Target announced this week it will no longer offer health insurance to employees putting in less than 30 hours per week.
NORTHWEST ARKANSAS -- Another major retailer is ending its healthcare coverage for part-time workers. Target announced this week it will no longer offer health insurance to employees putting in less than 30 hours per week. According to the company, less than 10% of its workers are enrolled in the part-time healthcare program.
Target reps say the company will help all affected employees transition through the change. The company will provide a $500 cash payment to employees losing coverage, as well as access to a benefits consultant.
Target's new policy goes into effect on April 1. The retailer joins Home Depot & Trader Joe's, among others, in no longer offering coverage to part-time workers.
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