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Hobby Lobby to raise its minimum wage to $17 per hour for full-time employees

Hobby Lobby to raise its minimum wage to $17 per hour for full-time employees

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Hobby Lobby

Hobby Lobby will become the first retailer in the country to raise its minimum full-time hourly wage to $17. The increase takes effect Oct. 1.

The retailer is based in Oklahoma City.

In a statement Monday, the company said it was one of the first retailers to establish a nationwide minimum hourly wage above the federal minimum wage and has raised its minimum wages ten times over the last eleven years.

In 2014, Hobby Lobby raised its full-time minimum hourly wage to $15 an hour.

The federal minimum wage is $7.25 per hour. 

He added: "Because this year has presented so many challenges to our employees, we are very happy that we are able to provide pay increases to thousands of our associates before the Christmas season."

Hobby Lobby was founded in 1972 and operates 923 retail stores.

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