Target looking to entice workers in NY with pay up to $24 an hour

Target looking to entice workers in NY with pay up to $24 an hour

The bullseye logo on a sign outside the Target store in Quincy, Mass., Monday, Feb. 28, 2022. Target pushed through headwinds — from inflation to congested ports — to deliver solid results for the three-month period that included the crucial holiday shopping season. The Minneapolis-based discount retailer reported Tuesday that its fiscal fourth-quarter profits rose nearly 12%, while sales increased 9.4%. (AP Photo/Charles Krupa)

NEW YORK (AP) — Workers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is the fiercest, could see starting wages as high as $24 an hour this year. The Minneapolis-based discount retailer says it will adopt minimum wages that range from $15 to $24 an hour, with the highest pay going to hires in the most competitive markets. It currently pays a universal minimum wage of $15 an hour. The new starting-salary range is part of a company plan to spend an additional $300 million on its labor force this year that will also include broader, faster access to health care coverage for its hourly workers.

Photo: The bullseye logo on a sign outside the Target store in Quincy, Mass., Monday, Feb. 28, 2022. (AP Photo/Charles Krupa)