Sources: Target to raise minimum wage for employees to $10
(April 19, 2016) – Target is following other big box stores and raising its minimum wage to $10 per hour, sources told Reuters. Employees who earn less than $10 per hour should start to see the wage increase in May, according to Reuters.
Target last raised its minimum wage in April 2015 to $9 per hour.
Target’s decision reflects a similar move made by Walmart recently. In February, Walmart raised its minimum wage from $9 to $10 per hour; additionally, in March, more than 1.2 million Walmart and Sam’s Club associates in the U.S. will receive a pay raise in their March 10 paycheck as part of the largest single-day, private-sector pay increase ever.