Target says it will increase worker pay by $2 an hour until May 2 and possibly beyond. In addition, Target is offering a new option for all employees who are 65 or older, pregnant or those with underlying medical conditions to access paid leave effective immediately.
Target will also pay bonuses to frontline team members, including, for the first time, bonuses for 20,000 hourly store team leads who manage individual departments in its stores across the country.
“We continue to experience incredible demand across our business, and Target’s ability to help our guests in this unprecedented time would not be possible without the strength of our team. I am proud and humbled by the dedication and humanity they show to our guests every day,” said Brian Cornell, CEO of Target. “Increasing their compensation for a job incredibly well done and ensuring continued compensation for those who need to care for themselves and their families is a reflection of our company’s values and simply the right thing to do.”
Target raised its minimum pay last year to $13 per hour and is trying to increase this to $15 per hour this year. Walmart also announced this week it will give full-time employees a $300 bonus and part-time workers a $150 bonus payable on April 2.
Details of Target’s team member investments announced include:
“Families across the country are counting on Target in so many ways during this pandemic, and our team has been nothing short of remarkable,” said Cornell. “The commitments we’re making today will provide additional resources for our most valuable asset—our team, their families and the communities impacted by the coronavirus.”
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