With millions of Americans having filed for unemployment since March, it’s hard to say that the tight job market that favored workers just a few months ago will come back any time soon. Even with the odds seemingly favoring employers at the present time, Target announced that it is raising its starting minimum wage from $13 to $15 an hour beginning on July 5.
The retailer’s decision to raise its starting pay is following through on a commitment it initially made in September 2017. Like other retailers, Target has been paying its frontline workers $2 an hour extra since the coronavirus outbreak. In essence, the new starting wage will keep entry-level associates at the same pay rate as they have been used to getting.
