazon have to offer those benefits - it's required by law.
@donstaples4812 Says:
Costco's mark up is only 11%, while others are double or triple that, on average. You see it in grocery stores, too. The big chains typically keep their mark up low and profit on volume. That's why COVID gouging was so obvious.
@Slider1207 Says:
So at what point can we launch Cramer - along with Shapiro, Tate, Trump, Gaetz, Walsh, and literally ever delusional conservative commentator (fun fact: they're all delusional) - into the sun and improve society as a whole?
@whitestar618 Says:
kramer is what happens when gerbils are exposed to ooze in new york sewers
@JessiesCards Says:
Aldi, Costco, and Lowes are the best retail stores because they invest in the workers
@stevelovescars Says:
Employee turnover is expensive. Costco’s annual turnover was something like 20%. Walmart’s used to be 300%. That costs money:
- administrative overhead
- training time
- less efficiency in work performance due to learning curve
- less knowledgable employees also provide a worse customer experience and potentially lower sales.
- HR and recruiting expemses
@TheMaxAwesome Says:
Yikes. Some deep misunderstanding here, sadly. Kirkland Signature is just Costco’s store brand. Many of the Kirkland signature products are still made by the national brands. Kirkland batteries are made by Duracell, for example. It would be preposterously difficult for Costco to spin up a new manufacturing line for each and every product they wanted to carry that couldn’t meet their cost target. And how do you have a segment about the benefits a company offers without a cursory google search to learn that bonding leave is basically maternity/paternity leave for adoption? How do you not know that AD&D is a form of disability insurance? TYT is supposed to be better than the alternatives, but this clip demonstrates a concerning level of laziness that makes me question the veracity of other information you disseminate. Not a good look. Do better.
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