Target Raises Its Minimum Wage To $15 An Hour

After Target Lowers Sales Forecast, Shares Plummet

Target will raise the minimum wage for workers nationwide to $15 an hour starting on July 5th. 

The increase goes to full and part-time hourly Target team members in stores, warehouses, and at the company headquarters. 

Target had planned to reach the $15 an hour minimum wage by the end of 2020. 

The retailer is also giving frontline store and distribution workers a one-time $200 bonus for their efforts during the coronavirus pandemic.

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