Target Is Spending $300M On Employee Pay Raises And Sick Leave Target
On top of that, Target is giving $10 million to COVID-19 relief efforts, which includes $1 million for a Target employee fund to assist workers affected by the coronavirus.
“With each passing day, it’s clearer how indispensable our team is to communities across the country as our guests cope with the coronavirus,” Cornell added. “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.”
The only caveat to this financial boon is that the wage increases will only last until May 2, presumably to cover the coronavirus-related rush of business and frenzy as our country decides how long these business shutdowns will last.changes to its already generous “backup care” policy which allows employees 20 days of in-center or in-home childcare or eldercare through a partner network.
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