Target, one of the largest retail chains in the United States, is known for its competitive wages and employee benefits. Understanding the pay schedule is crucial for new hires and long-term employees to manage their finances effectively. This article provides a comprehensive overview of Target’s pay schedule, how it works, and what employees can expect.
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Target Bi-Weekly Pay Schedule
Target operates on a bi-weekly pay schedule. This means employees are paid every two weeks, typically on a Friday. The bi-weekly pay period covers 14 work days, and paychecks are distributed the following week after the pay period ends. This system is consistent across all Target stores and distribution centers nationwide.
Target follows a bi-weekly payroll schedule in the US, meaning employees get paid every other Friday. Here’s a breakdown:
- Frequency: Bi-weekly (every other Friday)
- Pay Period End: 15th of each month
Pay Periods and Pay Dates
A pay period at Target begins on a Sunday and ends on the second Saturday. For instance, if a pay period starts on Sunday, May 1, it will end on Saturday, May 14. Employees will then receive their paycheck on Friday, May 20. This consistent schedule helps employees plan their finances and know exactly when to expect their wages.
Paycheck Components
Target’s paychecks include several components:
- Hourly Wage: The base pay rate agreed upon when hiring.
- Overtime Pay: Calculated at 1.5 times the regular hourly rate for any hours worked over 40 weekly.
- Bonuses: Performance-based bonuses or other incentives.
- Deductions: Taxes, Social Security, Medicare, and any voluntary deductions like health insurance or retirement contributions.
Direct Deposit and Pay Cards
Target offers employees the option of direct deposit, allowing their paycheck to be automatically transferred into their bank account on payday. This is a convenient and secure method, ensuring timely access to funds. For those without a bank account, Target provides pay cards, which function like debit cards and are loaded with the employee’s earnings each pay period.
Pay Stubs and Access
Employees can access their pay stubs online through Target’s internal employee portal. The pay stub provides a detailed breakdown of earnings, hours worked, taxes withheld, and other deductions. This transparency helps employees keep track of their income and resolve discrepancies promptly.
Benefits of Bi-Weekly Pay
The bi-weekly pay schedule offers several benefits:
- Consistency: Employees receive a paycheck every two weeks, creating a predictable financial rhythm.
- Budgeting: Helps employees manage their expenses better with regular, predictable income.
- Overtime Calculation: Easier tracking of overtime hours within the two weeks.
Target’s hourly wages can range from $15 to $24 per hour in the USA, depending on the specific role and location. Here’s a breakdown:
- Starting Wage Range: $15 – $24 per hour
- Factors Affecting Pay: Job title, location (cost of living)
Here are some examples of average hourly rates for different Target positions (source: Payscale):
- Team Lead, Operations: $21.54
- Salesfloor Team Member: $15 – $17
- Customer Service Representative: $13.87 (generally lower range)
Target Corporation Jobs by Hourly Rate
| Job Title | Range | Average |
|---|---|---|
| Cashier | $11 – $18 | $14 |
| Team Leader, General | $15 – $27 | $20 |
| Sales Associate | $11 – $20 | $15 |
| Retail Sales Associate | $13 – $22 | $16 |
| Warehouse Worker | $15 – $27 | $20 |
| Sales Team Leader, Retail | $14 – $27 | $19 |
| Visual Merchandiser | $15 – $26 | $20 |
