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We work to ensure that team members receive fair compensation commensurate to their experience and skills, as well as competitive compensation within local labor markets. As a result, our compensation program varies by market and by position, allowing us to provide a competitive total rewards package.
Many of our team members are compensated at an hourly rate for production or maintenance work in our processing plants. Our competitive pay and benefits differentiate us from the other employers and align with our effort to create the most desirable workplace possible. Our compensation department regularly conducts wage surveys and reviews cost-of-living indicators and community norms.
In accordance with a new Securities and Exchange Commission rule, Tyson Foods discloses the ratio of our CEO’s annual total compensation for the fiscal year to the median of the annual total compensation of U.S. team members. Because the SEC’s rules for calculating this ratio allow companies to adopt a variety of methodologies, apply certain exclusions, and make reasonable estimates and assumptions, the pay ratio reported by other companies may not be comparable to our pay ratio.
We provide our team members and their families with affordable health, life, dental, vision and prescription drug benefits. In fact, we require all regular, full-time team members who have completed 59 days of employment to have health care coverage through either the company-sponsored health plan or through a family member’s plan. This means that 100 percent of our eligible team members have access to health care coverage.
Other benefits include paid vacations and holidays, eligibility to participate in a 401(k) retirement savings program, an employee stock purchase program, short- and long-term disability coverage and educational assistance. We also offer an employee assistance program through which team members can speak confidentially with a licensed professional counselor who can provide short-term help with concerns that may impact mental well-being, such as addiction, anxiety disorders, depression, stress and other emotional health issues. This program is offered at no cost to eligible team members, their spouses, dependent children, parents and parents- in-law. We have also invested in bariatric coverage through a partnership with BARInet Preferred Provider Network, which covers weight loss procedures for qualified team members and spouses.
Other support for team members and their families includes a program through Rethink for families covered by the Tyson Group Health Plan who are raising children with learning or behavior challenges. We offer paid time off for both mothers and fathers, as well as adoptive parents, and cover certain fertility expenses through Progyny and coverage for Applied Behavior Analysis (ABA) for Autism Spectrum Disorder.
$6 Billion U.S. Payroll
$752 Million Benefits cost for U.S. Operations
$16.24 Average Hourly Pay Rate for U.S. Hourly Team Members
$1 MILLION IN EDUCATIONAL ASSISTANCE PROVIDED TO TEAM MEMBERS
We make efforts to engage team members and their covered dependents to improve their health and well-being. We try to address this issue creatively with the services and support programs we provide. These include telemedicine, biometric screenings, postcards from vendors outlining health and well-being programs, outreach from third-party administrators regarding programs and how to reduce ER services, and other segmented communication efforts.
For our fleet drivers specifically, we continuously research and develop driver-focused pay programs to grow and develop our fleet. We utilize various pay programs to incentivize our drivers to optimize their mileage and stay safe on the roads.
We support programs that reduce health care barriers our team members may face by partnering with local health care nonprofits to increase access. For example, we provide funding to make The Arkansas Mission of Mercy a free dental health clinic for members of the community, including our team members.
We also support a Marshallese patient navigator program with the Community Clinic in Springdale, Arkansas. A “health care navigator” is someone who is a trusted member of a community or has an exceptional under- standing of a community being served. This relationship enables the worker to serve as a link between health and social services and the community. This new patient navigator now comes to the Tyson Foods plant weekly to help hourly team members make appointments, understand their health benefits, provide information about referrals, and answer questions — whatever it takes to help people improve their health.
We also provide a series of videos about fundamental subjects related to health care and insurance. The videos are offered in English, Spanish and Marshallese and have an accompanying summary sheet. This approach helps team members overcome the challenges of language, low literacy in their native language, unfamiliarity with the health care system, and ability to access the resources they need.
Benefits | Temporary | Part-time | Full-time hourly |
Full-Time & Non-Exempt |
Full-Time Salaried |
Full-Time Management Support |
---|---|---|---|---|---|---|
BenefitsCompany-paid accidental death and dismemberment plan | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsCompany-paid life insurance | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsBereavement pay, paid sick days, jury duty pay and military pay1 | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsChaplaincy program | Temporary | Part-time | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsEducational assistance program (employees only) | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsFlexible spending accounts (e.g., health care and child care) | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsFree diabetic test strips through mail order | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsFree medical expert opinion program | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsFree weight management program | Temporary– | Part-time– | Full-time hourly– | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsFree online health risk assessment and wellness portal | Temporary– | Part-time– | Full-time hourly– | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsFree pregnancy support program | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsFull-service credit union | Temporary | Part-time | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsLong-term care insurance | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsMedical, dental, vision and prescription medication coverage | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsMerchant discount | Temporary | Part-time | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsNon-tobacco use premium incentive and free tobacco cessation program | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsPaid maternity leave | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsProduct discounts through company-owned stores | Temporary | Part-time | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsRetirement savings plan (401k) | Temporary | Part-time | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsShort-term (company paid) and long-term disability2 | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsLong-term incentives (LTI) (only offered to salaried team members at certain grade levels) | Temporary– | Part-time– | Full-time hourly– | Full-Time & Non-Exempt– | Full-Time Salaried | Full-Time Management Support– |
BenefitsStock purchase plan | Temporary | Part-time | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsVacation days and paid holidays3 | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsVoluntary accidental death and dismemberment plan | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsVoluntary life insurance plan | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
BenefitsVoluntary critical illness, accident and whole life coverage | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
Benefits$0 generics for certain maintenance medications | Temporary– | Part-time– | Full-time hourly | Full-Time & Non-Exempt | Full-Time Salaried | Full-Time Management Support |
1These benefits are provided to our U.S. team members including U.S. Cobb-Vantress. It does not cover International team members.
2Unless required by law, as negotiated in a collective bargaining agreement, or as specified in pre-existing company policy, hourly workers do not receive paid sick days. However, the company does pay short-term disability for up to 13 weeks (after a five-day waiting period) and also offers long-term disability coverage at a competitive group rate. It provides 60% of their earnings tax free for up to 10 years.
3We do offer paid vacation time, pay for recognized holidays and sick pay in locations where required by law. Additionally, we are currently testing various delivery systems for paid time off such as taking vacation time in increments less than the traditional day at a time. We believe our investment in Upward Academy and addressing financial literacy gaps with our workforce will better enable our team members to understand and manage a paid time off system in a manner that ensures wage protection.
Since the Immigration Reform and Control Act of 1986, the burden of determining who is legally eligible to work in the U.S. has been on employers. This has been particularly challenging to the meat industry, which has historically attracted immigrants and refugees because we offer well-paying entry-level jobs and benefits. Tyson Foods has taken some important steps to ensure the validity of team members’ employment status, including: