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Tyson Foods to spend $50M on bonuses at its meat plants

The bonuses will be provided to over 80,000 employees. This will provide them between $300 and $700 each.

SPRINGDALE, Ark. — Tyson Foods said Monday that it plans to spend roughly $50 million on year-end bonuses for over 80,000 hourly workers at its meatpacking plants that will give them between $300 and $700 apiece.

Those bonuses are on top of wage increases that drove the average value of the wages and benefits Tyson's hourly workers receive up to $24 an hour from $22 an hour over the past year. 

Tyson estimated that it has spent more than $500 million on wage increases and other bonuses over the past year for the employees who kept its plants running throughout the coronavirus pandemic.


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