Springdale, Arkansas-based Tyson Foods is providing more than 90,000 hourly employees across the U.S. approximately $50 million in year-end bonuses. For employees, the bonuses will range from $300 to $700, and will be distributed starting mid-December.
In addition, Tyson is offering flexible work schedules at some facilities, expanded benefits, services and resources for all employees beginning in 2023. This includes new parental leave, additional mental health support and other health plan benefits.
With average hourly pay of around $19, plus the value of medical, dental and vision insurance, vacation and other benefits, the average total compensation is approximately $24 an hour or an annual average value of nearly $50,000. This does not include overtime, an option many team members choose, or other incentives.
“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 CEO.
“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 also provides opportunities for education and life-skill development through the Tyson Immigration Partnership, which helps immigrant team members acquire U.S. citizenship. In 2022, Tyson strengthened its commitment to immigrant employees and has invested more than $2.4 million to support partners like Immigrant Connection, a nonprofit that provides immigrants with legal services, such as employment authorization renewals and petitions for citizenship.
The company’s Upward Academy program also offers free and accessible classes in English as a Second Language, High School Equivalency, financial literacy and digital literacy. In 2022, it expanded Upward Academy to provide free education for all employees. The investment covers 100 percent of all tuition, books and fees and will include access to more than 175 programs from more than 35 top universities and learning providers.
The company is also helping address the barriers of transportation through a growing ride-share program that provides a low-cost way to commute to work for employees.
