Consumer
Target Is Doubling Its Employee Bonuses This Year
- Retailer boosts pay for salaried employees as sales still fall
- Company expects to return to growth in the second quarter
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In a rare show of financial strength, Target Corp. is doubling bonuses for salaried employees.
The Minneapolis-based company will pay 100% of employees’ eligible 2023 bonuses, up from 50% the year prior, people familiar with the matter said, asking not to be identified discussing private information.