In a move to acknowledge its workforce’s contribution to a profitable 2023, Target has announced the doubling of bonuses for its salaried employees, following a reported $2 billion growth in profits. According to company spokesperson Brian Harper-Tibaldo, the retail giant aims to reward its team for their pivotal role in achieving significant financial results. While salaried staff benefit from this bonus increase, hourly workers are also recognized under a different bonus program.
Additionally, Target is revamping its checkout process across its nearly 2,000 stores nationwide. The retailer introduced Express Self-Checkout lanes for purchases with 10 items or fewer on March 17, aiming to streamline the shopping experience during peak hours. This update complements the traditional checkout lanes, which will remain staffed for customers with larger purchases or those seeking personal interaction.
The adjustment in checkout options is part of Target’s commitment to enhancing customer service. Following trials in select stores, the new policy seeks to minimize wait times and align with shoppers’ preferences, ensuring a swift and efficient checkout process. This strategy underscores Target’s focus on catering to both employee satisfaction and consumer convenience.
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