Target is giving post-holiday bonuses to employees
After a double-digit increase in holiday season sales, Target announced it will be distributing $500 bonuses to its hourly team members.
This marks the fifth round of bonuses that the mega-retailer has announced since the start of the coronavirus pandemic. This time around, money from a $200 million bonus pool will be distributed to 375,000 team members, including seasonal employees who worked during an unprecedented holiday season. Store directors and others in leadership positions will be receiving bonuses ranging between $1,000 and $2,000.Posted — Updated
This marks the fifth round of bonuses that the mega-retailer has announced since the start of the coronavirus pandemic. This time around, money from a $200 million bonus pool will be distributed to 375,000 team members, including seasonal employees who worked during an unprecedented holiday season. Store directors and others in leadership positions will be receiving bonuses ranging between $1,000 and $2,000.
The video was also posted to Twitter:
Target also said it will be extending its coronavirus-related employee benefits in 2021, with free virtual doctor visits for all team members, 30-day paid leave for vulnerable team members, mental health support through free counseling sessions and more. There’s no word yet on more bonuses, but the retailer has been awarding them consistently throughout the pandemic.
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