Target new hires could start at $24 an hour
MINNEAPOLIS-Target Corp. announced on Monday that new hires will receive a starting wage of between $15 and $24 an hour.
The Minneapolis-based retail giant said the exact starting salary for an employee in the range will depend on the job, the local market, local salary data and other factors.
“Our team is central to our strategy and success, and their energy and resilience keep us at the forefront of meeting the changing needs of our customers year after year,” said Melissa Kremer, Chief Human Resources Officer. of Target, in a press release. Release.
“We want everyone on the team to be better off working at Target, and years of investing in our culture of care, meaningful compensation, expanded healthcare benefits and opportunities for growth have been essential. to help our team members build rewarding careers.”
Target also announced Monday that it will be rolling out broader health care coverage for its hourly team members:
Hourly store team members who work at least 25 hours per week on average will be eligible to enroll in a Target medical plan, down from the previous requirement of 30 hours per week.
Target will also reduce the waiting period for all eligible hourly team members to enroll in a Target medical plan. Depending on the position, eligible team members can access comprehensive healthcare benefits three to nine months earlier.
Target will provide additional benefits, including virtual physical therapy at no cost, enhanced fertility benefits and other new wellness offerings, as part of most Target medical plans. Team members will also have faster access to 401(k) plans.
In total, the company said it would invest an additional $300 million in improving wages and benefits for its workers.