Target enhances the HR experience and employee benefits. (2024)

Target invests in its team members’ whole selves, with benefits that take care of each team member and their families to support their health and financial well-being. Target’s partnership with Workday has enabled the HR team of the Fortune 50 retail brand to remain agile in the face of unique safety and demand challenges brought about by the COVID-19 pandemic. The flexibility and responsiveness of Workday HCM helped Target introduce—or in some cases, update—team member benefits at record pace.

Workday allows us to quickly and easily reconfigure business processes without making code changes that require deployment to take effect.

Director of Technology

Fueling agility with flexibility.

In 2018, Target deployed Workday to help modernize its HR capabilities and achieve greater organizational agility. Workday enables Target HR team members to make changes and reconfigure business processes quickly and easily without code changes that require development and deployment. Target can use the multiple testing environments in Workday to model and analyze the impact of changes before they are finalized.

When it’s necessary for Target to connect to other vendors’ systems, Workday provides the tools to build and modify integrations and validate results. The same test environments can be used to evaluate software updates. Dana Klein, director of technology at Target, says, “Workday provides the foundation, flexibility, and speed we need in an HR software partner.”

  • Improve business agility by efficiently adjusting processes through low-risk software configurations
  • Empower and motivate team members with proactive communications and improved benefits
  • Quickly introduce new benefits and leave-of-absence policies without disrupting operations

Expediting enhancements to team member benefits and pay.

Target was laser-focused on taking care of its team members during the pandemic. With help from Workday’s automated functionality, the company was able to implement many changes efficiently:

  • Adjusted leave-accrual schedules so team members would not lose time off

  • Allowed temporary leave of absence for at-risk team members

  • Provided additional sick time for those who had COVID-19

  • Changed paid time off to accrue at double the annual limits—and applied this change retroactively

  • Raised starting wage for U.S. team members to $15 per hour

  • Complied with new state-specific time-off legislation

Through configuration and integration updates, these changes were made very quickly. “Dynamic functionality and configurations in Workday allowed us to quickly augment benefits without manual intervention,” Klein says. “That was a big win and a huge time-saver.”

Team members rely on Workday to access self-service capabilities and gain the visibility to perform transactions on their own.

Director of Technology

Streamlining processes to better serve team members.

Target also uses the Workday platform to efficiently communicate with team members. Workday notification prompts and a centralized document platform enable efficient information sharing throughout Target. Klein explains, “We configured Workday capabilities to notify thousands of team members simultaneously about wage increases and alert them to update their contact information. We also paused and rescheduled educational campaigns for both headquarters and in-store team members so they were aware of the latest details about remote work arrangements.”

Another impactful element is the ability for Target team members to access helpful information and manage processes on their own. “Workday provides team members with great self-service capabilities and the visibility to perform transactions on their own. Speeding up these processes means our team members can spend more time delivering an exceptional guest experience,” Klein says.

The usability of Workday— especially in its mobile capabilities—continues to pay off in how our team members get information and how we engage with job applicants.

Director of Technology

Scaling retail teams.

Over the course of several months, Target hired thousands of additional team members to meet new guest demands prompted by the pandemic. Klein notes, “With Workday, we handled an unprecedented number of applications without worrying about technology adjustments or seeing any impact on other applications.”

Recruiting processes were easy to adjust. Klein explains, “We used the Workday Enterprise Interface Builder tool to create several hundred permanent job requisitions in one step instead of doing that manually for each. We also used simple configurations that could be done in one business day to update our screening procedures.”

Mobile access has also transformed the applicant experience. With Workday Recruiting, new job applicants can review job openings and initiate the process of joining the Target team from their mobile devices. Klein comments, “The usability of Workday, especially with its mobile capabilities, continues to pay off in how our team members get information and how we engage with job applicants.”

I give Workday a lot of credit. Its solution was ready for uncertainty. We decided on a Monday to make that upcoming Friday a national holiday and Workday enabled it to happen seamlessly.

Executive Vice President, Chief Information Officer

Adding a national holiday to the company calendar in five days.

In 2020, Target announced Juneteenth as a new company holiday and partnered with Workday to roll it out fast—in just five business days. HR team members completed an impact analysis and all necessary configurations in the first two days. In the process, HR was able to use employee extended illness benefits to remove time-off submissions from team members who had already requested to take Juneteenth off. Mike McNamara, Target’s executive vice president and chief information officer, says, “I give Workday a lot of credit. Its solution was ready for uncertainty. We decided on a Monday to make that upcoming Friday a national holiday and Workday enabled it to happen seamlessly.”

With the only constant being change, Workday HCM helps Target stay agile and provide its team members with an ongoing, exceptional HR experience.

Target enhances the HR experience and employee benefits. (2024)

FAQs

Who is eligible for Target 401k? ›

Target employees are eligible to participate in the company's 401(k) plan when they complete 90 days of service, reach age 18 or older, and are classified as team members by Target. You can choose to contribute anywhere from 1% to 80% of your pay in each pay period and still receive a match from the company.

What HRIS system does Target use? ›

To support that workforce, Target continues to evolve the company's Workday HR system so that team members enjoy quick and easy-to-use digital workflows. For Target, the value of the Workday Extend platform accelerates app development and simplifies the user experience.

What benefits does Target have for employees? ›

Pay & Benefits
  • Physical health. Target offers our eligible team members comprehensive health benefits and programs, which may include medical, vision, dental and more, to help them and their families take care of their whole selves. ...
  • Time off, life & family. ...
  • Mental health. ...
  • Education assistance. ...
  • Financial well-being. ...
  • Pay.

Does Target offer progyny? ›

Target provides financial assistance for surrogacy and adoption, managed by Progyny. Visit targetpayandbenefits.com and click on the Adoption/Surrogacy tile on the More Well-being Offerings page. To learn more about your benefits and get started, call your Progyny PCA at 833.281. 0070.

What happens to my 401k if I quit Target? ›

Target 401(k) plan information

If you have a 401(k) plan through Target at Alight and no longer work there, you have a few options. You can leave it with Alight, roll it over into an individual retirement account (IRA), roll it over into a new 401(k), or withdraw the funds (may incur tax penalties).

Who holds Target's 401k? ›

Target Corporation 401 (K) Plan General Information

State Street Bank & Trust Company is the trustee of the plan. The assets of the pension fund are managed by the executive management team.

What is Target's HR strategy? ›

By executing our human capital management strategy, we are committed to fostering an engaged, diverse, inclusive, safe and purpose-driven culture where team members have equitable opportunities for growth and advancement.

What does HR at Target do? ›

Support Target in matching great talent to the best team and role that fits them. Create programs that identify and cultivate team member capabilities and unlock potential across the organization. Foster a progressive culture of value, respect, reward and professional advancement.

What is an HR Target operating model? ›

The HR Operating Model provides insight into the organisation and operation of the HR function, with the goal of delivering results and value to all stakeholders.

How does a target-benefit plan work? ›

What is a target-benefit plan? A target-benefit plan is a retirement plan that offers monthly benefits to the participants. The contributions are determined by a projected retirement benefit and participant distributions are based on the investment performance.

What is the bonus for Target employees? ›

Most salaried workers at Target receive an annual bonus, based on Target's performance and the eligible amount set as part of their compensation. This year, the retailer will pay 100 percent of employees' eligible annual bonus amounts for the most recent fiscal year—an increase from 50 percent in the prior year.

Does Target treat their employees well? ›

Target has an employee rating of 3.5 out of 5 stars, based on 48,694 company reviews on Glassdoor which indicates that most employees have a good working experience there.

What is the dress code at Target? ›

Aside from the red shirts and blue jeans, additional dress code guidelines may include appropriate footwear, grooming standards, and restrictions on accessories. Target requires employees to wear comfortable closed-toe shoes or boots, with open-toed shoes, flip-flops, and worn-out shoes being prohibited.

Does Target use daily pay? ›

DailyPay and Target have teamed up so you can get your pay any time before payday.

How to call Target HR? ›

Careers
  1. Visit our Careers page to learn about current opportunities at Target.
  2. Have a general comment or question about working at Target? Call us at +1-800-440-0680 or visit Target Help.

Which employees are eligible for 401k? ›

  • At least age 21 and.
  • Have at least 1 year of service. a plan other than a 401(k) plan can require an employee to accrue 2 years of service, but if it does, then the employee is immediately vested in their accrued benefit)
May 31, 2024

Who are eligible participants in 401k? ›

According to the IRS, generally an employee must be enrolled in a qualified retirement plan if he or she is at least 21 years of age and has completed one year of service. But keep in mind that the employer has the option to set or remove the age requirement if they so choose.

Who is not eligible for the 401 K plan? ›

Workers with less than a year of service.

You may not be able to save in a 401(k) plan with your first paycheck at a new job. The GAO found that 50 of the 80 401(k) plans it surveyed have a waiting period before new employees are eligible to contribute money, often requiring up to a year of service.

Who is eligible for 401k catch up contributions? ›

A catch-up contribution is an elective deferral made by a participant age 50 or older that exceeds a statutory limit, a plan-imposed limit, or the actual deferral percentage (ADP) test limit for highly compensated employees (HCEs).

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