Target Is Raising Employee Minimum Wage To $15 An Hour Starting July 5
(CNN) - Target is upping its minimum wage from $13 to $15 an hour next month.
The change will take effect on July 5.
That's a few months ahead of the deadline Target set for itself when it pledged three years ago to implement the raise by December 2020.
The new rate applies to 275,000 part-time and full-time workers at Target's discount stores, distribution centers and headquarters.
The federal minimum wage is 7.25 an hour and it hasn't gone up in more than 10 years.
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