Target is giving employees who work in its stores and distribution centers another $200 bonus.
The Minneapolis-based company said Monday it is thanking its frontline workers with this bonus ahead of the holiday season.
“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,” Melissa Kremer, Target’s chief HR officer, said in a statement. “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.”
Target says roughly 350,000 workers – including eligible hourly workers in stores and distribution centers, seasonal hires, and those who work in contact centers – will receive a $200 bonus. It'll amount to a more than $70 million investment.
It marks the second $200 bonus Target has given these employees since the pandemic began. The other bonus was announced in July.
It's also the fourth time Target has given a bonus to store workers who can't work from home – like corporate employees are – since the start of the pandemic.
The company says it has spent nearly $1 billion so far this year on additional investments in its workers, and in July it permanently increased its starting minimum wage to $15 an hour.