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 and will be distributed based on tenure. The figures released do not include the company’s plans for its salaried employees. “This is yet another way for us to say thank you and show how grateful we are for our frontline teams’ efforts to keep each other safe, our company strong, and our world fed over the past year,” said Tyson’s chief executive and president Donnie King. “While 2021 presented many challenges, our entire Tyson team continued to meet them, head on.” The meatpacking company said that it is “looking at other ways to better support its frontline workforce.” “In …
Tyson Foods to Spend $50 Million in Bonuses on Frontline Workers
December 6, 2021
admin
Business & EconomyBusinesses in COVID-19CompanieseconomyEmployee Bonusesfood processingTyson FoodsUS
0 Comment