Tyson Foods Announces New Team Member Benefits
January 31 2023 - 6:55AM
Tyson Foods announced today new changes and investments aimed at
further intensifying U.S. team members relationships and enhancing
workplace culture. Specifically, we are making changes to U.S.
based policies and practices related to healthcare and overall
wellness.
The company’s new policies and investments are in addition to
recent compensation benefits. Tyson recently announced it invested
more than $50 million in thank you bonuses and $100 million in wage
increases for U.S. hourly workers over the past year.
Tyson Foods has invested more than $20 million this year to
offer longer parental leave, additional mental health support and
other wellness and health plan benefits to further enhance Team
Member wellbeing as part of the company’s caring and inclusive
culture. The company increased its parental leave program to
include eight weeks paid leave for mothers and two weeks paid leave
for U.S. team members whose spouse or partner gave birth to provide
bonding time with their new family member. We also continue to
offer four weeks of paid parental leave for adoptive parents.
“This is yet another step that Tyson Foods is taking to show how
we align our actions with our values and prioritize the health and
wellbeing of our team members,” said Johanna Soderstrom, Chief
People Officer, Tyson Foods. “The new offerings reinforce our
commitment to ensuring we offer equitable and market competitive
programs to our team members and align with our vision to become
the most sought-after place to work.”
This spring, Tyson team members will also have access to a
personalized wellbeing portal to help manage their health and
wellbeing. The feature includes physical, emotional, financial, and
social wellbeing benefits and resources our team members can access
to guide them on their health journey.
Tyson also provides a whole range of attractive and competitive
benefits like access to full health care on day one of employment,
opportunities for education and life-skill development through
the Tyson Immigration Partnership (TIP) as well as the
company’s Upward Academy program, which also offers free and
accessible classes in English as a Second Language (ESL), High
School Equivalency (HSE), financial literacy and digital
literacy. In 2022, Tyson expanded Upward Academy to provide
free education for U.S. team members. The company’s investment
covers 100% of all tuition, books and fees and will include access
to more than 200 programs from over 35 top universities and
learning providers. They are also addressing the barriers of
transportation through a growing ride-share program that
provides a low-cost way to commute to work at Tyson. To learn more
about all the benefits Tyson Foods offers its team members, visit
the Tyson Benefits page.
About Tyson Foods, Inc.
Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food
companies and a recognized leader in protein. Founded in 1935 by
John W. Tyson and grown under four generations of family
leadership, the Company has a broad portfolio of products and
brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®,
Wright®, Aidells®, ibp® and State Fair®. Headquartered in
Springdale, Arkansas, the Company had approximately 142,000 team
members on October 1, 2022. Through its Core Values, Tyson
Foods strives to operate with integrity, create value for its
shareholders, customers, communities and team members and serve as
a steward of the animals, land and environment entrusted to it.
Visit www.tysonfoods.com.
Media Contact: Kelly
Hellbusch | Kelly.Hellbusch@tyson.com
|281-799-9784
Category: IR
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