Christian founded and owned Hobby Lobby announced today that they were raising their minimum wage for full time employees to $18.50 per hour.

Hobby Lobby currently operates 956 retail stores in 47 states across the U.S. Since 2009, the company has raised its minimum wage 12 times. 

Other companies have also announced minimum wage increases in recent months most between $15 to $17 an hour including Walmart, Costco, Walgreens and CVS. 

The federal minimum wage is $7.25 per hour.