10 companies that pay workers $15 an hour or more

Target made headlines this week by announcing that employees in certain states would be hired at $24 an hour this year.

The federal minimum wage is $7.25 an hour and hasn’t changed since 2009.

Target and other companies offer starting salaries to make the market competitive, which is good news for workers.

ETNA

Aetna was ahead of the starting salary curve.

The company announced that it would raise the base hourly wage for US employees to $16 per hour in 2015. Its parent company, CVS, is also raising wages.

Consult the job offers here.

ALDI

Aldi Grocery is known for its low prices, but you might not know that it is also considered one of the best companies for working people.

“We know the importance of investing in our people,” said David Rinaldo, co-president of Aldi US, in a press release announcing increased salaries and hiring.

Starting salaries for store and warehouse positions range from $15 to $19 per hour, depending on the market and position.

Check out the jobs here.

AMAZON

Amazon says $15 is just the start for its employees.

In some areas, the company says its starting salary is $18 an hour.

The company also offers benefits from day one, including health care, paid family leave and tuition.

View job openings here.

BANK OF AMERICA

Bank of America announced in the fall that it was raising starting wages to $21 an hour. The company says it’s on track to raise those wages to $25 an hour by 2025.

“Our company’s focus on responsible growth requires that we provide a great place to work,” Sheri Bronstein, chief human resources officer at Bank of America, said in a press release.

Click here for job vacancies.

BEST BUY

Best Buy announced in August that workers would start at $15 an hour.

The company also says it provides free health care for employees and dependents, fitness membership and other staff services.

See the openings here.

COSTCO

Costco raised its starting wage to $17 an hour in October. This is up from $16 in February 2021 and $15 in 2019.

Costco CEO W. Craig Jelinek says raises mean good business because higher wages reduce revenue.

According to the company, the average tenure of a Costco employee was 9 years, at least as of 2021.

Workers also enjoy paid holidays and the right to health care.

Click here for job vacancies.

CVS HEALTH

CVS Health announced in August that it was raising the minimum hourly wage to $15 per hour. The increase will take effect in July 2022.

According to CVS, 65% of the company’s employees already earn more than that.

View job openings here.

LEISURE LOBBY

Hobby Lobby Stores, Inc. increased its full-time hourly minimum wage to $18.50 in early 2022.

The company made the announcement in December.

“We have a long history of supporting our employees,” said David Green, Founder and CEO of Hobby Lobby. “In 1998, we made the decision to close our stores on Sundays and at 8:00 p.m. the rest of the week, to give employees time for rest, family and worship. We have also worked hard over the years to provide the best salaries and benefits in retail, which has allowed us to attract and retain an outstanding group of associates to serve our dedicated customers.

The company provides health care and paid vacations to employees. Check the openings here.

PNC BANK

PNC Bank raised the minimum hourly wage to $18 in November 2021.

“Our employees are our most valuable resource, and by investing in them, we are investing in our future,” said Vicki Henn, executive vice president and chief human resources officer of PNC.

The company says the salary increase is aimed at attracting and retaining the best employees, which, in turn, will strengthen the bank’s position in the market.

Click here for jobs at PNC.

TARGET

Target announced Monday that its minimum wage will be between $15 and $24 an hour.

The $24 hourly wage will be offered in areas with competitive markets, such as New York.

His universal starting salary is $15.

View job openings here.

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