MinimumWage

Hard Rock to Invest $100 Million to Raise Employees’ Wages

Hard Rock International and Seminole Gaming announced plans to spend over USD100 million to increase wages for half of its U.S. employees. The over 10,000 workers will receive significant salary boosts, over 60% in some cases. Starting wages will range anywhere from USD18 to USD21 an hour for staff members in various nontipped roles, including …

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Target Increases Starting Pay to $24 an Hour for Some Workers

Target (NYSE: TGT) announced Monday that it would be increasing its starting wage up to USD24 an hour for specific roles. According to the company, the raise will affect some hourly workers within its stores, supply chain facilities, and headquarters. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”TGT” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”TGT” range=”1mo” interval=”1d” axes=”true” cursor=”true” …

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Hobby Lobby Raises Minimum Wage to $18.50 an Hour

Hobby Lobby has opted to increase pay for full-time employees to USD18.50 per hour, starting January 1. According to the company, it is one of the first retailers to implement a nationwide minimum wage that is much higher than the federal minimum wage. “We have a long track record of taking care of our employees,” …

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Macy’s Raises Minimum Wage to $15 Amid Labor Shortage

Macy’s (NYSE: M) announced Tuesday that it will be increasing its minimum wage for employees to USD15 per hour as part of a corporate benefits bundle. Upon the change, the company said that its average base pay will be over USD17 an hour, and the average total pay will consist of USD20 per hour. [stock_market_widget …

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