SPRINGDALE, ARK. — Tyson Foods Inc. announced that it joined the Financial Literacy for All movement on Oct. 31. Initiated in May 2021, the movement works to support American youth and adults in financial success over a 10-year effort.
Walmart Inc., Bank of America, Disney, Delta, NBA, PayPal, NFL, Walgreens Boots Alliance, Ares, Operation Hope and Khan Academy are the founding organizations. Twenty-two organizations have since joined the movement, including Tyson.
“Tyson Foods is proud to be part of this coalition with so many companies working together toward the collective action of financial literacy,” said Tim Grailer, senior director of sustainability operations at Tyson. “We are confident that we are already meeting many of the benchmarks set by Financial Literacy for All and look forward to continue bringing opportunities for a better financial future to our workforce.”
In 2018, Tyson began offering free financial literacy courses to employees. Additionally, the company offers “Investing in Tomorrow,” an eight-week financial literacy course directed toward immigrant and refugee audiences.
Working Credit, a nonprofit organization that provides free credit counseling workshops and one-on-one credit counseling, is Tyson’s most recent financial literacy initiative. The company established a pilot program in Wilkesboro, NC, which will soon open to the entire workforce. Since launching in September, the program has over 600 Wilkesboro team members signed up for the workshop.
“I’m finally able to put more money into my savings account and manage my finances and income better,” said Antonio Davis Clark, a Tyson Foods team member in Wilkesboro. “I’m grateful to have the opportunity to learn about financial literacy at work and gain valuable skills that I can take home with me and help my family.”