Sam’s Club said Tuesday it will raise pay to incentivize workers to stay with the company — and not jump ship to Costco.

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Sam's Club workers with longer tenures to get larger increases in changes slated to take effect in early November.

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expanding the increase to between 3% and 6% based on years of service." The average hourly rate for Sam’s Club associates is anticipated to be above $19. The company also announced that its also ...

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It will also raise wages for its nearly 100,000 employees, ranging from 3% to 6% depending on their tenure. Sam’s Club charges customers $50 for a regular membership. To keep and grow its ...