Target are increasing the minimum wage for its staff to $15 an hour. Employees will recieve the increased wage from July 5. The new wage increase will mean that Target will be ahead of rival Walmart, which has its starting wage at $11 an hour.
Target aren’t stopping there though, the discount reailer are to give out a one-time recognition bonus of $200 to its frontline full-time and part-time hourly employees at both stores and distribution centers to show appreciation for the efforts throughout the Covid-19 pandemic.
“In the best of times, our team 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 changing needs of our guests and our business year after year, everything we aspire to do and be as a company builds 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.” – said Brian Cornell, chairman and CEO, Target.
