Target Will Bump Pay By $2 Per Hour During Peak Parts of the Holiday Season

Target Corp. has announced another pay bump for its workers, this one focused on the holiday season. Target says it will raise wages by $2 per hour during peak moments during the holidays. The pay raise will apply to hourly store associates, select headquarter workers and service center team members every Saturday and Sunday from Nov. 20 to Dec. 19, Friday, Dec. 24 and Sunday, Dec. 26. Hourly supply chain workers will receive the extra pay for a two-week period that varies depending on building between Oct. 10 to Dec. 18. Target is adding more hours for existing associates, and has highlighted the flexibility of working hours. Retailers are offering these and many other perks in order to attract and retain staff during a tight labor market. Target is hiring 100,000 seasonal workers and adding 30,000 supply chain roles. Target stock has gained 28% for the year to date while the S&P 500 index is up 14.5%.

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