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Tyson Foods to Give Frontline, Hourly Team Members Approximately $50 Million in Year-End Bonuses

December 06, 2021 12:30pm

Tyson Foods is thanking their front-line and hourly workers by giving them $50 million in year-end bonuses for their effort over the past year. In the US the one-time bonuses that are based on tenure will range from $300-$700 will be distributed starting this month.

 

Tyson Foods has also invested more than $500 million in wage increases and thank you bonuses to front-line workers over the past year. With average hourly pay of more than $18, plus the value of medical, dental and vision insurance, vacation and other benefits, the average total compensation for hourly team members has increased to more than $24 an hour, or an annual value of more than $50,000.

 

Tyson is looking at other ways to better support its front-line workforce. In addition to pay increases and signing bonuses, it is offering more flexible work schedules at some facilities and, starting January 1, 2022, paid sick leave. The company has opened seven health centers to give front-line team members and their families easier access to high-quality healthcare at, in most cases, no cost. Tyson is also addressing childcare needs.