Tyson Announces Bonuses for U.S. Workers
More than 90,000 U.S. hourly employees of Tyson Foods will receive year-end bonuses that range from $300 to $700.
“We’re extremely grateful for all of our team members in the hundreds of communities where we operate and we want to recognize our success together and say thank you,” said Donnie King, president and chief executive officer of Tyson Foods in a statement announcing the bonuses. “As we progress our efforts to be the most sought-after place to work, we continue to listen to our team members needs and invest in areas like childcare to provide a better quality of life for our team members.”
Tyson said it will also offer flexible work schedules at some facilities, and new expanded benefits, service and resources for all U.S. employees beginning in 2023. The benefits include new parental leave and additional mental health support and other health plan benefits.
Tyson said with average hourly pay of around $19, plus the value of medical, dental and vision insurance, vacation and other benefits, the average total compensation for hourly employees members is approximately $24 an hour, or an annual average value of nearly $50,000. That estimate excludes overtime, an option for many workers.
The company said it also provides opportunities for education and life-skill development through the Tyson Immigration Partnership (TIP), which helps immigrant team members acquire U.S. citizenship. In 2022, Tyson strengthened its commitment to immigrant team members and has now invested more than $2.4 million to support partners like Immigrant Connection, a non-profit organization that provides immigrants with legal services, such as employment authorization renewals and petitions for citizenship.