SPRINGDALE, ARK. – Officials with Tyson Foods Inc. announced the company will disburse $50 million in year-end bonuses to front-line and hourly workers beginning this month. Depending on workers’ seniority with the company, bonuses will range from $300 to $700 per employee. The bonuses are in addition to the more than $500 million the company has invested in wage increases and bonuses for employees over the past year.
Donnie King, president and chief executive officer said the bonuses are intended to show workers how much they are appreciated and part of additional efforts the company has planned for the coming year.
“This is yet another way for us to say thank you and show how grateful we are for our front-line teams’ efforts to keep each other safe, our company strong and our world fed over the past year,” said King. “While 2021 presented many challenges, our entire Tyson team continued to meet them, head on.”
In the coming year, Tyson is experimenting with other incentives to ensure job satisfaction among its workers, including offering more accessible health care, flexible schedules and childcare at some plants in addition to implementing a paid sick leave policy, which will be effective Jan. 1, 2022.
“Tyson wants to be the most sought-after place to work, period,” King said. “Our front-line 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.”