Target Corporation announced on Wednesday August 4th that $200 million will be invested over the next four years to promote educational opportunities for any of the 340,000 U.S.-based employees. Target will reimburse workers for attendance at 40 schools, colleges and universities if they select from among 250 business programs including computer science and business management. Employees undertaking other study options will receive up to $5,250 for non-masters degrees and up to $10,000 for masters’ degrees annually.
Melissa Kremer, Chief Human Resources Officer for Target stated, “A significant number of our hourly team members build their careers at Target and we know many would like to pursue additional education opportunities.” She added, “We do not want the cost to be a barrier for anyone.”