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Target is continuing to invest in its tech workforce as it tries to recapture the success it saw a few years ago.
EVP and operating chief Michael Fiddelke told investors in May that harnessing tech and AI would be critical to his work in the company’s newly formed office that aims to accelerate its growth plan.
The Bullseye retailer has long brought a tech-savviness to its business that has set it apart from most other retailers: it first launched its e-commerce website in 1999, and its early engagement with mobile pickup and delivery services gave Target a massive lift during the COVID-19 pandemic.
Today, the company employs a large tech team behind its increasingly complex business of physical stores, e-commerce business, retail media, and more.
And it pays well, salary data suggests.
Company filings with the US Department of Labor show Target sought to hire around 94 workers through the US H-1B visa program in the first half of this reporting year, largely in software development, information systems, and data science.
That number is up substantially from about 49 for the same period the years before, but roughly in line with the 98 records from two years ago.
By comparison, big-box rival Walmart has about four times as many US employees and requested visas for 1,750 workers.
Companies are required to submit this work visa data, which includes salary information, to the US Department of Labor for all foreign hires. However, the compensation figures don’t include equity or other benefits that employees can receive in addition to their base pay. The filings also include industry average pay rates for US workers.
Business Insider analyzed how much money companies from Apple to Walmart are paying for tech jobs and other roles. Explore salary data from America’s biggest employers.
Target has about 440,000 full-time, part-time, and seasonal employees. Its starting wage for US hourly workers is $15 to $24. A Target spokesperson told Business Insider the company also offers retirement fund matching and a range of other benefits such as employee discounts.
The vast majority of the 10,777 jobs listed on Target’s careers website at the time of this writing were for positions in the company’s fleet of 1,978 stores. Within the 230 corporate openings, 139 were for the company’s offices in India, and the rest were based in the US headquarters in Minnesota. The job listings included salary ranges.
Here’s a deeper look at some of the roles Target disclosed for tech workers:
Software engineers can earn up to $353,000
Senior Engineer: $103,605 to $184,700
Lead Engineer: $136,926 to $240,200
Principal Engineer: $122,741 to $353,000
Data scientists can make more than $122,000
Senior Data Scientist: $122,637 to $184,700
Lead Data Analyst: $139,298 to $200,200
Lead Data Scientist: $128,000 to $273,500
Principal Data Scientist: $211,536 to $347,600
Director-level roles can bring in over $206,000
Director Engineering: $206,398 to $289,700
Director Tech: $206,398 to $289,700
Principal Technical Program Manager: $251,576 to $311,900
The post Target salaries revealed: How much the retailer pays software engineers and other tech workers appeared first on Business Insider.
