Costco Benefits
Group Life Insurance
After probationary period, Salaried, Full Time, and Part Time employee’s Group Life Insurance premium is covered by the company. Employee’s legal heir could receive total disability allowance or death condolence allowance in case of any covered events or accidents.
Group Long-Term Disability Insurance
After probationary period, Salaried, Full Time, and Part time employee’s Long-Term Disability Insurance premium is covered by the company. Group Long-Term Disability Insurance covers non-work related illness or injury while employed by Costco.
Social Insurance (Workman’s Accident Compensation Insurance, Labor Insurance, Health Insurance/Nursing Care Insurance, Welfare Pension Insurance)
Optical Voucher
Salaried, Full Time and Part Time employees employed at Costco for over a year could receive and optical voucher up to 10,000 yen once a year.
Hearing Aid Voucher
Salaried, Full Time and Part Time employees employed at Costco for over a year could receive a hearing aid voucher up to 150,000 yen every four years.
Pharmacy Voucher
When Salaried, Full-time, Part-time and Student Employee purchase prescription medicine at Costco RX Pharmacy, 50% of copayment will be calculated and the total amount will be given as a Pharmacy Voucher once every year.
Life Design Premium / 401k
Costco provides life design premium based on employee’s year of service to enjoy retirement life. Voluntarily contributed premiums are excluded from employee’s income/municipal tax and social insurance. Pension assets will be received after age of 60 with tax deduction.
Costco Membership Card (Executive Membership Card)
Costco employees are entitled to an Employee Membership at no charge.
After probationary period, employees could be upgraded to an Executive status for free (including their spouse) and add two free membership cards.