Maple Leaf Foods, Spam-maker Hormel paying workers bonuses to keep plants going [Financial Post (Toronto, Ontario, Canada)]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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Source: Financial Post
Maple Leaf Foods, Spam-maker Hormel paying workers bonuses to keep plants going Cash bonuses, pay raises and extended sick leave Some North American meat processors are offering plant workers bonuses as their already-gruelling jobs become even more critical amid the coronavirus threat. Spam-maker Hormel Foods Corp. and Maple Leaf Foods Inc., Canada’s largest food processor, are offering cash bonuses to plant workers amid a threat of production disruptions if workers start getting sick from the virus. Meat demand has soared since the outbreak as shoppers stock up on items for their pantries and freezers as they prepare to stay home to weather the pandemic. Hormel will spend more than US$4 million on cash bonuses for workers “who have been working around the clock” to ensure its products are available, the company said Monday. Full-time workers will receive US$300 while part-time workers will get US$150 in addition to extended paid sick leave. Sales of Hormel’s Spam increased as much as
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HRL
Earnings
- 2/29/24 - Beat
HRL
Sec Filings
- 4/8/24 - Form 144
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- HRL's page on the SEC website