Tyson Foods has announced that it will give all employees up to $1,000 in bonus money due to the recent tax cuts.
In a statement Tyson Foods said, “Tyson Foods announces employee bonuses, education, and capital projects, due to tax reform.
Tyson Foods will provide a one-time bonus to more than 100,000 team members whose compensation does not include an annual bonus. Eligible full-time team members will receive $1,000, and eligible part-time team members will receive $500. These team members are the backbone of our business and can expect to hear more details from their leadership soon.
Focus funds on innovation and other initiatives such as enhancing the training, education and development opportunities that all team members receive, so they have the tools you need to advance within Tyson Foods and achieve your potential. For one, we’ll be increasing our investment in our Upward Academy program, an initiative that helps new workers with life skills, including English as a Second Language and General Educational Development (GED) classes.
Tysons will also accelerate capital projects that strengthen our operations and plant communities around the U.S. As part of this investment, we will move faster on sustainability and animal well-being initiatives, shrinking our environmental footprint, protecting the animals in our care and giving the world’s growing population greater access to sustainable food.”
Tyson Foods provides approximately 1300 jobs at their plant in Temperanceville.