Tyson Foods Provides Affordable Transportation for Team Members Through Ride-Share Program

Rhea-AI Summary

Tyson Foods has partnered with Commute with Enterprise to enhance transportation solutions for its team members. This initiative benefits over 1,000 employees across 26 facilities, saving an estimated 4 million commuter miles. Participants can share costs, averaging $15 to $25 weekly, while the program addresses long commute times and rising fuel prices. Tyson Foods is also enhancing employee support through initiatives like a car purchasing program and substantial investments in wage increases, aiming to be the top employer in the protein sector.

Positive

• Partnership with Commute with Enterprise enhances employee transportation solutions.
• Over 1,000 team members benefit, with an estimated 4 million commuter miles saved.
• Low-cost commuting options, averaging $15 to $25 per week, improve employee satisfaction.
• Additional support programs like car purchasing assist team members with reliable transportation.
• Investments exceeding $500 million in wage increases and bonuses enhance employee retention.

Negative

• None.

Company partners with Commute with Enterprise to create transportation solutions

SPRINGDALE, Ark., May 11, 2022 (GLOBE NEWSWIRE) -- Tyson Foods (NYSE: TSN) is helping its team members address the barriers of transportation through Commute with Enterprise, a growing ride-share program that provides team members with a low-cost way to commute to work.

The relationship began last year and has grown to include 26 Tyson Foods facilities, helping more than 1,000 team members and saving an estimated 4 million commuter miles. Enterprise works with each location to develop a vanpooling plan, which involves grouping employees based on where they live and the shifts they work.

Commute with Enterprise provides each group with a minivan, SUV or passenger van, along with maintenance and insurance, while the riders share responsibilities, such as taking turns driving. Participants can save money by sharing the cost of renting the vehicle and gas. On average, it costs between $15 and $25 per week to participate.

“We’re always looking for ways to create a better experience for our team members as many live and work in rural America and face long commute times,” said Hector Gonzalez, head of labor and team member relations for Tyson Foods. “This program gives them a reliable way to work while also helping them save money. It also helps offset the impact of higher fuel prices.”

“Before the ride-share program, my drive from Winston-Salem to Wilkesboro was about 54 miles, and I spent most of my evenings in the car,” said Hazel Tibbs, a Tyson team member in Wilkesboro, North Carolina. “Now I have more time to do things for myself and exhale from life while only spending $25 per week.”

Some plants are taking other measures to assist team members with transportation. For example, Tyson Foods’ facility in Eagle Mountain, Utah, created a car purchasing program by providing team members with three installments of $500 to help them buy reliable transportation. Over the course of 90 days, $1,500 is paid directly to the dealership to support the purchase. Full-time and part-time hourly team members, management support and temporary hires are eligible for the program.

Transportation programs are additional examples of the company’s efforts to become the most sought-after place to work in the protein industry. Tyson Foods has invested more than $500 million in wage increases and bonuses for frontline workers over the past year. In addition, it is piloting subsidized and onsite childcare, as well as seven near-site health centers. Along with providing legal and citizenship support for immigrant team members, the company recently announced it will provide free education assistance for all U.S. team members. An increasing number of Tyson production facilities are also offering more flexible work schedules for frontline workers.

To learn more about the career opportunities at Tyson Foods, visit tysonfoods.com/careers

About Tyson Foods, Inc.
Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under four generations of family leadership, the Company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp® and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the Company had approximately 137,000 team members on October 2, 2021. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit www.tysonfoods.com.

About Enterprise Holdings
Enterprise Holdings, Inc. is a leading provider of mobility solutions, owning and operating the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands through its integrated global network of independent regional subsidiaries. Enterprise Holdings and its affiliates offer extensive car rental, carsharing, truck rental, fleet management, retail car sales, as well as travel management and other transportation services, to make travel easier and more convenient for customers. Privately held by the Taylor family of St. Louis, Mo., Enterprise Holdings manages a diverse fleet of over 1.8 million vehicles through a network of more than 10,000 fully staffed neighborhood and airport rental locations in over 90 countries and territories.

Media Contact: Gary Mickelson, 479-236-9022

Category: IR

FAQ

How is Tyson Foods enhancing employee transportation solutions?

Tyson Foods has partnered with Commute with Enterprise, providing affordable commuting options and reducing long commute times for its employees.

What are the estimated savings from the Commute with Enterprise program?

The program is estimated to save around 4 million commuter miles for participants, benefiting over 1,000 team members.

What is the average cost for employees to participate in the ride-share program?

Participation in the ride-share program costs employees between $15 and $25 per week.

What other transportation assistance does Tyson Foods provide?

Tyson Foods has introduced a car purchasing program to help team members acquire reliable transportation by offering financial support.

How much has Tyson Foods invested in employee wage increases?

Tyson Foods has invested over $500 million in wage increases and bonuses for frontline workers to enhance employee satisfaction.