Molson Coors Issues Bonuses, Raises Workers' Pay Amid Pandemic
The brewing industry is an essential part of the U.S. economy, and Molson Coors (NYSE: TAP) is taking steps to ensure that it can maintain an uninterrupted flow of alcoholic beverages to retailers and distributors across the country. Among the moves the beer giant announced on Friday are temporary pay boosts for its workers, plus more paid leave for employees impacted by the spread of COVID-19.
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Molson Coors is allowing most at-risk employees the option of taking paid leave for the month of April at 60% of their regular wages. People whose work must be done on-site and who choose to continue working as usual will see enhanced safety measures including an aggressively sanitized work environment and new social-distancing protocols.
Source Fool.com