Skip to main content
  1. News
  2. Top News

Gap raises wages despite National Retail Federation opposition

See also

Gap is raising wages after telling its employees around the nation that the company will set $9 as the minimum hourly rate for its United States work force in 2014. In addition, on Feb. 19 according to the Financial Times, Gap told those who work for this corporation's huge string of retail stores that a $10 minimum wage will be put into play in 2015.

A report on Wednesday by The New York Times says this rather surprising move by Gap will mean higher pay "for 65,000 of its 90,000 employees" who work in the US. Those employees have jobs at The Gap as well as at Banana Republic and Old Navy, among other outlets.

Currently, Gap employees are said to be paid as low as $7.25 an hour, which is the current federal minimum wage.

So why the jump in salaries across the board at this point?

Because the United States Congress, urged on by President Obama, is currently in talks about the pros and cons of a bill in play. This bill includes a proposed increase in federal minimum wage to $10.10 an hour by 2016 with many merchants not too pleased about that concept.

In fact, the Financial Times says, "The National Retail Federation, a lobby group that counts Gap among its members, has vehemently opposed an increase in the minimum wage."

Despite that alleged fact, Gap Inc. is in opposition with The National Retail Federal and other retailers while siding with President Obama and promising to do something positive in terms of raising minimum wages for a large percentage of this huge company's hourly paid workers.

The President of the United States said in a statement, "I applaud Gap Inc. for announcing that they intend to raise wages for their employees."

Advertisement

News

  • Gaza conflict
    Israel official: Ceasefire and expanding Gaza conflict are both being discussed
    Video
    Video
  • Air Algerie crash
    Conflicting reports about the Air Algerie disappearance begin to emerge
    Top News
  • Arizona execution
    A Senator familiar with torture denounces Joseph Wood's botched execution as such
    US News
  • Ray Rice suspended
    Ravens' running back Ray Rice is suspended for two games for a domestic violence arrest
    Sports
  • Amazon tribe falls ill
    An Amazonian tribe catches influenza after making first contact with the developed world
    Headlines
  • CIA prison in Poland
    Poland is declared guilty of human rights violations for hosting a secret CIA prison
    Video
    Video

Related Videos:

  • Hollywood in 'state of emergency' from blockbuster runaways
    <div class="video-info" data-id="517915998" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=517915998&autoStart=true"></div>
  • Barracuda attack: Fla. teen injured after barracuda jumps in boat
    <iframe width="560" height="315" src="//www.youtube.com/embed/5i-gkWmPGJU?VQ=HD720&amp;allowfullscreen=true&amp;autoplay=1"></iframe>
  • Earth sixth mass extinction: Study reveals shocking facts of life on our planet
    <div class="video-info" data-id="518263072" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=518263072&autoStart=true"></div>