{"id":523160,"date":"2021-08-04T10:03:21","date_gmt":"2021-08-04T14:03:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/target-launching-debt-free-education-assistance-program-to-more-than-340000-frontline-team-members\/"},"modified":"2021-08-04T10:03:21","modified_gmt":"2021-08-04T14:03:21","slug":"target-launching-debt-free-education-assistance-program-to-more-than-340000-frontline-team-members","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/target-launching-debt-free-education-assistance-program-to-more-than-340000-frontline-team-members\/","title":{"rendered":"Target Launching Debt-Free Education Assistance Program to More Than 340,000 Frontline Team Members"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211; All U.S. part-time and full-time team members will be eligible for debt-free undergraduate degrees, certificates, certifications, free textbooks and more with no out-of-pocket costs on their first day of work at Target<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Debt-free offering will include an industry-leading 250 business-aligned programs from over 40 schools, colleges and universities; Target will also pay up to $10,000 annually for master&#8217;s programs<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Target taking steps to eliminate student debt and promote equitable access to education for its team as part of Target Forward sustainability strategy<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MINNEAPOLIS<\/span>, <span class=\"xn-chron\">Aug. 4, 2021<\/span> \/PRNewswire\/ &#8212;<b>\u00a0Target Corporation<\/b>\u00a0(NYSE: TGT) today announced it will offer its more than 340,000 U.S.-based part-time and full-time frontline team members the most comprehensive debt-free education assistance program available in the retail industry. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1587564\/Target_Education_Infographic.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1587564\/Target_Education_Infographic.jpg\" title=\"Target Launching Debt-Free Education Assistance Program to More Than 340,000 Frontline Team Members\" alt=\"Target Launching Debt-Free Education Assistance Program to More Than 340,000 Frontline Team Members\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Beginning this fall, all part-time and full-time team members working in Target stores, distribution centers and headquarters locations in the U.S. will be eligible for debt-free assistance for select undergraduate degrees, certificates, certifications, free textbooks and more with no out-of-pocket costs on their first day of work at Target. Target will invest <span class=\"xn-money\">$200 million<\/span> over the next four years in the program.<\/p>\n<p>&#8220;Target employs team members at every life stage and helps our team learn, develop and build their skills, whether they&#8217;re with us for a year or a career. A significant number of our hourly team members build their careers at Target, and we know many would like to pursue additional education opportunities. We don&#8217;t want the cost to be a barrier for anyone, and that&#8217;s where Target can step in to make education accessible for everyone,&#8221; said <b><span class=\"xn-person\">Melissa Kremer<\/span><\/b>, chief human resources officer, Target. &#8220;Our team members are the heart of Target&#8217;s strategy and success, and we have a long history of investing in industry-leading pay, extensive benefits and career opportunities to help our team thrive and have rewarding careers at Target.&#8221;<\/p>\n<p>\n        <b>Debt-Free Education Assistance<\/b>\n      <\/p>\n<p>Team members will have options for assistance through a program that Target has been building for several months with education and upskilling platform <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3248208-1&amp;h=15674614&amp;u=https%3A%2F%2Fwww.guildeducation.com%2F&amp;a=Guild+Education\" rel=\"nofollow noopener\">Guild Education<\/a>.<\/p>\n<ul type=\"disc\">\n<li>\n          <b>Debt-Free Education<\/b>: Target will support team members taking courses for high school completion, college prep, English language learning and select certificates, certifications, bootcamps, associate and undergraduate degrees.\u00a0Team members can attend classes at more than 40 schools, colleges and universities, choosing from an industry-leading 250 business-aligned programs from Business Management and Operations to IT, Computer Science, Design and more. Team members who opt into this program won&#8217;t have any out-of-pocket costs and will have flexibility to find opportunities that fit with their interests, schedules and career goals. Academic institutions include the <span class=\"xn-org\">University of Arizona<\/span>, <span class=\"xn-org\">Oregon State University<\/span>, <span class=\"xn-org\">University of Denver<\/span> and eCornell along with HBCUs <span class=\"xn-org\">Morehouse College<\/span>, <span class=\"xn-org\">Paul Quinn College<\/span> and more. <\/li>\n<li>\n          <b>Tuition Assistance<\/b>: For team members pursuing educational opportunities outside of the select business-aligned programs within the Guild network of schools, including master&#8217;s degrees, Target will provide direct payments to their academic institution of up to <span class=\"xn-money\">$5,250<\/span> for non-master&#8217;s degrees and up to <span class=\"xn-money\">$10,000<\/span> for master&#8217;s degrees each year to reduce the burden of up-front, costly tuition payments.\u00a0 <\/li>\n<li>\n          <b>Educational Supplies<\/b>: Target will also ensure that smaller out-of-pocket expenses\u00a0and fees, such as textbooks and course fees, that\u00a0may hinder team member participation, will also be covered at no cost to them.\u00a0<\/li>\n<\/ul>\n<p>\n        <b>Team Member Investments<\/b>\n      <\/p>\n<p>This education assistance program is part of <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3248208-1&amp;h=878400417&amp;u=https%3A%2F%2Fcorporate.target.com%2Fpress%2Freleases%2F2021%2F06%2Ftarget-forward&amp;a=Target+Forward\" rel=\"nofollow noopener\">Target Forward<\/a>, Target&#8217;s new sustainability strategy that includes goals to create an equitable and inclusive workforce. It also builds on Target&#8217;s well-established learning and development programs that offer a variety of opportunities for team members to learn and grow in their careers. Team members spend more than seven million hours in training annually, including participation in functional learning courses and trainings, leadership development programs, coaching, mentoring and more. <\/p>\n<p>This is also the latest in a long history of investments Target makes to support the health, safety, well-being and career development of its team members. Target most recently awarded all U.S.-based frontline hourly full-time and part-time team members in stores, distribution centers and contact centers a <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3248208-1&amp;h=3002950979&amp;u=https%3A%2F%2Fcorporate.target.com%2Farticle%2F2021%2F07%2Fteam-target-gratitude&amp;a=%24200+recognition+bonus\" rel=\"nofollow noopener\"><span class=\"xn-money\">$200<\/span> recognition bonus<\/a>. And, in 2020, Target invested an additional <span class=\"xn-money\">$1 billion<\/span> in the well-being, health and safety of team members compared with 2019. This included Target&#8217;s industry-leading move to a <span class=\"xn-money\">$15<\/span> starting wage for all U.S.-based team members, along with <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3248208-1&amp;h=2754005746&amp;u=https%3A%2F%2Fcorporate.target.com%2Farticle%2F2021%2F01%2Fteam-gratitude&amp;a=five+recognition+bonuses\" rel=\"nofollow noopener\">five recognition bonuses<\/a> Target paid to thank team members for their work throughout the pandemic.\u00a0Target also offers <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3248208-1&amp;h=2907084999&amp;u=https%3A%2F%2Fcorporate.target.com%2Fabout%2Fpurpose-history%2Four-commitments%2Ftarget-coronavirus-hub&amp;a=coronavirus+benefits\" rel=\"nofollow noopener\">coronavirus benefits<\/a> and has taken steps to ensure Target remains a clean, safe place for team members and guests. <\/p>\n<p>Several benefits introduced during the pandemic have recently transitioned into ongoing benefits for all U.S.-based team members, including:<\/p>\n<ul type=\"disc\">\n<li>\n          <b>Free access to health care through virtual doctor visits. <\/b>Offered through the CirrusMD app, this program focuses on text-first virtual health care visits for team members to securely text, share images or video chat with a doctor. The platform is available 24 hours a day, 7 days a week at no extra cost to U.S.-based team members. <\/li>\n<li>\n          <b>Free access to online resources and apps that support mental, emotional and physical health. <\/b>This is in addition to mental health support through Target&#8217;s longstanding Team Member Life Resources (TMLR) program, which offers free in-person or virtual counseling sessions. TMLR is available 24\/7 to all team members, dependents and any member of the household to help with a variety of needs. All team members and their entire household can receive five free counseling sessions per need, per year. TMLR also provides resources for a wide variety of topics like managing money, finding childcare and dealing with stress.<\/li>\n<\/ul>\n<p>\n        <b>About Target\u00a0<\/b><br \/>\n        <br \/>\n        <span class=\"xn-location\">Minneapolis<\/span>-based <b>Target Corporation<\/b> (NYSE: TGT) serves guests at more than 1,900 stores and at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3248208-1&amp;h=2207389250&amp;u=http%3A%2F%2Fwww.target.com%2F&amp;a=Target.com\" rel=\"nofollow noopener\">Target.com<\/a>, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the <a target=\"_blank\" href=\"\/\/68D9D16B-FEAC-4484-8E65-70BB5152CF65\/corporate.target.com\" rel=\"nofollow noopener\">corporate website<\/a>\u00a0and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3248208-1&amp;h=2842184793&amp;u=https%3A%2F%2Fcorporate.target.com%2Fpress&amp;a=press+center\" rel=\"nofollow noopener\">press center<\/a>\u00a0and by following <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3248208-1&amp;h=3225924130&amp;u=http%3A%2F%2Fwww.twitter.com%2Ftargetnews&amp;a=%40TargetNews\" rel=\"nofollow noopener\">@TargetNews<\/a>.<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/597598\/Target_Corporation___Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/597598\/Target_Corporation___Logo.jpg\" title=\"Target Logo (PRNewsfoto\/Target Corporation)\" alt=\"Target Logo (PRNewsfoto\/Target Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG63683&amp;sd=2021-08-04\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/target-launching-debt-free-education-assistance-program-to-more-than-340-000-frontline-team-members-301348133.html\">https:\/\/www.prnewswire.com\/news-releases\/target-launching-debt-free-education-assistance-program-to-more-than-340-000-frontline-team-members-301348133.html<\/a><\/p>\n<p>SOURCE  Target Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG63683&amp;Transmission_Id=202108041000PR_NEWS_USPR_____CG63683&amp;DateId=20210804\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; All U.S. part-time and full-time team members will be eligible for debt-free undergraduate degrees, certificates, certifications, free textbooks and more with no out-of-pocket costs on their first day of work at Target &#8211; Debt-free offering will include an industry-leading 250 business-aligned programs from over 40 schools, colleges and universities; Target will also pay up to $10,000 annually for master&#8217;s programs &#8211; Target taking steps to eliminate student debt and promote equitable access to education for its team as part of Target Forward sustainability strategy PR Newswire MINNEAPOLIS, Aug. 4, 2021 \/PRNewswire\/ &#8212;\u00a0Target Corporation\u00a0(NYSE: TGT) today announced it will offer its more than 340,000 U.S.-based part-time and full-time frontline team members the most comprehensive debt-free education assistance program available in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/target-launching-debt-free-education-assistance-program-to-more-than-340000-frontline-team-members\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Target Launching Debt-Free Education Assistance Program to More Than 340,000 Frontline Team Members&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-523160","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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