Target Continues to Invest in Team Members with $15 Starting Minimum Wage
According to an official statement, Target has made it clear its team members are the most important asset and play the leading role in driving Target’s commitment to guests and communities. The company has continued to invest in them, which includes permanently raising its starting wage to $15 beginning July 5.
In addition, Target is giving front-line team members in stores and distribution centers a one-time recognition bonus of $200 to thank them for providing essential services to guests throughout the coronavirus pandemic.
Target will invest nearly $1 billion more this year in the well-being, health and safety of team members than it did in 2019, which includes increased wages, paid leaves, bonus payouts, personal protective equipment and a donation to the Target Team Member Giving Fund.
“In the best of times, our teams brings incredible energy and empathy to our work and in harder times they bring those qualities plus extraordinary resilience and agility to keep Target on the forefront of meeting the changings needs of our guests and our business year after year,” said Brian Cornell, Chairman and CEO of Target Corporation. “Everything we aspire to do and be as a company build on the central role our team members play in our strategy, their dedication to our purpose and the connection they create with our guests and communities.”
For more information, visit the company’s website.