Target announces pay raises, bonuses and new paid leave policy amid coronavirus
By Brooke Spiel
March 20, 2020
Target announced Friday that it would give employees a $2-per-hour pay raise, rolling out new benefits and bonuses as its staffers work to keep shelves stocked during the coronavirus pandemic.
In a press release, the company said it would give the raise to staff until at least May 2, making its new minimum wage $15 per hour. Target also said 20,000 hourly workers who manage individual departments within stores would be given bonuses between $250 and $1,500.
Target follows companies such as Amazon and Walmart, which have increased wages or given bonuses in recent days, as retail firms face a surge in shoppers as Americans stock up on essentials so they can quarantine and self-isolate as the coronavirus spreads.