Truist Financial grants employee bonuses, shifts branch services

Truist Financial grants employee bonuses, shifts branch services

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Truist Financial Corp. (NYSE: TFC) is giving bonuses to thousands of employees to help offset financial hardships as the novel coronavirus, or COVID-19, spreads. Employees who make less than $100,000 in annual base pay will receive a $1,200 pre-tax bonus next week, Kyle Tarrance, director of media relations at Truist, said on Friday. About 45,000 people are eligible for the bonuses. Tarrance said the bonuses "recognize the focus on our clients’ needs even as many of our teammates may be facing…

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