Teamsters to Receive Bonus Pool at Yellow Operating Companies
Yellow has indicated that it is paying certain bonuses to various Company officers and/or executives. In the last agreement, TNFINC negotiated a “two for one” provision in the national agreement for executive bonuses. Specifically, for every dollar that gets paid in executive bonuses, qualified represented workers get two dollars put into a pool to split up. This year, the Teamster represented employees’ pool is $9,879,434.00; with about 20,033 individual eligible members, each member will receive $493.16. The checks to members will likely go out within the week. You must have worked 1000 hours or more in 2021 to be eligible for the bonus.