Target Expands Employee Benefits Amid Higher Wage Initiative

Target Corp. is expanding benefits for both hourly and salaried workers, including part time, amid its bid to hit a $15 minimum wage by the end of next year.

Melissa Kremer, chief HR officer, said that after taking a “strong position” on minimum wage, having raised its hourly rate to $13 per hour this month, pay is only one aspect of a team member’s experience working for the retailer.

“Our team finds so much support here to grow their skills and careers, make a difference in their communities, and take care of themselves and their families—including benefits that we’re enhancing to be more relevant across a breadth of life stages,” she said.

Starting in the fall, Target will extend affordable backup care solutions, which was initially introduced at the company’s headquarters and will include 20 days total of low-cost, in-center child care or in-home child or elder care.

The retailer has also updated its paid family leave policy. Starting June 30, team members will receive double the amount of paid time off after a new child enters a household, be it through birth or adoption, on top of medical leave awarded to those who give birth.

Additionally, Target is doubling the amount of reimbursement it provides to team members who adopt or require surrogacy fees, which is part of a program the retailer has offered for a decade.