Fall tm bonus

[vyrt]

Does anyone remember the days their store is giving those out?

 

[Shopgirl3]

Last paycheck a $200 bonus was given to TMs. Check your paystub.

 

[JohnSith373]

Last paycheck a $200 bonus was given to TMs. Check your paystub.

Not that bonus, this is the one given to nominated TMs. If they are still doing that, which they slightly mentioned in Spring 2021.

 

[Yetive]

We start telling them this week

 

[Shopgirl3]

Oh

 

[FlowTeamChick]

Wait, what's this bonus about? If I heard about this, it must have gone into the mental recycling bin.

 

[Yetive]

Merit bonus for tms.

 

[DBZ]

Is it more than one per store?

 

[qmosqueen]

Goes to your ETLs favorite TM who kisses ass.

 

[sunnydays]

20% of total TM headcount, roughly

 

[jackandcat]

The reality that this merit bonus is limited to about 20% of total TM headcount will motivate many of the 80% to start looking for new jobs. Right now, retail store competitors are desperate to hire people and your Target work history will be valuable. If you're in a major metro area, you very likely can bump up your hourly pay. I hesitate to encourage this -- sometimes we forget the concept of "greener pastures syndrome" -- but the accelerating US inflation this year has already exceeded whatever merit pay raise you received earlier this year.

Target Corporate is missing an opportunity to retain its own TMs at a time when inflation pressure is hurting us as individuals and as families. Unless you are truly married to Target due to your benefits or longevity benefits -- i.e. long term TMs who have the old Target pension plan -- your remedy to get more money to keep up with inflation is to switch employers. I wish this was not largely reality.

 

[happygoth]

People complain all the time that retail doesn't give merit raises or bonuses and that those that deserve it don't get recognized. This bonus is a great thing, but people will still find fault.

 

[Yetive]

We had more that we wanted to award than Target allowed, so we were really trying to be as fair as possible. We looked at attendance, metrics, etc . . . to make the final decisions.

 

[jackandcat]

We had more that we wanted to award than Target allowed, so we were really trying to be as fair as possible. We at attendance, metrics, etc . . . to make the final decisions.

Concur. There is a business benefit to providing different bonus amounts to individuals based on their performance metrics.
There is even more of a business benefit to providing at least a token modest amount of bonus money for the "non-rock-star" hourly TMs.
If indeed it's accurate that only the top 20% receive the bonus, that's not going to motivate the other 80%. When the bonus plan was announced that top 20% only limit was not mentioned.
This does not need to be a one-size-fits-all bonus. This is not about what some people call "equity"
Management should offer their best bonuses to their best performers.
A modest $50 bonus for the other 80% could make the difference for developing the skills and performance and loyalty of your current TMs,

 

[random1]

So does anyone know how much the bonus is or how its calculated.

 

[happygoth]

Concur. There is a business benefit to providing different bonus amounts to individuals based on their performance metrics.
There is even more of a business benefit to providing at least a token modest amount of bonus money for the "non-rock-star" hourly TMs.
If indeed it's accurate that only the top 20% receive the bonus, that's not going to motivate the other 80%. When the bonus plan was announced that top 20% only limit was not mentioned.
This does not need to be a one-size-fits-all bonus. This is not about what some people call "equity"
Management should offer their best bonuses to their best performers.
A modest $50 bonus for the other 80% could make the difference for developing the skills and performance and loyalty of your current TMs,

We all just got yet another $200 bonus. How many bonuses do you think Corporate should throw all team members? Top performers deserve extra recognition.

 

[seasonaldude]

When is this bonus actually supposed to appear on people's paychecks?

 

[vyrt]

So does anyone know how much the bonus is or how its calculated.

It’s 3% of your gross pay during a period of time that I can’t remember.

 

[dabug]

So has this officially been given out at all stores already? Like as of the last pay check?

 

[sunnydays]

no

 

[random1]

Is this a quarterly bonus...once a year or.....??

 

[SigningLady]

Once a year and this is the first year they are doing it.

 

[Dream Baby]

I was grateful for the previous bonuses.

However those bonuses should have been a function of how long you have been at Target and/or your average hours

Its bullshit that the last $200 bonus was same whether you started in July 2021 or July 2016. It's just lazy.

 

[xNightStockerx]

This is going to be so unfair for most. The TLs pets will probably get it.

 

[random1]

So once a year at 3% of part of ur gross pay? Well if its only like 500 bucks once a year it seems easier to just be a lazy fuck and let them keep the money. But if its like 1500 than thats a different story