Target axes mandatory retirement age as CEOs stay on the job longer

Target this week became the latest major company to axe its policy of mandatory retirement at age 65, keeping chief executive Brian Cornell, 63, at the helm for another three years. Target axes mandatory retirement age as CEOs stay on the job longer. The Minnesota-based big box giant joins firms like 3M and Merck in rethinking the convention of ushering corporate executives out of the workforce once … Continue reading Target axes mandatory retirement age as CEOs stay on the job longer

Target raises its minimum wage to as much as $24 an hour

( CBSNews.com ) Workers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is the fiercest, could see starting wages as high as $24 an hour this year. The Minneapolis-based discount retailer said Monday that it will adopt minimum wages that range from $15 to $24 an hour, with the highest pay going to hires in … Continue reading Target raises its minimum wage to as much as $24 an hour