Costco is viewed as an employee-friendly company. Costco provides its employees with competitive compensation and benefits. The company also prefers to promote from within, providing opportunity for many of its employees and helping to minimize employee turnover. Choose the option below that best describes the stakeholder groups that most benefit from these employment practices.

Question

Quizplus · Accepted Answer

Competitive compensation and benefits are beneficial for employees, as is the opportunity for advancement. Reduced employee turnover allows managers to spend less time training and developing new employees. It also saves money on recruiting and training, increasing the return on investment for the stockholders.

Costco Is Viewed as an Employee-Friendly Company