Papa John’s Announces Special End-of-year Bonus for Front-line Corporate Team Members

Rhea-AI Summary

Papa John’s International, Inc. (NASDAQ: PZZA) has announced a special end-of-year bonus totaling approximately $2.5 million for 14,000 front-line team members in corporate restaurants and supply chain. This follows earlier targeted bonuses and expanded benefits, including health and wellness programs. The company has also hired over 30,000 new employees this year, many displaced by the pandemic. Additionally, Papa John’s donated over 500,000 pizzas and raised over $3.6 million for COVID-19 relief and racial justice initiatives, reflecting its commitment to community support and employee appreciation.

Positive

• Special end-of-year bonus of approximately $2.5 million for 14,000 front-line employees.
• Expanded health and wellness benefits for corporate employees.
• Hired over 30,000 new team members, addressing pandemic job displacement.
• Donated over 500,000 pizzas to first responders and communities in need.
• Raised over $3.6 million for COVID-19 relief and racial justice.

Negative

• None.

Papa John’s International, Inc. (NASDAQ: PZZA) today announced a special end-of-year bonus for approximately 14,000 front-line team members in the company’s corporate restaurants and supply chain, totaling approximately $2.5 million. Earlier in the year, the company also provided targeted bonuses, incentives and crisis pay for some corporate restaurant and supply chain team members, in addition to expanding health, wellness, paid time-off and college tuition benefits.

“Never has Papa John’s growth and success depended on our team member’s hard work, steadfast dedication and commitment to safety as much as this year. In particular, our front-line workers in our restaurants and supply chain have been a constant source of positivity and commitment throughout this challenging year, enabling Papa John’s to deliver to millions of new and returning customers,” said Rob Lynch, President & CEO. “To acknowledge their importance and express our deep appreciation, we are providing a special end-of-year bonus to team members in our corporate restaurants and QCCs.”

In addition to mid- and end-of-year bonuses and expanded benefits for corporate employees like free virtual doctor visits, this year Papa John’s corporate and franchised restaurants have also hired over 30,000 new team members, many of whom had been displaced from other jobs by the pandemic. The company also continued its long-term commitment to supporting its communities, donating over 500,000 pizzas to first responders, front-line workers and communities in needs, and raising over $3.6 million for COVID-19 relief and the fight for racial justice.

About Papa John’s

Papa John’s International, Inc. (NASDAQ: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA. Papa John’s believes that using high quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa John’s tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa John’s is headquartered in Louisville, Ky. and is the world’s third largest pizza delivery company with more than 5,360 restaurants in 48 countries and territories as of September 27, 2020. For more information about the Company or to order pizza online, visit www.PapaJohns.com or download the Papa John’s mobile app for iOS or Android.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201222005167/en/

FAQ

What is the special bonus announced by Papa John’s for its employees?

Papa John’s announced a special end-of-year bonus totaling approximately $2.5 million for about 14,000 front-line team members.

How many new employees has Papa John’s hired this year?

Papa John’s has hired over 30,000 new team members this year.

What community support initiatives has Papa John’s undertaken?

Papa John’s donated over 500,000 pizzas and raised over $3.6 million for COVID-19 relief and racial justice initiatives.

What financial benefits are being provided to Papa John’s employees?

In addition to bonuses, Papa John’s expanded health and wellness benefits, including free virtual doctor visits.

What is the significance of the bonus for Papa John’s front-line workers?

The bonus acknowledges the hard work and dedication of front-line workers during a challenging year.