Webnew york cnn — sam’s club said tuesday it will raise pay to incentivize workers to stay with the company — and not jump ship to costco.

The warehouse club has boosted average wages by nearly.

Websam's club announced on tuesday that it will be increasing pay for nearly 100,000 store workers as part of a new employee compensation plan.

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Websam’s club, the $86 billion division of walmart inc (nyse:wmt), introduced a fresh workforce compensation plan, which boosted pay for close to 100,000 frontline.

Websam's club is boosting pay for nearly 100,000 hourly workers, with the retail chain's starting wage rising by a buck to $16.

10 Things Sam's Club Employees Want You to Know

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