Investment marks fifth round of pandemic-related ‘thank you’ payments
Following a strong holiday season — and a difficult year working under a national pandemic — Target Corp. is investing $200 million in employee recognition bonuses across its operations.
Target said Monday that it plans to pay $500 bonuses to all hourly workers in stores, distribution centers, and corporate and field-based offices. Also, all store directors, executive team leaders and salaried distribution center leaders — about 12,000 people in total — will receive bonuses of $1,000 to $2,000.
“We’re so proud of our team. They’re the heart and soul of Target, showing up for one another and our guests — and making Target a safe and easy place to shop and work. And never has their dedication, resiliency, care and compassion been more appreciated than during the pandemic,” Target stated in announcing the bonuses, noting that 2020 was “a year unlike any other.”