How Much Do Team Leads Make at Target?
In the retail industry, Target Corporation stands out as a major player, offering a variety of career opportunities. One such role is that of a team lead, which plays a crucial part in ensuring smooth operations and employee satisfaction. But how much do team leads make at Target? This article delves into the average salary and benefits associated with this position.
Salary Range for Team Leads at Target
The salary for team leads at Target can vary depending on factors such as experience, location, and department. According to Glassdoor, the average salary for a team lead at Target is around $55,000 per year. However, this figure can range from $45,000 to $65,000, depending on the individual’s qualifications and the specific store location.
Benefits and Compensation Packages
In addition to a competitive salary, team leads at Target enjoy a comprehensive benefits package. This includes health insurance, dental and vision coverage, life insurance, and short-term and long-term disability insurance. The company also offers a 401(k) retirement plan with a generous employer match, which can help team leads secure their financial future.
Performance-Based Incentives
To further motivate team leads, Target offers performance-based incentives. These incentives are based on individual and team performance, and can significantly boost the overall compensation package. Team leads who exceed their performance goals may receive bonuses, which can range from a few thousand dollars to over $10,000.
Opportunities for Advancement
As a team lead at Target, there are ample opportunities for career advancement. With strong performance and the right skills, team leads can move up the corporate ladder to roles such as assistant manager, store manager, or even district manager. This upward mobility ensures that team leads have a clear path for growth and development within the company.
Conclusion
In conclusion, team leads at Target enjoy a competitive salary, comprehensive benefits, and opportunities for advancement. With an average salary of around $55,000 per year, team leads play a vital role in the success of Target’s retail operations. If you’re considering a career as a team lead at Target, it’s essential to understand the salary range and benefits associated with the position. With the right skills and dedication, a team lead role at Target can be a rewarding and lucrative career choice.
