45°F
weather icon Partly Cloudy

Target raising its minimum wage to $13 an hour

NEW YORK — Target is raising the minimum hourly wage for its workers for the third time in less than two years.

The discounter said Thursday it plans to raise the hourly starting wage to $13 from $12 in June.

The Minneapolis-based retailer announced in 2017 a plan to raise its starting hourly wages for workers to $15 by the end of 2020 and raised its starting hourly wage to $11. In March 2018, it boosted hourly wages to $12 after seeing a bigger and better pool of candidates.

With unemployment near rock bottom, retailers are under pressure to find qualified workers. In October, Amazon announced a minimum hourly wage of $15 for its U.S. employees.

Walmart raised its starting pay to $11 an hour in early 2018.

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
The coolest technology from Day 1 of CES 2026

Nvidia, AMD and Intel all had important chip and AI platform announcements on the first day of CES 2026, but all audiences wanted to see more of was Star Wars and Jensen Huang’s little robot buddies.

MORE STORIES