SPRINGDALE, ARK. – Tyson Foods Inc. announced it will make more investments in its workers’ benefits packages in 2023. Tyson said it has invested more than $20 million in 2023 for longer parental leave, additional mental health support and other wellness and health plan benefits. The company increased its parental leave program to include eight weeks paid leave for mothers and two weeks paid leave for US workers whose spouse or partner gave birth to provide bonding time with their new family member. Tyson said it would also offer four weeks of paid parental leave for adoptive parents.
The new policies and investments are in addition to recent compensation benefits. During Dec. 2022, the company distributed more than $50 million in bonuses and $100 million in wage increases for US hourly workers during the last year..
“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 for 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.”
Also starting in spring 2023, Tyson employees will have access to a personalized wellbeing portal to manage their health and wellbeing.