Published: Fri, April 05, 2019
Markets | By Otis Pena

Jersey Shore Retailer Bumps Their Minimum Wage Up To $13/Hr

Jersey Shore Retailer Bumps Their Minimum Wage Up To $13/Hr

- Starting this summer, Target is increasing the starting wage for its employees to $13 an hour, the company announced Thursday.

The new minimum wage will apply to employees at the retailer's stores, distribution centers, and at its Minneapolis headquarters. "So investing in our team members is essential to keep our business growing and thriving", Kremer said.

Target is boosting its minimum starting wage for the third time in as many years, distancing itself from rival Walmart in a tight labor market. Amazon, however, will still have Target beat with its hourly minimum of $15, which it established in November.

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"We hired over 120,000 seasonal team members in the fourth quarter, and I know there were some questions about, could we do that, and we did", Cornell told the media last month.

The retailer said the step is part of a commitment it made in 2017 to raise its minimum hourly wage to $15 an hour by the end of 2020.

It has become a competition between Target, Walmart, and Amazon of who can have the most appealing minimum wage as they compete for workers.

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