Conagra Brands Is Handing Out $7 Million in Worker Bonuses
As new coronavirus infections continue to be diagnosed at nearly 20,000 per day in the U.S., packaged-food maker Conagra Brands (NYSE: CAG) has decided to pay its workers another bonus, totaling more than $7 million. The company already handed out one bonus to its frontline employees earlier in the pandemic, but is now preparing to issue a second reward as a thank-you payment and incentive to workers still on the job.
The bonuses will go to workers in the United States as well as Canada and Mexico, three countries where Conagra operates approximately 50 production plants and distribution facilities. While the press release didn't specify the size of the individual payments, the previous round of cash distributions saw full-time workers pocketing $500 each, with part-time employees receiving half that.
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Source Fool.com
