Human Resources Today

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thegap

The Gap: Increasing Employee Retention through Increasing Its Minimmum Wage

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The Gap: Increasing Employee Retention through Increasing Its Minimmum Wage

As part of my morning routine, I was sifting through emails on my iPhone today when I came across an email from Gap Inc. with the subject line, “Gap is doing more…” I normally delete these sorts of promotional emails, but this subject line was catchy enough to get me to click through. I assumed it was some sort of corporate social responsibility effort, like reusing waste products from the supply chain or partnering with a non-profit. I was pleasantly surprised to find that it had to do with increasing the minimum hourly rate of their employees to $9 in 2014 and to $10 in 2015. As a customer and former employee of the Gap, I applaud the company, and it’s not necessarily because I feel strongly one way or the other about the minimum wage debate. To catch you up to speed on the minimum wage debate, here are a few quick facts:

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