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Oct 29, 2020

TD Bank thanks global employees with US$500 pandemic bonuses

Zach Curry discusses TD Bank

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Toronto-Dominion Bank, Canada’s largest lender by assets, is giving all full- and part-time employees US$500 bonuses as a reward for their efforts during the pandemic.

The award will go to about 90,000 non-executive employees around the world. U.S. and Canadian workers will receive that amount in their local currencies, and employees outside of those countries will get a roughly equivalent award.

“TD colleagues have demonstrated unparalleled resilience and determination,” Chief Executive Officer Bharat Masrani said Thursday in a memo to employees. “I am incredibly proud of your efforts to support our customers, communities and each other under the most trying circumstances.”