People wait to shop at a Costco in Texas on Feb. 20. Next week’s pay increase would put Costco ahead of much of the industry.

AUSTIN, TEXAS – FEBRUARY 20: People wait to shop at the Costco Wholesale store as they look to purchase essentials on February 20, 2021 in Austin, Texas. Winter storm Uri disrupted the supply chain to stores causing many stores to run out of food supplies for customers. (Photo by Joe Raedle/Getty Images)