Increase wages, not bonuses you cowards. Not every employee, even salaried, gets a bonus. And bonuses are just a one-off "feel good about yourself" payment that does very little to improve the quality of life for the employees.
Are bonuses tax deductable for Target? They probably didn't give the bonuses out of kindness if that is the case.
Plus bonuses are taxed higher, 50% or more in some places. So a bonus check of $1,000 may end up being negligible.
This is not correct. Bonuses are no different from other wages. What happens is the payroll software sees you get a big check and withholds taxes as if you got that same check every pay day. The actual taxes you owe on the bonus are likely different from the taxes that are withheld.
Regardless of the tax withholding issue, I would absolutely rather a raise than a bonus. Pay me fairly, then give me a tiny holiday bonus if you want a chance to tell the company merry Christmas.
Open letter to Target salaried employees:
Take that extra bonus (after taxes) and split it evenly between yourself and every single non-salaried person who reports to you. Even if the amount each person gets is small, it is important.
Sounds nice in theory, but keep in mind salaried includes mid level store management that works 50-60 hours/week. Their hourly rate is basically the same as entry level cashiers.
My wife is a top performer in her district and got like $2k it's not a glamorous C-suite bonus. With 80 reports that'd be $25/person vs a lifeline towards student loans, rent, etc.
That said, she regularly buys things for her team when they go above and beyond, but on company dime. Remember that Corporate Target could easily pay for hourly TM bonuses with "soaring profits" but instead cuts payroll hours to appease shareholders. They're the enemy, not frontline managers dealing with shitty customers every day.
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