Hostess to pay bonuses in Twinkies as well as cash

CHICAGO, IL - DECEMBER 11: Hostess snacks are offered for sale at a Jewel-Osco grocery store on December 11, 2012 in Chicago, Illinois. The Jewel-Osco grocery store chain purchased the last shipment of 20,000 boxes of Hostess products and put them on sale in their stores throughout the Chicago area today. Hostess Brands Inc. shut down its baking operations and began liquidating assets last month after failing to negotiate a labor contract with Workers with the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (Photo by Scott Olson/Getty Images)

Hostess Brands is the latest company to offer bonuses thanks to the new tax plan. But it’s the first to throw in Twinkies and Ding Dongs on top of the cash.

Hostess Brands said it would provide $1,250 bonuses to 1,036 hourly employees “following the recently enacted tax legislation.”

The company said the bonuses would be $750 in cash and $500 in 401(k) contributions. It added that it would “further sweeten the benefit” by giving all of its 1,300 employees a year’s worth of free baked products.

Each week for a year Hostess said will select a “product of the week” and provide a multi-pack to every employee.

Related: The whole story behind the 3 million workers who got tax cut bonuses

Many companies, including American Airlines, Disney and AT&T, have given bonuses to employees citing the new tax plan, which lowers the tax rate for corporations. But the bonuses represent a fraction of how much money the companies are actually saving.

Hostess Brands, based in Kansas City, Missouri, is a century-old company that makes famous snacks like Twinkies, CupCakes and Ding Dongs.