After Massive Holiday Shopping Season, Target Announces $200-Million in Employee Bonuses
Target reported HUGE numbers from its holiday sales season in November and December - In-store sales rose more than 17-percent during that period and digital sales increased by 102%. Because of those strong earnings Target will be giving out $200-million dollars worth of bonuses to their employees.
On their corporate website, the retail-giant said their employees are the "heart and soul of Target" and thanked their team members for making the store a "safe and easy place to shop and work." Target is rewarded all team members with a cash bonus. Hourly employees will receive a $500 bonus while salaried employees, store directors, and executive team leaders will receive bonuses ranging from $1,000-$2,000.
More Business News:
- Rochester's Running Room has closed its doors for good. "We very much appreciate all of our customers who have supported us, and want to remind you you STILL CAN at runningroom.com!
- Bananas are big business for Kwik Trip. See how many they sell each year and enter to win a gift card.
- Rochester ended 2020 with close to 8,000 fewer jobs. Locally, overall employment in the Rochester area is down by over 7700 jobs when compared to December of last year. That works out to a negative job growth rate of 6.3 percent.
WOW: Check Out the Largest Home for Sale in Minnesota