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Hormel Foods Announces Over $4 Million in Special Cash Bonuses for Plant Production Team Members

Hormel Foods Announces Over $4 Million in Special Cash Bonuses for Plant Production Team Members


AUSTIN, MN
Wednesday, March 25th, 2020

Hormel Foods is adding its name to the list of big-name grocers and suppliers enacting strategies to bolster the workforce during the development of COVID-19. For the protein provider, its strategy includes a special cash bonus amounting to over $4 million, allotted for Hormel’s plant production team members who continue to work tirelessly to produce food for the supply chain.

Jim Snee, Chairman of the Board, President, and Chief Executive Officer, Hormel Foods“As a global branded food company, we play a critical role in providing safe, high-quality food during this unprecedented time,” said Jim Snee, Chairman of the Board, President, and Chief Executive Officer. “Our incredible team of more than 13,000 plant professionals is the backbone of our company, and this special bonus is one way we can continue to thank them for how they have risen to the challenge and continue to produce food with a sense of purpose and pride.”

According to a press release, the special bonus includes $300 for full-time team members and $150 for part-time team members—bonuses that will occur alongside the expansion of Hormel’s CARE Program employee assistance program fund, the extension of paid sick leave, and waiving waiting periods and eligibility requirements for certain benefits for its workforce.

Hormel's strategy includes a special cash bonus amounting to over $4 million, allotted for the company's plant production team members

On top of the company’s $4 million cash bonus, Hormel is also pledging $1 million in cash and product donations to assist nonprofits with their efforts to provide hunger relief and food security during the COVID-19 outbreak. Feeding America, Convoy of Hope, Conscious Alliance, and food and hunger-relief organizations in the company’s plant communities will be among those organizations receiving immediate funding and donations.

Deli Market News will continue to keep the industry apprised of deli, dairy, bakery, and specialty foods news like this.

Hormel Foods
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