Target has decided to pay their employees more, and some positions are starting out with a minimum wage as high as $24 per hour.
The minimum wage was bumped across the company to $15 per hour in 2020, which will remain in place.
Some employees may qualify for $24 per hour depending on the position they hold.
The company plans to put $300 million into their workforce across the nation.
Melissa Kremer, chief human resources officer at Target, stated that by investing in employees long term they can build careers.
Benefits offered aside from higher minimum wages at Target
Part of that $300 million will go toward better health benefits for hourly employees.
This will go into effect in April.
If employees are working at least 25 hours they can enroll in the medical plan.
The minimum before was 30 hours.
Target is not immune to struggling with hiring people since COVID-19 hit.
4.3 million people quit their jobs in Dec.
The hope is that by increasing the minimum wage and making it easier to access benefits, more people will want to work there.
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