With 2020’s many twists and turns, it’s quickly shaping up to be a holiday season like no other. But one thing hasn’t changed: Our Target team members are pulling out all the stops to make every guest’s shopping experience safe, easy and full of joy.
To continue showing our thanks for their extraordinary performance during unprecedented times, Target is awarding more than 350,000 frontline team members another $200 bonus. This bonus will go to all eligible hourly team members in stores and distribution centers—including seasonal hires—plus hourly team members who support Target’s guest and team member contact centers.
“In a year like no other, I’m proud of what this team has accomplished and grateful for the care and connection they’ve provided our guests and communities,” says Melissa Kremer, Target’s chief HR officer. “Target’s success this year is a direct result of our team members turning our purpose into action and meeting our guests’ changing needs day after day.”
This bonus represents an investment of more than $70 million in our team ahead of the holidays. It’s also the fourth time Target has recognized our frontline team members or leaders with bonuses in 2020. That’s on top of several increases in our pay and benefits, including our permanent move to a $15 starting wage—all part of the nearly $1 billion more this year Target’s investing in our team members’ well-being, health and safety. Take a closer look:
Taking Care of Our Team
Showing gratitude to our team members for their incredible contributions to serving our guests and business throughout this extraordinary year.
Recognition Bonuses for our Team in 2020
April: Bonuses ranging from $250 to $1,500 to 20,000 store team leads who oversaw individual departments in stores in April
July: $200 bonuses to all hourly full-time and part-time team members in stores and distribution centers in July
July: Performance bonus for all Store Directors, Executive Team Leaders and salaried Distribution Center leaders in July
October: $200 bonuses to more than 350,000 frontline team members by early November, representing an investment of more than $70M in our team ahead of the holidays
These bonuses are part of the nearly $1 billion more this year that we’re investing in the well-being, health and safety of team members, including a permanent minimum starting wage increase to $15.
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