Posted on Mar 2, 2022
Target is raising its minimum wage to as much as $24 an hour
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https://www.npr.org/2022/03/01/ [login to see] /target-minimum-wage
Target says it will raise its minimum wage as high as $24 per hour this year, depending on the local market. Companies have been raising pay and benefits in an effort to keep and attract workers.
The retail giant currently pays a $15 per hour starting wage but said Monday that it would begin paying workers wages ranging from $15 to $24. The starting rate will depend on the job, the market and local wage data, among other factors.
The wage increase is a part of a $300 million investment in pay and benefits. The company also said it would expand employee access to health care. Hourly employees who work an average of at least 25 hours a week will become eligible for a Target medical plan.
Target says it will raise its minimum wage as high as $24 per hour this year, depending on the local market. Companies have been raising pay and benefits in an effort to keep and attract workers.
The retail giant currently pays a $15 per hour starting wage but said Monday that it would begin paying workers wages ranging from $15 to $24. The starting rate will depend on the job, the market and local wage data, among other factors.
The wage increase is a part of a $300 million investment in pay and benefits. The company also said it would expand employee access to health care. Hourly employees who work an average of at least 25 hours a week will become eligible for a Target medical plan.
Target is raising its minimum wage to as much as $24 an hour
Posted from npr.org
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Employment
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Posted 2 y ago
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This is total and utter BS. My daughter who has her BS in nursing and literally has the pulse of peoples lives in her hands daily in a Emergency Room makes 27/hr...so a kid right out of high school or maybe before graduation can roll into a retail department store and make appr 3 dollars less than her...I throw the BULL$#!+ flag on that. In her prior job at a clinic she was making $22/hour $3/hr less than at Target. It is called minimum wage for a reason. Start here, work your way up and at least learn a trade or something...Let do some comparison
AN E-6 with more than 8 years of service makes $3864 a month...now let's just say for arguments sake they work standard 40 hours a week, not true but let's just use that for comparison. That brings them to $24.15. Throw in all the extra hours and it comes to a lot less than that. Do this comparison for a new recruit and it should sicken you. Stocking shelves/flipping burgers and arming missiles are very complete and different responsibilities.
AN E-6 with more than 8 years of service makes $3864 a month...now let's just say for arguments sake they work standard 40 hours a week, not true but let's just use that for comparison. That brings them to $24.15. Throw in all the extra hours and it comes to a lot less than that. Do this comparison for a new recruit and it should sicken you. Stocking shelves/flipping burgers and arming missiles are very complete and different responsibilities.
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SFC Casey O'Mally
Lt Col Scott Shuttleworth Sir,
A Couple points.
First, the argument is not that these employees are making too much. If Target wants to pay them that much, then they should do so. This isn't a federal or state mandated wage, it is what the employers believes they are worth. If your daughter is worth more, comparatively, it is up to her (and her co-workers) to convince their employer to raise their wage. They can always vote with their feet. I make around $18/ hr right now, in a high stress, high responsibility job (probably close to on par with nursing, if totally different in duties). If Target was paying $24 / hr starting wage HERE, I would be an assistant manager there tomorrow.
But that brings me to my second point. They aren't paying that wage here. It is indexed to local economy, job market, and wages. The folks seeing $24 / hr are going to be in San Francisco, Manhattan, and Westchester County.
And then, my third (and final) point. your comparison to an E6 misses a lot. You are not comparing apples to apples. That E6 is ALSO getting BAH, BAS, is often exempt from state taxes, and gets free medical. Not to mention COLA for some locations. Total compensation is closer to 5500 / month (on average - more in high cost areas, less in low cost areas, and goes up with family). Which breaks down to around $32.50 / hr (40 hour week). Plus a FULL MONTH of paid leave every year, from day one. Plus generous 4 day and 3 day weekends. Plus free gyms, tax free shopping, free physical trainers, tuition assistance, the GI Bill, the ability to transfer GI Bill benefits to family, etc. I will NEVER say our Soldiers make too much money. Ever. But the argument that they don't make enough, when ALL you look at is base pay... Well, it's just not honest.
A Couple points.
First, the argument is not that these employees are making too much. If Target wants to pay them that much, then they should do so. This isn't a federal or state mandated wage, it is what the employers believes they are worth. If your daughter is worth more, comparatively, it is up to her (and her co-workers) to convince their employer to raise their wage. They can always vote with their feet. I make around $18/ hr right now, in a high stress, high responsibility job (probably close to on par with nursing, if totally different in duties). If Target was paying $24 / hr starting wage HERE, I would be an assistant manager there tomorrow.
But that brings me to my second point. They aren't paying that wage here. It is indexed to local economy, job market, and wages. The folks seeing $24 / hr are going to be in San Francisco, Manhattan, and Westchester County.
And then, my third (and final) point. your comparison to an E6 misses a lot. You are not comparing apples to apples. That E6 is ALSO getting BAH, BAS, is often exempt from state taxes, and gets free medical. Not to mention COLA for some locations. Total compensation is closer to 5500 / month (on average - more in high cost areas, less in low cost areas, and goes up with family). Which breaks down to around $32.50 / hr (40 hour week). Plus a FULL MONTH of paid leave every year, from day one. Plus generous 4 day and 3 day weekends. Plus free gyms, tax free shopping, free physical trainers, tuition assistance, the GI Bill, the ability to transfer GI Bill benefits to family, etc. I will NEVER say our Soldiers make too much money. Ever. But the argument that they don't make enough, when ALL you look at is base pay... Well, it's just not honest.
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Lt Col Scott Shuttleworth
SFC Casey O'Mally - E-1 base pay plus all the "extras" as you say equals about $3500...so they are starting out $24 possibly...BUT in uniform you are on duty 24/7/365 subject to deployment at a moments notice ready to die should it come to that. That Target employee can be late for work, mislabel something or stock the wrong way and they go home and come back the next day. My point is that minimum wage is designed to be just that minimum...it was never and should never be designed as a way of life. IMHO...now Target is a private company and can do what they want but I sure as heck do not want the government stating that Min wage should be $24/hour.
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SGT (Join to see)
SFC Casey O'Mally - Excellent reply... when I retired 17 years ago I was making $19.00 an hour. The only way I could make any REAL money was working overtime, weekends, & Holidays. I believe Target is right on target in retaining employees. Thanks for your comments.
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PO1 William "Chip" Nagel You get what you pay for...
..."Is target right to raise wages to $15 an hour?
Target set a new marker for the retail industry back in 2017 when it announced it would increase hourly wages to $15 by 2020. But U.S. labor-market dynamics have changed during the pandemic, with many employers facing severe worker shortages. And many of Target's rivals are now paying a minimum of $15 per hour or more."
..."Is target right to raise wages to $15 an hour?
Target set a new marker for the retail industry back in 2017 when it announced it would increase hourly wages to $15 by 2020. But U.S. labor-market dynamics have changed during the pandemic, with many employers facing severe worker shortages. And many of Target's rivals are now paying a minimum of $15 per hour or more."
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