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Gap raises minimum hourly rate for US employees

February 20, 2014 (United States Of America)

In an all-employee call early this morning, Glenn Murphy, Chairman and CEO of Gap Inc., announced to employees that, in line with its promise to “do more than sell clothes,” it will raise the minimum hourly rate for U.S. employees to $9 in 2014 and $10 in 2015 across its family of six brands.    
 
This will ultimately benefit about 65,000 store employees on February 19, 2014
 
Gap is a leading global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies. With more than 137,000 employees and more than 3,100 company-operated stores and more than 350 franchise stores, its presence is felt around the world.

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