Target Becomes the Latest Big Box Retailer to Raise Workers’ Wages

Arielle Zionts
In These Times
March 23, 2015

Starting next month, Target will raise its minimum wage to $9 an hour. Sound familiar? That's because Target’s decision comes just one month after its competitor Walmart said it would raise its starting wage to $9 and eventually $10 per hour. T.J. Maxx and Marshalls have also announced a new $9 an hour base. These minimum wage increases reflect an improving economy and the impact of widespread protest through campaigns like the fast food strikes and OUR Walmart. 

The business press, unsurprisingly, chalks up the hikes to an improving economy. The Wall Street Journal writes, "Target’s move is the latest example of a tightening labor market and rising competition for lower paid workers amid declining joblessness and signs that consumer confidence is returning." At 5.5%, the country's unemployment rate is at its lowest in six years. Earlier this year, a review of several studies found that higher wages led to more productivity and lower turnover rates, which can then lead to higher profits for companies. 

Click here to read more at In These Times.

Get Advice Join TDU Donate

Recent News

Online Workshop: The Legal Rights of Union Stewards

Hundreds of Teamster members joined our webinar on The Legal Rights of Union Stewards with labor attorney Dave Suetholz. Check out a recording of the workshop below, plus workshop slides and resources for grievance investigation.

Important Update on Yellow Corp Bankruptcy

As Yellow Corporation moves to liquidate its assets, the IBT is fighting for former Yellow Teamsters in court to recover vacation pay, grievance settlements, and other monetary claims. Teamster benefit funds are also demanding full payment. 

View More News Posts