Target announced Friday that it would give employees a $2-per-hour pay raise, rolling out new benefits and bonuses as its staffers work to keep shelves stocked during the coronavirus pandemic.
In a press release, the company said it would give the raise to staff until at least May 2, making its new minimum wage $15 per hour. Target also said 20,000 hourly workers who manage individual departments within stores would be given bonuses between $250 and $1,500.
Target follows companies such as Amazon and Walmart, which have increased wages or given bonuses in recent days, as retail firms face a surge in shoppers as Americans stock up on essentials so they can quarantine and self-isolate as the coronavirus spreads.
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On top of the pay raise and bonuses, the company also announced a new paid leave option for staff who have underlying health conditions or who are 65 or older. Under the plan, those employees would be able to take 30 days paid leave so they can stay home.
Target also announced a $10 million donation to fund coronavirus relief efforts spread out to multiple different organizations both local and national.
The Hill
Saturday, March 21, 2020
Target response to Covid-19
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