# Target giving workers a $200 bonus
Table of Contents
“#
Target giving workers a $200 bonus
”
Target has now invested nearly $1 billion in its workers, topping 2019
Target has given workers four bonuses in 2020
AFP via Getty Images
Target Corp. said Monday that it will once again offer its frontline workers and leaders a bonus, this time for $200.
The bonuses will be paid out by early November to 350,000 employees.
TGT,
has given its workers bonus pay. All told, when including bonuses, benefits, and the minimum pay raise to $15 per hour implemented in July, Target says it has invested nearly $1 billion in its workers, topping 2019.
The announcement comes as Target and other retailers get the holiday shopping season into full swing following Amazon.com Inc.’s
AMZN,
Prime Day event last week.
Target, Walmart Inc.
WMT,
and other retailers have announced plans to stretch Black Friday promotions throughout the month of November in light of the impact from the coronavirus pandemic, and are making adjustments to meet an expected surge in e-commerce demand.
Read: Walmart will spread Black Friday deals over multiple days as retailers try new ways to drive holiday traffic
Target stock has gained 29.6% for the year to date while the S&P 500 index
SPX,
is up 8.4% for the period.
For forums sites go to Forum.BuradaBiliyorum.Com
If you want to read more News articles, you can visit our News category.
