daveman
Diamond Member
From last year:
Hobby Lobby Raises Minimum Wage to $14 for Full-Time Employees
Hobby Lobby Raises Minimum Wage to $14 for Full-Time Employees
BY LEONARDO BLAIR , CP REPORTER
April 18, 2013|5:29 pm
Arts and crafts giant Hobby Lobby Stores Inc. announced on Monday that effective immediately, the minimum wage for its full-time hourly employees at its stores and affiliate Hemisphere was increased to $14. The hourly wage for part-time employees was also increased to $9.50.
In a report on Thursday, founder and CEO of the company David Green said the decision was simply an acknowledgement of the hard work and dedication of his employees.
"We are very fortunate to be able to increase hourly wages for our employees, because we know our company would not be successful without the great work they do each day in our stores across the nation," said Green.
"We know that if we reward our employees for their hard work, we will be rewarded in turn with their loyalty and dedication to their job and to our customers," he added.
Hobby lobby, one of America's largest privately owned companies headquartered in Oklahoma City, Okla., employs 22,000 workers in 525 stores nationwide. This is the fifth successive year the company has increased wages for hourly paid full-time workers and the fourth for those working part-time. In 2012, full-time workers were paid $13 per hour while part-time workers earned $9. Full-time employees at Hobby Lobby and its affiliate now earn nearly two times more than the national minimum wage set at $7.25 per hour.
"As a family-owned business, we want our employees to feel like they are part of a family," said Green. "This is one way we can show our appreciation for their work and make them feel like part of a team."
April 18, 2013|5:29 pm
Arts and crafts giant Hobby Lobby Stores Inc. announced on Monday that effective immediately, the minimum wage for its full-time hourly employees at its stores and affiliate Hemisphere was increased to $14. The hourly wage for part-time employees was also increased to $9.50.
In a report on Thursday, founder and CEO of the company David Green said the decision was simply an acknowledgement of the hard work and dedication of his employees.
"We are very fortunate to be able to increase hourly wages for our employees, because we know our company would not be successful without the great work they do each day in our stores across the nation," said Green.
"We know that if we reward our employees for their hard work, we will be rewarded in turn with their loyalty and dedication to their job and to our customers," he added.
Hobby lobby, one of America's largest privately owned companies headquartered in Oklahoma City, Okla., employs 22,000 workers in 525 stores nationwide. This is the fifth successive year the company has increased wages for hourly paid full-time workers and the fourth for those working part-time. In 2012, full-time workers were paid $13 per hour while part-time workers earned $9. Full-time employees at Hobby Lobby and its affiliate now earn nearly two times more than the national minimum wage set at $7.25 per hour.
"As a family-owned business, we want our employees to feel like they are part of a family," said Green. "This is one way we can show our appreciation for their work and make them feel like part of a team."