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ICYMI: 40 Companies and Counting Announce Bonuses after Tax Cuts

- January 4, 2018

Boom: 40 companies give Trump tax reform bonuses, up to $2,000
Washington Examiner
Paul Bedard
January 3, 2018

"Some 40 U.S. companies have responded to President Trump’s tax cut and reform victory in Congress last year by handing out bonuses up to $2,000, increases in 401k matches and spending on charity, a much higher number than previously known.

"Some highlights:
• BB&T – $1,200 bonuses for 27,000 employees…
• Comcast — $1,000 bonuses to 100,000 employees…
• Express Employment Professionals — $2,000 bonuses to more than 200 non-executive employees.
• Gate City Bank — $1,000 hand-delivered bonus checks to 538 non-management personnel…
• Navient – 98% of Navient’s 6,700 employees will receive a $1,000 bonus…
• Regions Financial Corporation – base wage increase to $15 per hour…
• Southwest Airlines — $1,000 bonuses for all 55,000 employees…
• U.S. Bancorp – $1,000 bonuses for 60,000 employees…"

To read more, click here.


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