What is Costco's policy on employee promotions?

Promotions at Costco are primarily based on merit, performance, and the availability of positions. This approach emphasizes the importance of individual contributions and achievements in determining who moves up within the company. When employees consistently demonstrate strong performance and skill in their roles, they are recognized for their hard work and potential, making them eligible for promotion when suitable openings arise. This meritocratic system aligns with Costco's value of rewarding employees based on their actual contributions to the company, rather than simply their tenure or external factors.

This policy not only motivates employees to perform well but also fosters a competitive environment where talent and effort are acknowledged and rewarded. By focusing on merit and performance, Costco ensures that its workforce is engaged and that promotions are deserved and impactful.