National & International

June 26, 2014

Ikea boosts its hourly pay to $10.76 amid minimum-wage debate

Ikea Group, the world’s largest furniture seller, will boost the average minimum hourly wage for workers at its U.S. stores to $10.76 as retailers and fast-food chains face criticism for not paying enough. Gap Inc. announced in February that it would raise its hourly pay for U.S. employees to $9 in 2014 and $10 next year.

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