Domino's invests $9.6M in front-line workers through additional bonuses
More than 11,000 hourly team members and drivers are eligible
Domino's announced Monday that it's issuing another round of special bonuses to tens of thousands of its front-line employees this month as a "thank you" for working during the global health crisis.
More than 11,500 company-owned store and supply chain hourly team members and drivers will receive a bonus of up to $1,200 in December, the pizza company said. However, Domino's didn't specify when the bonuses will be doled out.
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The demand for Domino's had surged since the coronavirus pandemic first crippled the restaurant industry earlier this year, forcing consumers to rely on takeout as dining rooms shuttered. The company began recruiting upward of 30,000 people across the country just to keep up with the demand.
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In its latest earnings report, the company said its sales have been "positively impacted by customer ordering behavior during the COVID-19 pandemic."
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DPZ | DOMINO'S PIZZA INC. | 445.85 | +6.88 | +1.57% |
U.S. same-store sales grew 17.5% during the third quarter compared to the same period a year ago.
(Domino's)
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The bonus is the company's way of saying "thank you to these remarkable people" who have and continue to help the company operate through the crisis, Domino's CEO Ritch Allison said.
"We have the honor and privilege of being open and operating throughout the U.S. during this crisis, and we recognize that we could not be doing it without the hard work and dedication of our team members," Allison added.
Its latest round of bonuses will total more than $9.6 million, the company said.
Earlier this year, the company paid a special bonus to front-line workers at its corporate stores and supply chain centers and provided paid time off to team members impacted by the virus, Domino's said.
The move is similar to ones made by Walmart, Lowe's, Amazon and Target, which have issued multiple rounds of bonuses for their workers to thank them for their efforts during the pandemic.
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