Target Corp will raise its U.S. minimum wage to $13 an hour in June, from $12, i...
WASHINGTON - Target Corp will raise its U.S. minimum wage to $13 an hour in June, from $12, increasing its payroll costs and putting new pressure on rival Walmart Inc to follow suit, given a labor market that is among the tightest in half a century.
Target previously raised minimum hourly pay to $12 in March 2018 from $11. In 2017, Target, said it was committed to raising its minimum wage to $15 an hour by end of 2020. The wage increase will affect “tens of thousands” of employees, a Target spokeswoman said. Amazon.com Inc raised its minimum wage to $15 an hour in October after facing harsh criticism over poor pay and working conditions. The online retailer said at the time that it would lobby Washington for an increase in the federal minimum wage.
Amid the growing political pressure, other companies have also moved to raise wages. For example, Costco Wholesale Corp raised its minimum wage twice in a year and since March has been paying employees at least $15 an hour.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Target raises minimum wage to $13 an hour in tight labor marketWalmart currently pays entry-level workers $11 an hour, and Costco and Amazon pay $15.
Lire la suite »
Target raises minimum wage to $13 an hour in tight labor marketTarget Corp will raise its U.S. minimum wage to $13 an hour in June, from $12 currently, increasing its payroll costs and putting new pressure on rival Walmart Inc to attract retail workers in a tight labor market. Minneapolis-based Target employs over 300,000 workers and runs 1,845 stores in the United
Lire la suite »
Target raises minimum wage to $13 an hour in tight labor marketTarget Corp will raise its U.S. minimum wage to $13 an hour in June, from $12 cu...
Lire la suite »
Hong Kong customs seizes $13 million worth cocaine haulHONG KONG (AP) — Hong Kong customs agents have seized a massive haul of cocaine with an estimated street value of $13 million and arrested one suspect. The customs service in the...
Lire la suite »
Target just boosted its minimum hourly wage to $13 in the latest salvo in the war for retail talentTarget is raising its minimum starting wage to $13 an hour. By 2020, the company's starting pay will be $15 an hour.
Lire la suite »
China's $13 trillion bond market marks a milestone today. Here's what it meansA total of 364 onshore Chinese bonds will be added to the Bloomberg Barclays Global Aggregate Index over the next 20 months.
Lire la suite »
Here's what you need to know about Jumia, the Alibaba of Africa that's getting ready to IPO on the New York Stock ExchangeJumia said its shares will price at between $13 to $16 each in its initial public offering, giving the company a valuation of up to $1.3 billion.
Lire la suite »
Go Shopping At Target And We'll Reveal Where You Should Go For Spring BreakWe'll Tell You Where To Go For Spring Break Based On Your Target Shopping Experience
Lire la suite »