Target raises employee wages, pays out breach settlement
The retailer is trying to put its 2013 security disaster far behind it and is playing catchup with other retailers who have announced pay hikes. It isn’t saying much about either move.
Following in the footsteps of Walmart, T.J. Maxx and others, Target is planning to give its workers a pay boost next month, with a base pay of no less than $9 an hour, according to The Wall Street Journal.
Unlike Walmart or T.J. Maxx (which was in the news this week for far less positive reasons), Target isn’t making an official announcement about the increase. There’s nothing about it on the company’s online pressroom page. No one from Target is even quoted in The Wall Street Journal article about the plans.
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