“A significant number of our hourly team members build their careers at Target, and we know many would like to pursue additional education opportunities,” Melissa Kremer, chief human resources officer at Target, said in a statement. “We don’t want the cost to be a barrier for anyone, and that’s where Target can step in to make education accessible for everyone.”
Target said it will also pay up to $10,000 a year for master’s programs within its available network of schools, which include the University of Arizona, Oregon State University and historically Black colleges and universities like Morehouse College and Paul Quinn.
Along with associates and undergraduate degrees, employees will also have access to numerous certificates and boot camp programs, according to the release.
Target is partnering with education platform Guild Education and investing $200 million within the next four years to make it all possible, the release said.
The move comes as retailers around the country face challenges hiring workers to staff stores and warehouses.