March 23, 2020 Joseph Jamrog - Researcher, i4cp

Target Builds on Our Support for Team and Communities with $300 Million+ Investment

Target announced that they are investing more than $300 million in added wages, a new paid leave program, bonus payouts and relief fund contributions. The announcement reads in part: “First, we’re continuing to make efforts to support our front-line teams. All full-time and part-time hourly team members working in stores and distribution centers will receive a $2-per-hour wage increase through at least May 2. Further, U.S. team members who are 65 or older, pregnant or who have underlying medical conditions as defined by the CDC now have access to paid leave for up to 30 days if they prefer not to work. These investments are on top of millions of dollars we’ll be paying out for the first time to some 20,000 hourly store team leads.”