Hundreds of companies are boosting wages and giving bonuses as a result of #taxreform. Here are 10 examples of workforce investment throughout the country. https://go.usa.gov/xnpAB pic.twitter.com/d8co4HqcSi
News and information from the press office of Senate Finance Committee Chairman @ChuckGrassley of Iowa
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Hundreds of companies are boosting wages and giving bonuses as a result of #taxreform. Here are 10 examples of workforce investment throughout the country. https://go.usa.gov/xnpAB pic.twitter.com/d8co4HqcSi
1.@WAFDbank announced employees making >$100k would receive a 5% wage increase, invest in employee training programs, hire 25% more tech staff, add a technical office in Idaho, and donate $5 million to community nonprofits. #taxreformhttp://www.bellinghamherald.com/news/local/article190930569.html …
2. This week, @Visa announced it will strengthen its employees’ 401(k) savings plans. #taxreform https://www.cnbc.com/2018/01/08/tax-reform-prompts-visa-to-raise-401k-match-for-employees.html …
3. @ZionsBank announced it would increase compensation for 40 percent of its employees, provide 80 percent of its employees $1,000 bonuses, and contribute $12 million to the Zions Bancorporation Foundation. #taxreform http://www.nasdaq.com/article/zions-bancorp-lifts-employees-compensation-due-to-tax-cuts-to-provide-bonus-20180102-00194 …
4. @ATT announced that it would give more than 200,000 workers $1,000 bonuses and increase its capital expenditures budget by $1 billion. #taxreform https://www.cnbc.com/2017/12/20/tax-reform-reaction-att-is-giving-bonuses-to-200000-employees.html …
5. Kansas City Southern announced it would give its subsidiaries’ employees a $1,000 bonus. #taxreformhttp://bit.ly/2Dj6KlG
6. Copperleaf Assisted Living announced it will give its 175 employees bonuses of up to $600 as a result of tax reform. The owners said they would give away all of the company’s estimated $60,000 dollars in tax savings from the legislation. #taxreform http://www.stevenspointjournal.com/story/news/2017/12/22/wisconsin-business-award-600-bonuses-employees-based-tax-cuts/977147001/ …
7. @Aflac announced it would make $250 million in investments to strengthen its workforce, promote growth, and bolster its commitment to supporting child cancer initiatives. #taxreformhttp://www.ledger-enquirer.com/news/business/article191926129.html …
8. @sheffercorp announced new investments in its plants and equipment and that all of its 126 employees would be given $1,000 bonuses. #taxreform https://www.portman.senate.gov/public/index.cfm?p=press-releases&id=0C2BBB64-3BF6-4CBC-BFCA-1CBDFF7F7DF4 …
9. @JetBlue announced it would give $1,000 bonuses to each of its 21,000 crew members, passing tax reform’s benefits to its workers. #taxreformhttps://www.cnbc.com/2018/01/04/jetblue-to-give-crew-members-1000-bonuses-after-tax-bill.html …
10. @hawaiianjewelry's owner said she plans expand operations as a result of tax reform, hoping to open up two new stores and reinvest in her business. #taxreformhttp://www.hawaiinewsnow.com/story/37123540/hiring-expansions-hawaii-small-businesses-have-big-plans-for-tax-savings …
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