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Target offers comprehensive benefits, including health and wellness, paid time off, financial benefits, employee perks, and professional development. The top-rated employee benefits are their health insurance and wellness benefits, as well as their debt-free education assistance program.
Health & Wellness:
Medical and pharmacy benefits
Dental benefits
Vision eyewear coverage
Critical Illness, Accident, and Hospital Indemnity Insurance
Programs and rewards to encourage healthy actions
Support programs for life events
Education resources to inspire well-being
Employee assistance program through Team Member LifeResources
20% Wellness discount
Life insurance: short-term and long-term disability insurance
Paid Time Off:
Vacation, national holidays, personal days, and well-being time
Family leave
Adoption assistance reimbursement
Financial Benefits
TGT 401(k) plans
Flexible Spending Account
Short-term incentive plan (annual bonus program)
Target Credit Union
Employee perks:
Access to your paycheck before payday
Discounts on anything from gyms to childcare to vacation packages
10% discount at Target and Target.com
Healthcare and Daycare
Identity Theft Protection
Professional development:
Debt-free education assistance: offering Debt-Free Degrees to more than 340,000 Target Team Members
Learning and development resources
Leadership development programs
Growth through debt-free education assistance
Coaching and mentoring
Health insurance is a huge concern when someone is starting a new job, and Target does offer many health benefits to their employees and their employees' family members. These benefits include
Medical and pharmacy benefits
Dental benefits
Vision eyewear coverage
Critical illness, accident, and hospital indemnity insurance
Programs and rewards to encourage healthy actions
Support programs for life events
Education resources to inspire well-being
Employee assistance program through Team Member Life Resources
20% Wellness discount
Part of the health benefits package is the Family and Medical Leave Act (FMLA). This is required by the government. Target allows extended absences to eligible team members for certain health conditions, the care of family members with qualifying health conditions, a call to active duty, pregnancy or childbirth, and other conditions as required by FMLA.
If you’re a planner, then being concerned about your financial health is also top of mind, and you’ll want to know how Target has planned to support its employees through financial benefits. Some of the benefits you’ll be interested in that Target has in their benefits package include:
TGT 401(k) plans
Vacation, national holidays, personal days, and well-being time off
Family leave and FMLA
10% discount at Target stores and Target.com
Healthcare and daycare flexible spending accounts
Life insurance
Short-term and long-term disability insurance
Identity theft protection
Short-term incentive plan or the annual bonus program
Adoption assistance reimbursement
Education assistance
Target Credit Union
Discounts on other offerings in the community
Target wants to support and keep its team, which means if you need some educational assistance to overcome a learning disability or if you want to further your career and continue your education, you’ll find that they will offer some assistance. Programs you might be interested in include:
Learning and development resources
Leadership development programs
Growth through education
Coaching and mentoring
One thing you may have heard about is Target’s team member discount. This is a generous discount of 10% off your purchases, and it works both in the store and online.
The discount does have some limitations, like your purchases must be made with cash, check, or pre-specified credit and gift cards. You can’t use your traditional credit card, like a Visa or MasterCard, and expect to get the discount.
One great thing about the discount is that it also applies to your spouse and any children (under the age of 16) who you claim as dependent. So they get to reap that 10% discount too, as long as they follow the rules.
There are other restrictions on what you can purchase with your discount and how to use it, so it’s best to refresh yourself before making purchases.
Target is active in the communities where they have stores. They do quite a bit of community work and charity, but that all depends on the location and the store.
Target boasts that their team volunteers provide over 1 million hours of service each year. If you’re interested in drawing attention to a local issue, you can reach out to the Target Foundation and see if your program qualifies.
Probably, the biggest benefit of working anywhere is getting paid. In 2019 Target raised its starting hourly minimum wage to $15 per hour. That means anyone, regardless of age or experience, who starts working at Target will receive at least $15 per hour.
Upper management and other positions can earn significantly more, but this starting wage is significantly higher than the federally mandated minimum wage of $7.25 an hour.
To sum it all up, Target does a good job of supporting its employees and offering them the benefits they want to lead the life they want to lead. From a good starting wage to develop programs to help you advance in the company and even retirement programs for when you’re done working, Target has a solid offering that many people are comfortable with.