Target's minimum wage is set to increase to $15 an hour by 2020, according to CEO Brian Cornell.
2018 earnings call, CEO Brian Cornell announced that the starting wage would get a boost by 2020.minimum wage hike to $15 an hour for all associates.During Target's earnings call for the fiscal year 2018, CEO Brian Cornell announced that the company was"committed" to raising its starting wage to $15 an hour by 2020.
He also singled out the"dedicated" 350,000 or so Target employees for helping the company achieve its strongest year in sales growth in over a, and outlined the company's goal of providing more training, additional hours, and wage increases going forward. "Thanks to the dedication of Target's team, we delivered our strongest traffic and comparable sales growth in well over a decade, and our 2018 Adjusted EPS set a new all-time record for the company," Cornell said in a
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