Target announces pay raises, bonuses and new paid leave policy amid coronavirus
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.
According to Target, it's investing a total of $300 million in new initiatives to compensate and thank employees who are facing major crowds and still coming into work during the pandemic.
“We continue to experience incredible demand across our business, and Target’s ability to help our guests in this unprecedented time would not be possible without the strength of our team. I am proud and humbled by the dedication and humanity they show to our guests every day,” CEO Brian Cornell said in the press release. “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.”
https://thehill.com/regulation/business/488733-target-announces-pay-raises-bonuses-and-new-paid-leave-policy-amid
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they are giving the raises "until at least May 2"... so they're temporary raises? The reason they are doing this is to retain people. I work in a grocery store and 40% of our staff just stopped coming in when shit got real. And we're a Union shop that ALREADY pays well and has decent healthcare plans. Most of the prepared foods dept is furloughed and everyone who isn't is reassigned to grocery stocker or bulk dept. Our cashiers are in just as much danger as Airport workers. Nurses, Doctors and Grocery store workers should be getting hazard pay.
