Target Will Invest $300 Million Into its Workers During Pandemic

Target has announced that the company will be investing more than $300 million into its workers to help families throughout the current health crisis.

The money will go to “added wages, a new paid leave program, bonus payouts and relief fund contributions.”

All full-time and part-time hourly team members in stores and distribution centers will “receive a $2-per-hour wage increase through at least May 2.” Also, any employees who are 65 or older pregnant, or have underlying medical conditions have access to paid leave for up to 30 days if they prefer not to work.

“With each passing day, it’s clearer how indispensable our team is to communities across the country as our guests cope with the coronavirus,” Target CEO Brian Cornell said in a statement. “Increasing their compensation for a job incredibly well done and ensuring continued compensation for those who need to care for themselves and their families is a reflection of our company’s values and simply the right thing to do.”

Target and the Target Foundation are also giving $10 million to expand relief and assistance to our team members, as well as local, national and global organizations responding to the pandemic.