Increased benefits reduce costco employee turnover

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Reference no: EM133102504

Topic: Discussions 

Discussion One:

When the dollar is "up," foreign goods and travel are a bargain for U.S. consumers.  When the dollar trades for less foreign currency, however, foreign tourists like these often flock to U.S. cities to enjoy relatively cheaper vacations and shopping trips.  Do U.S. exporters profit more when the dollar is up or when it is down?

Discussion Two:

The wage and benefit packages offered by warehouse retailer Costco are among the best in hourly retail.  Even part-time workers are covered by Costco's health plan.  Increased benefits reduce Costco employee turnover to less than a third of the industry average.  Why do you think Costco is so successful at keeping its employees?

References: 

Text Book: Understanding Business, 13th edition, Nickels, McHugh, McHugh

Reference no: EM133102504

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