The Teamsters union said more than 18,000 Costo workers are set to strike: “The vote is a direct result of the company’s continued failure to bargain constructively and refusal to present a

Despite Costco claims it has a stable “cared-for employee base,” over 18,000 employees disagree. Costco Teamsters have voted to strike on Jan. 31.

Thousand of Costco Teamsters across the U.S. are preparing to strike by the end of the month if the company does not present a "fair contract offer," the union says.

Costco Teamsters have voted to authorize a strike. The vote, passed with 85% of voters in favor, acts as a push from union members for a fair contract offer as the Costco Teamsters National Master Agreement is set to expire on Jan. 31.

While Costco is known for paying its employees higher wages than its competitors, the union is accusing the company of not sharing its recent success with workers.

The majority vote came amid the final round of contract negotiations between Costco and the International Brotherhood of Teamsters, Reuters said.Start the day smarter. Get all the news you need in your inbox each morning.

Costco Teamsters says its members will rally outside the company’s corporate headquarters Thursday during its annual shareholder meeting.