Hostess Brands, the maker of Twinkies, announced on Thursday that they will offer their employees a sweet deal: employee bonuses and free Hostess snacks for one year.
Hostess will give more than 1,000 employees a bonus of $1,250, which includes $750 in cash and a $500 contribution to their 401(k). The food giant will give their employees a multipack “product of the week” for free; local Hostess bakeries will choose which snacks to give their employees each week.
C. Dean Metropoulos, the Hostess Brands executive chairman, said in a letter to employees:
The recent tax reform changes have given us the opportunity to review our benefit and compensation structure with an eye toward further investing in our workforce — our extraordinary team of employees who have and continue to help make Hostess so successful. As we have done in the past, the company’s management and board take great pleasure in sharing the company’s success with our employees.
Hostess Brands, which was founded in 1919, makes Twinkies, Ho Hos, cupcakes, and fruit pies.
Lowe’s, the home improvement retailer, announced on Thursday that they will provide over 260,000 of their workers bonuses of $1,000, along with other worker-related benefits, such as adoption assistance and paid parental leave.
President Donald Trump tweeted on Sunday, “Our economy is better than it has been in many decades. Businesses are coming back to America like never before. Chrysler, as an example, is leaving Mexico and coming back to the USA. Unemployment is nearing record lows. We are on the right track!”
Article Appeared @http://www.breitbart.com/big-government/2018/02/01/ups-cigna-hostess-announce-bonuses-investments-and-free-snacks-due-to-tax-reform/