Molson Coors Issues Bonuses, Raises Workers' Pay Amid Pandemic

Todd · Mar 29, 2020

The brewing industry is an essential part of the U.S. economy, and Molson Coors (NYSE:TAP) is taking steps to ensure that it can maintain an uninterrupted flow of alcoholic beverages to retailers and distributors across the country. Among the moves the beer giant announced on Friday are temporary pay boosts for its workers, plus more paid leave for employees impacted by the spread of COVID-19.
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Molson Coors is allowing most at-risk employees the option of taking paid leave for the month of April at 60% of their regular wages. People whose work must be done on-site and who choose to continue working as usual will see enhanced safety measures including an aggressively sanitized work environment and new social-distancing protocols.
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Employees paid hourly will also receive an extra $5 per hour of work during this period of higher risk of coronavirus exposure. For salaried employees who continue working, and whose work must be done on-site, Molson Coors will be issuing bonuses of $200 per week.
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https://www.fool.com/investing/2020/03/27/molson-coors-issues-bonuses-raises-workers-pay-ami.aspx

Molson Coors Issues Bonuses, Raises Workers' Pay Amid Pandemic

Todd Founder (13,518) Aug 23, 1996 Finland
STAFF Mod Team Society Pooh-Bah

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Molson Coors Issues Bonuses, Raises Workers' Pay Amid Pandemic

Todd Founder (13,518) Aug 23, 1996 Finland STAFF Mod Team Society Pooh-Bah

Todd Founder (13,518) Aug 23, 1996 Finland
STAFF Mod Team Society Pooh-Bah