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Target to raise minimum wage to $11/hour, $15 by 2020

Target to raise minimum wage to $11/hour, $15 by 2020
Posted at 10:39 AM, Sep 25, 2017
and last updated 2017-09-25 07:32:48-04

(CNN) - Good news for Target workers earning minimum wage - they are getting a raise.

The retail giant said it will increase the minimum hourly wage to $11 an hour starting next month.

The increase affects Target workers nationwide, including the more than 100,000 temporary workers being hired for the holiday season.

In addition, Target said it plans to set a minimum wage of $15 an hour by the end of 2020.

Target said the moves are part of efforts to recruit and retain employees and provide better service to customers and communities.

The retail giant employs more than 300,000 hourly employees, both at stores and distribution centers.

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