On Air
Open In Popup
MPR News

Target raises starting pay for 2nd time in less than a year

Share story

Target store
This file photo shows a Target retail chain logo on the exterior of a Target store in Watertown, Mass.
Steven Senne | AP 2013

Target is raising its minimum starting pay for workers for the second time in less than a year after seeing a bigger and better pool of candidates.

Target, which hiked starting pay to $11 an hour last fall, said all workers this spring will receive a minimum of $12 per hour.

CEO Brian Cornell said Tuesday that Target will offer workers $15 an hour by 2020. He says Target Corp. recorded a 30 percent increase in applicants when it boosted pay, and a better quality of applicant as well.