A Major Retailer is Increasing their Hourly Pay
One of the country’s largest retailers is upping what it pays workers.
FOX’s Lilian Woo reports:
Target raising its minimum hourly wage to $11 starting next month and $15 by the end of 2020. The retailer saying this will help it recruit and retain top quality staff and provide a better shopping experience for customers.
The increase will apply to the temporary workers it plans to hire ahead of the holidays. $11 bucks an hour is higher than the minimum in 48 states and matches the minimums in Massachusetts and Washington State where a report from the university of Washington suggests some workers can be hurt by an increase. It found companies responded to a recent hike in Seattle by cutting workers’ hours.
Some analysts say this boost could force some rivals to match the pay in order to compete.
Lilian Woo, FOX News.
