In a Monday February 28th release, Target Corporation announced new starting wage rates ranging from $15 to $24 per hour depending on location, job and training.  The increase is a component of a $300 million pay and employee benefits package for 2022.

Target has a history of progressively increasing wage rates with an $11 per hour benchmark in September 2017 followed by a revision to $15 in July 2020.  The company intends to be the wage leader in all area where it operates with close to 2,000 stores in 50 states and D.C. 

Concurrently with the wage increases, Target will expand healthcare coverage to include those working a minimum of 25 hours per week.  Other benefits include debt-free education assistance offered by 40 colleges and a series of in-company programs.  Target will offer family services including paid family leave and stable schedules to facilitate child care.

Melissa Kremer, Chief Human Resources Officer stated, “We want all team members to be better off for working at Target. Years of investments in our culture-of-care, meaningful pay, expanded healthcare benefits and opportunities for growth have been essential to helping our team members build rewarding careers.”