Agence France-PresseFebruary 20, 2014 01:49
US retailer Gap Inc. announced Wednesday that it will voluntarily boost the minimum wage of US employees to $9 an hour in 2014 and $10 an hour in 2015.
Gap said the policy change will affect about 65,000 workers in the US.
"Our analysis determined that by increasing hourly pay for US employees to a minimum of $10 in 2015, we can strengthen our ability to attract and retain a skilled, enthusiastic and engaged workforce," Gap said on its website.
The policy applies to all Gap stores, which include the namesake brand, Banana Republic and Old Navy.