Tyson Foods Employee Benefits 2023 | 401k | Handbook | Perks (2024)

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Welcome to the assistance page for Tyson Foods Employee Benefits | 401k | Health Solutions | Handbook | Careers | paperlessemployee.com/tyson:

Tyson Foods Employee Benefits Center:

(phone) 479-290-5000

(fax) 479-757-7395

CONTACTHR@TYSON.COMfor further assistance.

Tyson Foods Employee Benefits 2023 | 401k | Handbook | Perks (4)

Company Summary:

Tyson Foods, Inc. is an American multinational corporation headquartered in Springdale, Arkansas and focuses on the food industry. Tyson is the world’s second-largest processor and marketer of chicken, beef, and pork while annually exports large percentage of beef outside the US. They operate major food brands including Jimmy Dean, Ball Park, State Fair, among others. Tyson Foods ranked 79th in the 2020 Fortune 500 list of the largest US corporations by total revenue. Tyson Foods is also a major supporter of various charitable and community organizations, including those focused on hunger relief, education, and veteran support.

Did You Know?

John W. Tyson started the company in 1935 and profited during World War II when poultry was not included in the food being rationed then. Tyson moved into the business of raising chickens and grinding food for local chicken farmers. Moving forward to the 21st century, Tyson now produces a fifth of the beef, pork, and chicken sold in the US. Tyson Foods supply brands like KFC, Taco Bell, McDonald’s, Burger King, Wendy’s, and other small restaurants and prisons. They make a vast selection of animal-based, prepared foods and plant-based products at their 123 food processing plants. In recent years, Tyson Foods has been expanding its product offerings to include more sustainable and healthier options.

Final Company Statement:

Tyson is committed to offering their team members and their families an affordable health benefit. All regular, full-time team members are required to have health care coverage after 59 days of employment. 100 percent of their eligible team members have access to health care coverage. The company also wants to provide safe, high-quality, and affordable food for people around the world and improve the economic and social well-being of the communities where it operates. Tyson Foods is committed to sourcing its ingredients responsibly, which includes working with farmers and suppliers to reduce environmental impact, improve animal welfare, and ensure fair labor practices.

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Welcome to the assistance page for Tyson Foods Employee Benefits | 401k | Health Solutions | Handbook | Careers | paperlessemployee.com/tyson:

Tyson Foods Employee Benefits Center:

(phone) 479-290-5000

(fax) 479-757-7395

CONTACTHR@TYSON.COMfor further assistance.

Tyson Foods Employee Benefits 2023 | 401k | Handbook | Perks (5)

By submitting this form, you are consenting to receive marketing emails from: HealthManagementCorp (HMC). You can revoke your consent to receive emails at any time by using the Unsubscribe link, found at the bottom of every email. By using this form, you acknowledge that you have read and agree to the Privacy Policy and Terms & Conditions.

Company Summary:

Tyson Foods, Inc. is an American multinational corporation headquartered in Springdale, Arkansas and focuses on the food industry. Tyson is the world’s second-largest processor and marketer of chicken, beef, and pork while annually exports large percentage of beef outside the US. They operate major food brands including Jimmy Dean, Ball Park, State Fair, among others. Tyson Foods ranked 79th in the 2020 Fortune 500 list of the largest US corporations by total revenue. Tyson Foods is also a major supporter of various charitable and community organizations, including those focused on hunger relief, education, and veteran support.

Did You Know?

John W. Tyson started the company in 1935 and profited during World War II when poultry was not included in the food being rationed then. Tyson moved into the business of raising chickens and grinding food for local chicken farmers. Moving forward to the 21st century, Tyson now produces a fifth of the beef, pork, and chicken sold in the US. Tyson Foods supply brands like KFC, Taco Bell, McDonald’s, Burger King, Wendy’s, and other small restaurants and prisons. They make a vast selection of animal-based, prepared foods and plant-based products at their 123 food processing plants. In recent years, Tyson Foods has been expanding its product offerings to include more sustainable and healthier options.

Final Company Statement:

Tyson is committed to offering their team members and their families an affordable health benefit. All regular, full-time team members are required to have health care coverage after 59 days of employment. 100 percent of their eligible team members have access to health care coverage. The company also wants to provide safe, high-quality, and affordable food for people around the world and improve the economic and social well-being of the communities where it operates. Tyson Foods is committed to sourcing its ingredients responsibly, which includes working with farmers and suppliers to reduce environmental impact, improve animal welfare, and ensure fair labor practices.

Employee Benefits May Include the following:

Tyson Foods Employee Benefits 2023 | 401k | Handbook | Perks (6)

401k, Pension, Retirement, Retiree, Health Insurance, Medical, Vision, Dental, IRA, Competitive Base Pay, Quarterly Bonus, Paid Time Off, Weekly Pay, Medical, Dental, Vision, Insurance, Health Savings Account, Flexible Spending Accounts, Short-Term and Long-Term Disability, Paid Family Medical Leave, Bereavement, Jury Duty and Parental Leave, Life, Dependent and Accident Insurance, Critical Illness Insurance, Savings Plan 401(k), Company Paid Retirement Benefit, Employee Stock Purchase Plan, Paid Holidays, Flexible Spending Accounts (FSAs), Health Savings Account (HSA), Time Off and Flexible Days, Group Legal Plan, Group Home Auto Insurance, Pet Insurance, Employee Discounts, Adoption Reimbursem*nt, Tuition Reimbursem*nt and Student Loans, Well-Being Programs, etc…

Quick Summary of Benefits:

As of 2020, they have a record of more than 140,000 employees in their organization. Their employees may join in a wide selection of Tyson Foods Employee Benefits as soon as they become eligible. They may be eligible to the following benefits once they are qualified:

  • Health Insurance
  • Dental Insurance
  • Vision Program
  • Life Insurance
  • Occupational Accident Insurance
  • Accidental Death & Dismemberment Insurance
  • 401K Plan
  • Retirement
  • Performance Bonus

Some of Tyson Foods employee benefits also include the following:

  • Maternity and Paternity Leave
  • Family Medical Leave
  • Vacation and Time Off
  • Paid Holidays
  • Sick Days
  • Bereavement Leave
  • Employee Discount
  • Professional Support
  • Tuition Assistance

Please note that the full list of benefits available to new employees varies from location to location due to differences in local laws, regulations, and customs – and may change at any time.

B.A.M. Recommendation:

“Please visit the official company website directly to verify all benefit options and details. You may also visit the link(s) provided below for more information and verification.”

  • https://www.tysonsustainability.com/workplace/compensation-benefits

Tyson Foods Employee Benefits 2023 | 401k | Handbook | Perks (7)

Your Benefits Resources Website:

The YBR Web site is available 24 hours a day, seven days a week. YBR provides information, tools and calculators to help you access your Tyson Foods Employee Benefits:

  • Learn how your benefit plans work.
  • Understand the expenses and services that your options cover.
  • Build your own medical plan, selecting from various coverage options.
  • Compare health care and insurance options.
  • Estimate your out-of-pocket costs for your medical options.
  • Search for doctors, dentists, and eye doctors online using the criteria you enter.
  • Choose or change your beneficiary(ies).
  • Estimate your need for:
    • Life and long-term disability insurance coverage; and
    • A health care and/or dependent care spending account.
  • Get answers to questions about your benefits. Use the “Contact Us” link on the site to send a secure question to a Customer Service Representative.

Information on your health and welfare, 401(k), pension and FSA benefits. For example:

Health and welfare

  • View your current health and welfare benefits coverage
  • Make enrollment decisions

401(k)

  • View your current 401(k) balance and change contributions
  • Make fund transfer and investment election changes

Pension

  • If you are eligible for a pension benefit:
    • View your pension information
    • Project your pension income
    • Start your pension
    • Make beneficiary designations and changes (if applicable)

FSA

  • Manage your FSA(s)

General Tasks:

  • Request a new User ID and password or change your existing User ID and password
  • Learn more about your benefits
  • Review, add or change yourdependentor beneficiary information on file (if applicable)
  • Understand how a Life Event may affect your benefits

B.A.M. Recommendation:

“Please visit the official company website directly to verify all benefit options and details.”

Tyson Foods Employee Benefits 2023 | 401k | Handbook | Perks (8)

Manage Your Benefits Resources | Tyson Foods Employee Benefits

Staff Member / Employee Account

Current Employees – Login / Sign in for Tyson Foods Employee Benefits:

  1. Visit this link in your preferred internet browser on your device.
  2. Type in your Username in the space provided.
  3. Type in your current Password in the space provided.
  4. Select the blue “Login” button to proceed.
  5. Continue to move forward until you get to your account.

New Employees – Register / Enroll for Tyson Foods Employee Benefits:

  1. Visit this link in your preferred internet browser on your device.
  2. Select the blue “Create Account” button found on the page.
  3. Type in your Employee ID in the space provided.
  4. Type in your 9-digit Social Security Number in the space provided.
  5. Type in your Date of Birth in the space provided.
  6. Select the blue “Authenticate and Create Account” button to proceed.
  7. Continue to move forward and provide every important information that is asked of you to create a new account online.

You will be directed to your account details where you may start to manage or review as soon as your registration has been successfully completed.

Helpful PDF links for Tyson Foods Employee Benefits:

  • Tyson Foods Healthcare Insurance

Awards for Tyson Foods:

  • Included in Fortune 500 in 2015.
  • Black Engineer and Information Technology included Tyson Foods in their Most Admired Companies in Research Science in 2010.

Tyson Foods Employee Benefits Video Summary:

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Tyson Foods Employee Benefits 2023 | 401k | Handbook | Perks (2024)

FAQs

What are Tyson Foods benefits? ›

We provide our team members and their families with paid time off; 401(k) plans; affordable health, life, dental, vision and prescription drug benefits; and more.

Does Tyson Foods give Christmas bonuses? ›

Tyson Foods will pay its 90,000 U.S. hourly employees a one-time, year-end bonus between $300 and $700. The company estimates it will spend about $50 million on the extra pay.

What is the highest paying job at Tyson Foods? ›

What is the highest salary at Tyson Foods? The highest-paying job at Tyson Foods is a Chief Counsel with a salary of $432,982 per year (estimate). What is the lowest salary at Tyson Foods? The lowest-paying job at Tyson Foods is a Bagger with a salary of $32,343 per year (estimate).

What are Tyson Foods paid holidays? ›

Tyson Foods proudly celebrates our nation's workforce on Labor Day as a paid holiday for all team members. We also celebrate our nation's military on Memorial Day as a paid holiday for all team members. We honor all who defend and work in our great country.

What is the bonus structure for Tyson Foods? ›

DAKOTA CITY — Tyson Foods is handing out $50 million in year-end bonuses to its frontline and hourly employees. The one-time bonuses for about 83,000 eligible employees will range from $300 to $700, based on tenure, and will be distributed starting this month.

What is the retirement age for Tyson Foods? ›

Team Member must be at least 55 years of age and years of service must equal at least 70 and should be coded as retirement in SAP.

What is Tyson Foods price to earnings? ›

P/E ratio as of August 2024 (TTM): 63.0

According to Tyson Foods 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 63.0404. At the end of 2022 the company had a P/E ratio of 8.98.

How much are Christmas bonuses usually? ›

They usually range from 5-10% of your year's earnings. For example, if your salary is $50,000 a year, your holiday bonus can vary from $2,500 to $5,000.

What is the bonus for Christmas? ›

A Christmas bonus is also called a holiday bonus, which is more politically correct since not everyone celebrates Christmas. An employer gives this bonus to employees during the holiday season. A holiday bonus can be a physical gift, it can be in the form of extra days off (paid leave), or it can be cash.

What is the average wage at Tyson? ›

Hourly pay at Tyson Foods, Inc. ranges from an average of $13.43 to $29.77 an hour. Tyson Foods, Inc. employees with the job title Ammonia Refrigeration Technician make the most with an average hourly rate of $28.76, while employees with the title Sanitation Worker make the least with an average hourly rate of $14.76.

Does Tyson pay well? ›

As of Aug 17, 2024, the average hourly pay for a Tyson Foods in the United States is $28.21 an hour.

What is the salary of the CEO of Tyson Foods? ›

Tyson Foods' CEO is Donnie King, appointed in Jun 2021, has a tenure of 3.17 years. total yearly compensation is $13.18M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.077% of the company's shares, worth $17.37M.

Does Tyson have good benefits? ›

—Tyson Foods has overhauled its healthcare and wellness benefits for its employees, investing more than $20 million this year in the changes. The company now offers longer parental leave, additional mental health support and other wellness and health plan benefits at no additional cost to employees.

How does Tyson Foods treat their employees? ›

Tyson's poor working condition have made it notorious among advocates for workers. In 2017, a report from Oxfam America, an anti-poverty nonprofit group, called out the poor working conditions of the four largest US poultry companies—including how workers' were routinely denied bathroom breaks.

Does Tyson Foods have a pension plan? ›

Tyson Foods Pension Plan is a single employer-defined contribution plan corporate pension based in Springdale, Arkansas.

What is the purpose of Tyson Foods? ›

We feed our families, the nation, and the world with trusted food products. We serve as stewards of the animals, land, and environment entrusted to us. We strive to provide a safe work environment for our team members.

What are some weaknesses of Tyson Foods? ›

Weaknesses: Operational challenges and market volatility present ongoing risks for Tyson Foods Inc. Opportunities: Expansion into new markets and product innovation offer growth potential for Tyson Foods Inc. Threats: Intense competition and regulatory pressures could impact Tyson Foods Inc's market position.

What are the 5 C's at Tyson Foods? ›

Our 5Cs are Caring, Candor, Creativity, Collaboration, and Commitment and we live our 5Cs every day. The 5Cs help us build a more inclusive culture and I encourage you to explore them and invite you to make them a part of your everyday too—inside and outside of work.

What is Tyson Foods competitive advantage? ›

Operational Scale and Diversification: Tyson Foods Inc's large-scale operations provide a competitive edge in terms of cost efficiency and market reach.

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