Target Corp. announced plans to raise the minimum hourly wage for all workers to $11 next month, and will increase it to $15 by the end of 2020.
Target will provide pay increases to thousands of team members across the country before the holiday season. This increase will also apply to the more than 100,000 hourly team members that Target is hiring for the holiday season. The commitment to move to a minimum hourly wage of $15 will be implemented between now and the end of 2020.
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“Target has a long history of investing in our team members. We care about and value the more than 323,000 individuals who come together every day with an absolute commitment to serving our guest,” said Brian Cornell, CEO and chairman of Target.
On average, Target employs 160 team members per store and offers career planning and development opportunities.
The chain retailer is already gearing up for the busiest shopping season of the year, hiring 100,000 people at more than 1,800 stores in the United States. That’s up from 70,000 seasonal hires in 2016. Besides the 100,000 hourly hires for stores, Target also has opportunities for thousands of seasonal employees who will fulfill online orders.
Target says seasonal employees will receive a 10 percent merchandise discount at Target and Target.comand “an additional 20 percent wellness discount on fruits and veggies, Simply Balanced brand foods and C9 athletic gear.”
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