MIAMI (CBSMiami) — Target is raising its minimum wage to $11 per hour and by 2020 plans to pay employees way more than that.READ MORE: Arrest Affidavit: Accused Hollywood Cop Killer Jason Banegas Claims He Was Trying To Kill Himself In Struggle With Slain Officer Yandy Chirino
The company announced Monday that they will raise the minimum hourly wage to $11 by October and to $15 by the end of 2020.
This means thousands of hourly workers in the company are getting a raise.READ MORE: Parkland Families Say They Want The Death Penalty
Target’s CEO and chairman said this is part of the company trying to get and keep strong team members and in turn give customers a better experience in the communities they serve.
“Target has a long history of investing in our team members. We care about and value the more than 323,000 individuals who come together every day with an absolute commitment to serving our guest,” said Target and chairman CEO Brian Cornell.
The pay increase also applies to the more than 100,000 workers that Target plans to hire for the holiday season.MORE NEWS: Push For State To Require Teaching Of Asian American History In Public Schools
On top of better pay, the company plans to offer more tools, training and support to employees.