Dollar General Announces Approximately $50 Million in Additional Employee Appreciation Bonuses
November 17, 2020
Company Doubles Planned Bonus Investments for Front-Line Employees in Back Half of Year Up to $100 Million
*The article below is updated as of the release date. All content is subject to change without notice as a result of new or updated information or changes in Company policies and procedures.Goodlettsville, Tennessee – November 17, 2020 – Dollar General (NYSE: DG) announced today its plans to award approximately $50 million in additional appreciation bonuses to eligible frontline employees in Q4, doubling its planned investment in these bonuses in the back half of the year and bringing its Q3 and Q4 commitment to approximately $100 million in total. DG now plans to award up to approximately $173 million to store, distribution center and private fleet employees during its 2020 fiscal year.
“To demonstrate our ongoing gratitude and support for our employees directly serving our customers and communities during this pandemic, we are proud to double our initial plans for second-half bonuses by awarding an approximately additional $50 million to our frontline team members,” said Todd Vasos, Dollar General’s CEO. “Customers continue to look to and trust Dollar General to carry the essential household items on which they depend, all while furthering our mission of Serving Others. Our dedicated store, distribution and private fleet teams continue to work diligently to meet our customers’ needs, especially as we see increased demand and stock-up behaviors.”
On August 27, 2020, the Company announced it awarded approximately $73 million in appreciation bonuses cumulatively during its first and second quarters, as well as plans to invest up to $50 million during its third and fourth quarters.
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Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of August 4, 2023, the company’s 19,488 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever. Learn more at DollarGeneral.com.