Workers at Gap will make $10 per hour soon enough

  • Gap is setting its minimum wage to $9 this summer and to $10 in the year 2015. The company mentioned that the raise will affect about 65k workers and include stores such as Banana Republic and Old Navy. 

    President Obama praised he move, which will directly "support our business, and is one that we expect to deliver a return many times over," GAP CEO said. 

    The chief of the Retail said the biggest problem faced by workers is the difficulty to earn a good living by working enough hours. 

    America's biggest employer Walmart mentioned that it's neutral on the issue and already pays its employees over $10 per hour. 

    Tagged as: gap minimum wage, minimum wage workers, us retail workers wage, money news, business news