Hormel Announces $7 Million In Second Round of Covid-19 Bonuses
Hormel Foods in Austin announced today another round of bonuses for its 'plant production team members who continue to work to produce food during the COVID-19 outbreak.'
The latest bonuses, amounting to $7 Million and paid out in July, are in addition to a previously reported $4 Million in April bonuses. Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods said,
As we recognize heroes during this time, we pay tribute to our health care workers and first responders, but we shouldn’t forget the millions of people who are showing up and working hard to keep our food supply chain running. They should be recognized for the heroic and purposeful work they are doing and they have our most sincere appreciation and gratitude.
How's the $7,000,000 break out? It's $500 for full-time staff, and $150 for part-timers. Hormel Foods has also been providing 100 percent base pay and benefits to all team members impacted by COVID-19.