Target employees will also receive a one-time bonus of $200 to recognize their work during the coronavirus pandemic.
last June and pledged to raise it to $15 an hour by the end of 2020.
The change in minimum wage will effectively give a raise to about 275,000 of its employees, the company said. Employees in some cities, such as New York City and San Francisco, already had wages of at least $15 an hour.
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