Hormel Foods Announces Over $7 Million in Second Round of Special Cash Bonuses for Plant Production Team Members
Hormel Foods today announced a second special cash bonus for its plant production team members who continue to work to produce food during the COVID-19 outbreak. The new $7 million bonus is in addition to the $4 million bonus paid in April and will be paid to all full- and part-time plant production team members who are stepping up to ensure the company’s trusted brands and products are available during the COVID-19 pandemic. The company’s well-known products include SKIPPY peanut butter, SPAM products, Justin’s nut butters, Wholly guacamole dips, Herdez salsas, Applegate products, Dinty Moore beef stew and Hormel chili along with a wide variety of other leading brands and products.
The special bonus includes $500 for full-time team members and $150 for part-time team members. Hormel Foods has also been providing 100 percent base pay and benefits to all team members impacted by COVID-19. When the second bonus is paid during the first week in July, team members will have received a total of $800 for full-time team members and $300 for part-time team members.
The company has invested millions of dollars in the safety of its team members through innovation in its facilities, enhancements to PPE, temperature screenings, COVID-19 testing and focused efforts on facility redesign for social distancing. To date, out of more than 30 production facilities, the majority are unaffected by COVID-19. The company has been leading the way to help keep its team members informed daily and connected surrounding COVID-19, including town halls with experts from Mayo Clinic, informational sessions and even live celebrity YouTube concerts for its nearly 20,000 inspired team members.
As one of the earliest companies to step up with a pledge of support during the crisis, it has continued to contribute to hunger relief efforts including donating more than $1 million in cash and products and more than 1 million meals to global, national and local hunger-relief organizations. These new donations are in addition to the company’s annual giving, which has totaled more than $50 million in cash and product donations over the last five years.