Working in a retail store may be the appropriate career choice if you enjoy being around people and have excellent interpersonal skills. You should consider how much does Target pay if you want to work at a retailing store like Target.
But how much does Target pay, what are the national pay averages, and what perks can Target employees expect?
How Much Does a Target Employee Make on Average?
On average, Target employees earn $17 per hour. While this is more than the typical Walmart employee’s hourly wage ($13.19), it does not accurately represent a Target employee’s earnings.
Why? Because Target’s pay per hour is determined by an employee’s department, position, and the state in where they work.
Because most people who apply for jobs at Target begin with entry-level positions, we will concentrate on the team member position (the most frequent entry-level position at Target).
Before we get into the numbers, it’s worth noting that Target stated in February 2022 that its starting hourly wage would be raised to between $15 and $24.
Target’s minimum wage will be $15 by 2020. However, some of the pay averages in this article will be lower than Target’s minimum wage.
Because Target does not divulge its pay averages, third-party sources must make estimations based on employee reviews and statistics.
However, these estimates frequently fail to account for the most recent minimum wage rises or are outdated.
Nonetheless, this essay will rely on third-party sources and their estimates. As previously said, persons seeking employment at Target are typically hired for entry-level positions.
As a result, for the following projections, we will utilize the average hourly pay of a Target team member.
How Much Does Target Pay Per Hour?
According to the most recent national average, a team member at Target earns about $14.49 per hour.
We must first set essential calculating criteria before estimating weekly, monthly, and annual earnings. We will assume in this article:
- A Target team member works 40 hours per week (no overtime).
- They are at the office five days a week.
- They work 52 weeks out of the year.
A Target employee can earn $115.92 for eight hours daily using this average hourly wage.
Part-time employees at Target should expect to be paid the same hourly rates as full-time employees.
However, because they often work 35 or fewer hours each week, their overall wages will be smaller than those of full-time employees.
What are the Factors that Affect Pay Rates?
A variety of things can affect your pay rate at Target. These include the following:
1. Location: Employees in high-cost cities such as New York or San Francisco may earn more than those in smaller areas.
For example, the average hourly income for a sales associate in New York City is $19, although it is often substantially lower in rural locations. Make sure to compare Target’s average compensation to the minimum wage in your state.
2. Experience: Higher pay rates may be available if you have in-demand talents or more experience. For example, fluency in a second language or experience in a specific field might lead to better pay rates.
3. Job demand: Certain positions may have higher pay rates if they are in high demand. Seasonal or vacation workers, for example, may be paid more during seasons of high demand.
How Many Vacation Days Do Target Employees Get?
Target employees receive between 0 and 10 vacation days per year. This figure is determined by several factors, including how long you’ve been with Target and how many hours you work.
The number of paid days off employees receive is determined by the hours worked.
How Often Does Target Pay?
Target employees get paid every other week. Target pays its employees biweekly, which implies that a Target employee will receive 26 paychecks a year if they work a complete calendar year for the company.
What are Target Work Hours?
Each job title has a different set of work hours. Most in-store jobs are 8-hour shifts that begin in the morning or afternoon.
This includes cashiers, stockers, greeters, security, human resource workers, and customer care representatives.
How Much Does Target’s CEO Get Paid?
The CEO of Target earns $19.75 million per year. This total included a salary of $1.4 million, a bonus of $3.9 million, stock awards of $13.7 million, and other types of remuneration totaling 612,389 dollars.
How Much Does Target in California Pay?
The annual Target income ranges from around $25,068 for Food Service Workers to $224,987 for Operations Analysts. Target hourly pay ranges from $10.61 for a Stocking Associate to $26.19 per hour for a Team Assistant.
Salary data is derived from 23,124 data points gathered directly from employees, users, and historical and present job adverts on Indeed during the last 36 months.
Please remember that all pay data are estimates based on third-party submissions to Indeed. These numbers are provided to Indeed users solely for broad comparison. The minimum pay varies by jurisdiction.
What are the Employee Perks and Benefits at Target?
Are you interested in learning more about the advantages of working at Target? Continue reading to learn about the benefits Target provides to its employees.
1. Education benefits: Target has partnered with Guild Education to offer debt-free education aid for select undergraduate degrees, certifications, boot camps, and other programs.
Target’s education support program covers tuition, fees, and textbooks for business, computer science, and healthcare courses. Employees who qualify may receive up to $5,250 per year.
You may learn new skills and develop your career while managing your budget with Target’s education benefits.
2. Healthcare benefits: Target provides its employees extensive healthcare benefits, including medical, dental, and vision insurance. You’ll also have access to virtual treatment and wellness programs to help you manage your health.
Target also allows eligible employees to contribute to a health savings account (HSA) or a flexible spending account (FSA) to help cover healthcare costs.
3. Financial benefits: Are you looking for financial security? Target provides a variety of financial advantages. A 401(k) retirement savings plan with a matching contribution of up to 5% of your earnings is at the top of the list.
In addition, you’ll receive life insurance, short- and long-term disability insurance, and employee discounts.
Target also offers financial wellness solutions to assist you in managing your finances and planning for the future.
These benefits are not only available to full-time employees; employees who work at least 20 hours per week are also eligible!
Whether you want to enhance your career, take control of your health, or plan for the future, Target has your back. Don’t put off starting your career with one of the nation’s best stores.