Target
RANK
12
Throughout the pandemic, Target rolled out new benefits and programs to help its frontline workers, including awarding $200 bonuses to hourly full- and part-time store employees in July 2021. The retailer is continuing its commitment to strong teams and a supportive workplace by bolstering its minimum wage and health care benefits. In February, Target expanded its starting wage range by $9 per hour in an initiative that will roll out regionally throughout 2022. Depending on the location and position, Target will now pay a starting rate between $15 and $24 per hour. And beginning in April, Target store employees who work an average minimum of 25 hours a week will have the option to enroll in the company’s health insurance plan—an expansion that makes 20% of the retailer’s workforce newly eligible for comprehensive health care benefits.
Read the Great Place to Work review.
Courtesy of Target
Company Information
As of 2/1/2023
Country
U.S.
Headquarters
Minneapolis
Industry
General Merchandisers
CEO
Brian C. Cornell
Website
Company Type
Public
Ticker
TGT
Revenues ($M)
$108,721
Profits ($M)
$3,448
Market Value ($M)
$74,667
Employees
450,000
Figures are for the latest twelve months ended Oct. 31, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.
Best Companies
Rank last year
14
Years on list
2
Employees (as of March 2022)
450,000
Job openings (as of March 2022)
10,351
Year founded
1946
Employees and job openings are U.S.-only.
PerksAs of 3/5/2021
100% health coverage
no
Unlimited sick days
no
Telecommuting
confidential
Job sharing
yes
Subsidized childcare
yes
Compressed work weeks
confidential
Fully-paid sabbaticals
no
On-site fitness/subsidized gym
yes
On-site medical care facility
yes
Non-discrimination policy includes sexual orientation
yes
Sick days for part-timers
yes
College tuition reimbursement
yes
Student loan debt repayment
no
Medical facility at all locations
headquarters only
DiversityAs of 3/5/2021
% Women
-
% Minorities
-
% African-American/Black
-
% Asian
-
% Caucasian/White
-
% Hispanic/Latino
-
% Native American/Alaska Native
-
% Native Hawaiian/Pacific Islander
-
% Two or more races
-
% Unknown ethnicity
-
Paid Time Off: Full-Time EmployeesAs of 3/5/2021
PTO limit (days)
12
# Sick days
Varies*
Hiring/Staffing (Past 12 Months)
# of job applicants
5,228,770
Avg. # of applicants per opening
18
# New graduates hired
718
Lists ranking Target
Latest news for Target
- Personal Finance
Target reports 43% drop in profits from holiday quarter, cautious on 2023 outlookFebruary 28, 2023, 2:53 PM UTC - Finance
2022 holiday shipping deadlines near for FedEx, UPS, USPS and moreDecember 6, 2022, 6:25 PM UTC - Finance
Target’s big miss and dismal holiday outlook has stocks slipping on Wall StreetNovember 16, 2022, 3:57 PM UTC
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