Here Are The Companies And States That Are Raising Wages
Tens of millions of workers across the country will be getting raises over the next few years. With the labor movement at its strongest in nearly half a century, millions of workers will be going on strike. At the same time, states continue raising wages either as part of prior legislation incrementally working toward a $15 minimum wage or because their state minimum wages grow with inflation. Meanwhile, companies have felt the pinch and corporations with countless millions of employees are gradually working toward a $15 minimum wage. At this rate, 2022 will be the year that America's effective minimum wage, or the average minimum wage for American workers, hits $15. This would send a powerful message that $15, compared to 10 years ago, is no longer a "radical left idea," but the standard in business today.
Below is an incomplete list of some of the biggest companies that raised their minimum wage in 2021:
- Hobby Lobby: $18.50/Hour (43,000 Employees)
- Costco: $17/Hour (288,000 Employees)
- IKEA-United States: $16/Hour (25,000 Employees)
- Frost Bank: $20/Hour (2,000 Employees)
- Charter Communications: $18/Hour (100,000 Employees)
- T-Mobile: $20/Hour (75,000 Employees)
- Walt Disney World: $15/Hour (77,000 Employees)
- Bank of America: $21/Hour (213,000 Employees)
- CVS: $15/Hour (300,000 Employees)
- Walmart: $12/Hour (550,000 Employees)
- McDonald's: $11/Hour (200,000 Employees)
- Chipotle: $11/Hour (65,000 Employees)
- Darden Restaurants: $12/Hour (160,000 Employees)
- Amazon: $18/Hour (75,000 Employees)
- Federal Government: $15/Hour (300,000 Employees)
- Arizona: $12.80
- California: $15
- Colorado: $12.56
- Connecticut: $14
- Delaware: $10.50
- Florida: $11
- Illinois: $12
- Maine: $12.75
- Maryland: $12.50
- Massachusetts: $14.25
- Michigan: $9.87
- Minnesota: $10.33
- Missouri: $11.15
- Montana: $9.20
- Nevada: $10.50
- New Jersey: $13
- New Mexico: $11.50
- New York: $13.20
- Ohio: $9.30
- Oregon: $13.50
- Rhode Island: $12.25
- South Dakota: $9.95
- Vermont: $12.55
- Virginia: $11
- Washington: $14.49
- Washington, D.C: TBD
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