Category: Employee Bonuses

Wall Street Bonuses Could Drop by 40 Percent in 2022: Analyst

May 6, 2022
Business & EconomyCompanieseconomyEmployee BonusesExecutives Bonuseshigh inflationMarketsunderwritersUSUS NewsWall Street
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Wall Street bankers may be disappointed in 2022 as big financial firms are expected to cut bonuses by as much as 40 percent due to a fall in bank profits, according to predictions by Alan Johnson of compensation consulting firm Johnson Associates. In a May 5 report (pdf), Johnson explained that investment and commercial banking…

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Tyson Foods Offering 36-Hour Pay for 27 Hours’ Work

December 7, 2021
Business & EconomyCompaniesEmployee BonusesTyson FoodsUSUS Newswage increase
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A Tyson Foods plant has begun to offer employees 36 hours’ worth of payment for 27 hours’ work, in a move that shows how employers are struggling to retain employees. “I don’t know of anybody else doing this,” said Albert Gonzalez, human resources manager for Tyson’s poultry processing plants, to LancasterOnline. “I’ve heard of four…

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Tyson Foods to Spend $50 Million in Bonuses on Frontline Workers

December 6, 2021
Business & EconomyBusinesses in COVID-19CompanieseconomyEmployee Bonusesfood processingTyson FoodsUS
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Tyson Foods Inc. announced on Dec. 6 that it will pay $50 million in year-end bonuses to frontline and hourly meatpacking employees starting this month to attract and retain employees after the pandemic. A total of 86,000 Tyson employees in the United States will be eligible for the one-time bonuses that range from $300 to $700…

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