Target spent $300 million to give raises and paid leave to workers
“With each passing day, it’s clearer how indispensable our team is to communities across the country as our guests cope with the coronavirus,” said Target CEO Brian Cornell in a statement. “Increasing their compensation for a job incredibly well done and ensuring continued compensation for those who need to care for themselves and their families is a reflection of our company’s values and simply the right thing to do.
The company also said employees who are 65 or older, pregnant or who have underlying medical conditions as now have access to paid leave for up to 30 days if they would rather stay home. This is in addition to changes it had already made, like agreeing to pay workers who cannot come in because they have contracted coronavirus or been ordered to self-quarantine.
Target will also donate $10 million to fund various relief efforts, including $1 million to go toward workers who have been most impacted by the coronavirus and the rest to local, national and global organizations like Feeding America and UNICEF. The nation’s reliance on brick-and-mortar retailers like Target, Walmart and Kroger has become exceedingly clear in the last week, as canned goods, frozen food, hand sanitizer and other staples fly off the shelves. At the same time, scores of retailers like Nordstrom, Gap and Victoria’s Secret have announced voluntary,
in an effort to help prevent the further spread of coronavirus. California and New York have ordered all non-essential businesses to shut down.
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