In an effort to push its minimum wage to $15 by year-end 2020, retail giant Target Corp. on Thursday announced its minimum hourly wage will rise this June from $12 to $13.
Minneapolis-based Target, which has 12 locations in Connecticut, previously said in Sept. 2017 it would raise its minimum hourly wage to $15 by the end of 2020, initially bumping it to $11 and then $12 last year.
It was not immediately clear Friday morning how many Target workers in Connecticut would be receiving a pay bump when the plan is implemented in June.
Target still provides higher minimum hourly wages than Walmart, the world’s largest retailer.
Walmart raised its minimum hourly pay to $11 more than a year ago, but still faces pressure to continue upping its pay for workers. Walmart, though, has provided performance-based bonuses to workers over recent years.
Meantime, e-commerce giant Amazon last fall announced a $15-an-hour minimum wage for all part- and full-time U.S. workers. The wage uptick is expected to benefit over 250,000 employees and more than 100,000 seasonal workers in the U.S., according to Amazon.
In Connecticut, there are several bills in the state legislature calling to gradually increase the state’s minimum wage to $15 per hour from $10.10 currently.
Target, which says it’s the nation’s eighth largest retailer based on sales, operates 1,845 stores and employs over 300,000 workers.
