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Target is sticking to a flexible hybrid work schedule for employees at its Minneapolis headquarters. Corporate employees at Target aren't subject to a company-wide return to office mandate, the Minneapolis/St. AdvertisementAdvertisementBut many businesses in Minneapolis, Target's hometown, aren't thrilled by the policy, the Journal reported. Target has taken a much more relaxed stance toward bringing employees back to the office than other major companies. That approach to work likely contrasts with most of their employees, who have families and lives outside of their jobs.
Persons: Goldman Sachs, Melissa Kremer, Target's, aren't, We've, David Fhima, Meta, Nick Bloom, Bloom Organizations: Paul Business, Meta, Service, Amazon, Target, Human, Stanford Locations: Minneapolis, St, Amazon, Wall, Silicon
"We are confident we can make the investments needed to remain competitive in a tight labor market while also growing our profitability." "The [home improvement] environment seems to be weakening, not accelerating, and therefore incremental wage investments at this time would open the door to more questions and surprise. "They're behaving as they should given the tight labor market, showing leadership and not just thinking about a 12-month timeframe. And in a tight labor market, it's getting increasingly difficult to keep talent [if] you pay unlivable wages and [offer] few opportunities for growth and success." It's hard to say when, and if, Home Depot will see a demonstrable return on the monumental expenditure for its frontline workers.
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