Target to Pay Seasonal Employees Extra $2 an Hour During Peak Holiday Periods in Bid for Worker Retention
Written by
Yaël Bizouati-Kennedy
Edited by
Daria Uhlig
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
Target said it would pay seasonal employees an extra $2 per hour for each hour worked during peak dates through the holiday season. The announcement follows similar initiatives by other big retailers that are trying to get creative to attract workers amid a labor shortage.
See: 25 Best Startup Business Ideas to Make Money in 2021
Find: Didn’t Get Your Child Tax Credit? Here’s How to Track It Down
“This team continues to be at the heart of our strategy. You have shown up consistently for our guests and one another with a tremendous amount of care and we know this busy holiday season will be no different,” chief human resources officer Melissa Kremer said in the announcement. “This is just one more way of expressing our deep gratitude for your significant contributions. Thank you for the many ways you bring joy to all families and for all you do to make Target a place where we can care, grow and win together.”
Target has a $15 minimum starting pay.
For hourly store, select headquarter and service center employees, an additional $2 per hour will apply for each hour worked on Saturday and Sunday from Nov. 20 to Dec. 19, as well as Friday, Dec. 24 and Sunday, Dec. 26, according to the announcement. For hourly supply-chain team members, the extra $2 will apply for a two-week period from Oct. 10 to Dec. 18, with specific dates varying by building.
See: Stimulus Update — States Give Out Thousands of Bonus $1,000 Checks — Will You Get One?Find: Here’s How Much You Need to Earn to Be ‘Rich’ in 23 Major Countries Around the World
Just last week, the retailer said it was adding 30,000 positions to its supply-chain facilities nationwide, and last month, it said it will hire 100,000 seasonal team members at its stores across the country.
“When the holidays are over, many of those team members will have the opportunity to stay onboard,” the company said last month.
More From GOBankingRates
- 101 Easy Ways To Save Money Daily
- The 8 Best Deals From Costco’s September Coupon Book
- Nominate Your Favorite Small Business To Be Featured on GOBankingRates
- 10 Reasons You Should Claim Social Security Early
