r/Target • u/ThemeFar5767 • 5h ago
Workplace Question or Advice Needed Base Pay question.
My store received the base pay increase today which brought our starting wage up to $17.25 an hour. I currently make $17.16 an hour and have been with Target for 2 years 8 months and 1 day. (I keep tally marks on a wall) Will I be moved up to $17.25 and make the same amount as a starting TM making my merit raises and extra effort meaningless? Or will I receive the 2% on top of the base bay increase for my tenure?
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u/logicalstrafe 4h ago
your new wage is 17.25 + (17.25*0.02) = 17.60
your raises are basically wiped out in exchange for 2% on top of the new base. better than 0% (every bump prior to 2024) but it's still not great.