Target announced today it’s raising its minimum wage to $15 an hour at stores and distribution centers starting July 5. The company also announced a one-time bonus of $200 for hourly full and part-time employees who worked during the Covid-19 pandemic. Bonuses will be paid out at the end of July.
Three years ago, Target announced a plan to increase hourly pay from $10 to $15 an hour over a three year period. It raised the minimum wage to $13 an hour last year and promised to raise the amount to $15 an hour by the end of 2020.
The company also added a new benefit this week. All Target workers can get free access to virtual doctor visits through the end of the year, even if they don’t have health insurance through the company.