June 10, 2019 03:07 PM
Target announced it is expanding the suite of benefits it offers its fulll and part-time workers, including an increase in its paid family leave time.
According to a release sent out by the company, as of June 30 it will be increasing its family paid leave from two to four weeks following a birth, adoption, surrogacy or foster placement.
This adds to the paid leave it already offers workers who give birth.
Additionally, Target will install a "backup care" benefit this fall that it initially launched at its Twin Cities headquarters to its entire networks of stories and distribution centers.
The benefit will allow workers up to four weeks paid leave to care for a sick child, partner or parent, as well as use it in the event that school or daycare is canceled -- which will be useful particularly during Minnesota winters.
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Target also says they will be doubling the amount it reimburses its staff for fees incurred as they go through the adoption or surrogacy process, a benefit that it has already offered for more than a decade. The move comes amid a tight labor market where the competition for workers is intense, with the company looking to attract high-quality staff through a combination of its enhanced benefits along with its eventual $15-an-hour minimum wage.
"We've taken a strong position on minimum starting wages, but that's just one facet of our team member experience," Chief HR officer Melissa Kremer stated in the release. "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."
Target increased their minimum wage to $13-an-hour in June, and they plan to raise it to $15 by 2020.
Updated: June 10, 2019 03:07 PM
Created: June 10, 2019 11:33 AM
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