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Walmart Target raise minimum wage for workers with more to come in 2018

Many people believe that teens benefit most from a minimum wage increase. While some teens work part time after school, live with their parents, and earn extra spending money, the reality of who a higher minimum wage helps may enlighten you.

According to the Economic Policy Institute, the average minimum wage worker is 36 years old. A whopping 89% are not teenagers, they are 20 or older. Believe it or not, more than 1 in 3 are 40 or older, more than half are women, over a quarter of them have children, and the majority work full time.

Walmart is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time $1,000 cash bonus to eligible employees and expanding its maternity and parental leave benefits.

The retailer said changes to its compensation and benefits policy will impact more than a million hourly workers in the U.S, with the wage increase effective February 2018.

The company is also creating a new benefit to assist employees with adoption expenses.

Retail competitor Target raised their minimum wage for workers to $11 an hour back in October 2017.

The federal minimum wage is expected to be $12 an hour by 2020.

Many states in the south have no state minimum wage. Georgia and Wyoming have the lowest state minimum wage at $5.15 per hour, though the national mandated lowest pay per hour is currently $7.25 so that would take effect.

The District of Washington D.C has the highest minimum wage presently at $12.50 an hour.

Compensation varies from state to state.

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Jeff Kode

Jeff Kode has previously written articles for The Arizona Republic ALT section, as well as other publications including Echo Magazine and IONAZ Magazine. He is an enthusiastic movie lover, and enjoys discovering new music. He was previously on air middays with his own show The Sugar Rush, and can now be heard 6-9am on The Morning Beat with Steve and Jeff at 88.7 The Pulse.




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