Tyson rewarding frontline workers with $50M in year-end bonuses
SPRINGDALE, Ark. (KTIV) - U.S. workers for Tyson Foods will soon be getting year-end bonuses as a thank you for their work during the pandemic.
Tyson Foods says hourly and frontline employees will be eligible for the bonuses. The company says they will range from $300 to $700 and will be based on an employee’s tenure.
The bonuses are expected to be distributed this month. Employees at the Tyson locations in Dakota City, Nebraska, Madison, Nebraska and Storm Lake, Iowa are included in the bonus program.
“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 Donnie King, president and CEO of Tyson Foods. “While 2021 presented many challenges, our entire Tyson team continued to meet them, head-on.”
Over the last year, Tyson Foods says it has invested more than $500 million in wage increases and bonuses for frontline workers.
“Tyson wants to be the most sought-after place to work, period,” said King. “Our frontline team members tell us higher pay is important, but that’s only a part of the story—they also want more flexibility and more say over their time. In rural parts of the country, they don’t want to have to drive miles to see the doctor. Everything we’re doing is because our team members are the heart of our business and its future success.”
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