Target is raising wages and adding 100,000 temporary workers
A record number of Americans have been quitting their jobs and businesses have been struggling to fill positions ahead of the holiday season. Meanwhile, at Target, there are neither of these problems.
On Wednesday, Target said that the turnover rate for hourly workers this year was lower than in 2019 even after accounting for new hires. The retailer is also adding another 100,000 temporary workers to keep up with holiday demand and is offering its existing workforce 5 million additional hours of work during the busiest stretch of the year.
John Mulligan, Target's chief operating officer said, "The way we achieve our staffing goals is [to] retain the team we have. He added that the average hours worked by a store employee is "running significantly higher this year in comparison to past years." In 2019, workers criticized Target for cutting their hours and for making it hard to pay for health insurance through the company and in some cases, pay their bills. Mulligan said that this year Target has been giving employees a much more flexible schedule and has been training them for different positions which have helped open up additional hours for those who want more work. Additionally, Target has also raised its starting wage to $15 an hour, offered spot bonuses to workers during the pandemic and expanded its training and benefits packages.
Source: CNN
On Wednesday, Target said that the turnover rate for hourly workers this year was lower than in 2019 even after accounting for new hires. The retailer is also adding another 100,000 temporary workers to keep up with holiday demand and is offering its existing workforce 5 million additional hours of work during the busiest stretch of the year.
John Mulligan, Target's chief operating officer said, "The way we achieve our staffing goals is [to] retain the team we have. He added that the average hours worked by a store employee is "running significantly higher this year in comparison to past years." In 2019, workers criticized Target for cutting their hours and for making it hard to pay for health insurance through the company and in some cases, pay their bills. Mulligan said that this year Target has been giving employees a much more flexible schedule and has been training them for different positions which have helped open up additional hours for those who want more work. Additionally, Target has also raised its starting wage to $15 an hour, offered spot bonuses to workers during the pandemic and expanded its training and benefits packages.
Source: CNN
Category
Promotion
Background Checks
Hiring
Global Mindset
Campus Placement
What it is like to work in?
Teamwork
Pay Equity
Mental Wellness
Severance Pay
Age
Downsizing
Fiduciary Duty
Workplace Culture
Retaliation
Workers' Compensation
Affirmative Action
Paid Leave
Employee Surveys
Religion & Spirituality
People Management
Unemployment Benefits
Termination
HR Careers
Flexible Spending Account
Leadership &
Records & Reports
Employee Data Privacy
Emergency Response
Hiring & Firing
Educational Assistance
Whistleblowing
Salary Surveys
Business Continuity
Job Applications &
Privacy
Overtime Eligibility &
Sexualy Harassment
HR Software
Change Management
Substance Abuse
Job Descriptions
Do's & Don'ts
Dependent Benefits
Artificial Intelligence
Workplace Stories
Recruiting
Succession Planning
Disability Benefits
Environmental Health Hazards
Tags
Article
Return to Office: Tips to cope with Change
The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...
Financial steps to consider before quitting your job
Americans live paycheck to paycheck, making it difficult to leave their current employer. All thing ...
How to Avoid Burnout in 2022
Whatever your work setting may be, it’s important to stay productive while you don’t burn out. Here ...
What Are the Costs to Consider While Planning A Recruitment Budget?
If your organization is on a hiring spree too, one of the key things to consider is the recruitment ...
Comments