Consumers have been stockpiling on essential goods and packaged foods in the past few weeks as more U.S. states go into lockdown to contain the fast-spreading virus, which has killed over 400 in the United States.
Retail giants Amazon.com Inc (O:AMZN) and Walmart Inc (N:WMT) have also temporarily raised pay for their hourly U.S. workers, while Jif peanut butter maker J.M. Smucker (N:SJM) said on Monday it would give a $1,500 one-time bonus to each of its 5,700 employees on duty.
Mondelez said the hourly wage hike is effective immediately, through May 2.
