Target Corporation is set to pay nearly $200 million for bonuses to employees. After the pandemic, it’s now the fifth time to pay extras to its employees.
The retail company has decided to expand bonuses (after the outbreak) following a successful holiday season. In line with this, all hourly employees will be paid $500 and directors will get $1,000 to $2,000.
As the customers’ trend has shifted during the pandemic, with things like holding larger bags and comfortable curbside pickup, the company has taken advantage of the situation.
The trend gained a momentum on holidays, bringing in a rise in sales (17.2%) as well as multiplying e-commerce sales in two consecutive months of November and December.
Other benefits include paying quarantined employees, providing access to doctors online and supporting their families till the recovery.