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Target doubles bonuses for salaried employees as profits recover
TargetTarget(US:TGT) CNBCยท2024-03-21 16:18

Target will double its bonus payments to salaried employees this year, as the big-box retailer's profits recover from a bumpy nearly two-year stretch.Salaried employees at the Minneapolis-based retailer receive an annual bonus, based on Target's performance and the eligible amount set as part of their compensation. The retailer will pay 100% of employees' eligible annual bonus amounts for the most recent fiscal year, a company spokesperson said on Thursday. That is an increase from 50% in the prior year.In ...