Tyson Foods announced Monday it would be distributing $50 million in year-end bonuses to frontline and hourly team members.
Each of the company's U.S. team members would receive one-time bonuses ranging from $300 to $700 based on tenure, Tyson said in a release. According to the release, distribution of the bonuses will start this month.
"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," Donnie King, the president and CEO of Tyson Foods, said in the release. "While 2021 presented many challenges, our entire Tyson team continued to meet them, head on."
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The company also said that it is offering more flexible work schedules at some facilities and will be offering paid sick leave on Jan. 1, 2022, as a way to "better support its frontline workforce."
"Our frontline team members tell us higher pay is important, but that's only part of the story — they also want more flexibility and more say over their time," King said in the release. "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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