Target Is Permanently Raising It’s Minimum Wage, Giving Out Bonuses, Offering New Benefits and Recognizing Juneteenth as a Holiday!
Target stores announced that it will permanently raise its starting wages for team members to $15 per hour. They will also give $200 bonuses to its front line store and distribution center workers for their efforts during coronavirus.
Target is also offering a new healthcare benefit that provides access to free virtual heath care visits through the end of the year. Employees are eligible they the use Target’s insurance plan or not. On top of that, the company announced extensions of a 30-day paid leave for vulnerable team members. There will be free backup care for family members. Target will continue to waive its absenteeism policy. Paid leave options will be available for team members who show symptoms, have a confirmed case, or have been quarantined due to exposure to coronavirus.
Target is working hard to support employee’s mental health, especially during Covid-19 and social unrest. They are offering free counseling sessions, new anxiety and sleep resources to all team members, as well. Overall, Target is investing nearly $1 billion more in the well-being of their employees than they did in 2019.
Target ALSO just joined a growing list of companies that recognizes Juneteenth (June 19th) as a company holiday. Juneteenth is the oldest nationally-celebrated in commemoration of the end of slavery in the United States. Stores and distribution centers are remaining open. Hourly team members working on Juneteenth will be paid time-and-a-half. All eligible team members will also have the option to take the day off, with full pay. Headquarters offices will remain closed in observance.
