While major retailers and distribution centers struggle to retain employees, Target is hoping to curve that issue with some coins! The Minneapolis-based retailer already has a universal minimum wage of $15. The increase was announced in 2017 with expectations of hitting the mark by 2020. Now, as the Covid-19 pandemic continues to influence worker shortages, Target is adding another set of wage increases to their company strategy.
According to NBC News, the Minneapolis-based at Target’s retail stores and distribution centers will be paid between $15 and $24. The most competitive job markets, such as New York, will see the highest pay increases.
“The market has changed,” said Target CEO Brian Cornell in an interview. ”We want to continue to have an industry-leading position.”
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