Hostess to reward employees with cash, sweet goods

by Eric Schroeder
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Hostess bonus
Hostess employees will receive a mix of cash and sweet goods as part of a new bonus payment plan.
 

KANSAS CITY — Employees at Hostess Brands, Inc. will be receiving a mix of cash and sweet goods as part of a new bonus payment plan announced by the company.

In connection with the recently enacted tax legislation, Hostess said it will provide bonuses totaling $1,250 to each of its 1,036 hourly bakery and corporate employees. The bonuses will include $750 in cash and a $500 401k contribution.

Additionally, Hostess said it will give employees a year’s worth of free product. As part of the giveaway, a representative of each bakery location will choose a “product of the week” for the bakery, and each employee at the bakery will be eligible to take home one multi-pack of the week’s selection, every week for a year.

C. Dean Metropoulos, Hostess
C. Dean Metropoulos, executive chairman of Hostess
“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,” said C. Dean Metropoulos, executive chairman. “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.” 
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