Target is expanding benefits for more than 350,000 employees at its stores, warehouses, and headquarters office—regardless of whether they are full-time or part-time, salaried or hourly.The company will give workers 20 days of backup child care or elder care through a partner network.
Employees will be able to bring their child to in-network daycare for $20 per day or pay a subsidized hourly rate for in-home care.
Target will also offer up to four weeks paid time off to care for a child or sick family member, and new moms will get an additional six to eight weeks of paid maternity leave.
Target now joins many other retailers such as Target, Walmart, and Amazon have been competing with one another in pay and perks in order to attract and retain talent.
Last month, Target announced it would increase its minimum hourly wage by $1 to $13 starting in June. That’s higher than Walmart’s $11 hourly minimum, but below Amazon’s and Costco’s minimum wage of $15. Target has said it expects to pay a minimum hourly wage of $15 by the end of 2020.