Tyson to Pay a Second $500 'Thank You' Bonus to Workers, Give Sick Employees 90% Pay
Now officially deemed critical infrastructure because of President Donald Trump's executive order aimed at meatpacking plants, Tyson Foods (NYSE: TSN) doubled its "thank you bonuses" to frontline workers and truck drivers today. The company is also offering workers who fall ill almost full pay during their absence, and will implement extra screening and protective measures to slow COVID-19 transmission at its facilities.
The food industry titan originally set aside $60 million from its budget on March 31 to pay a $500 bonus to 116,000 production and distribution workers. The original plan called for these employees, including truckers, to receive the cash this July.
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Source Fool.com