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Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut the bank's corporate tax rate.
Fifth Third is yet another company to announce a bonus for employees because of the tax plan. AT&T said earlier Wednesday that it would pay more than 200,000 U.S. employees $1,000 each and increase its capital spending budget by $1 billion.
Wells Fargo, meanwhile, also said it would be boosting its minimum wage for employees to $15 an hour, which was prompted by the tax plan. The San Francisco-based bank also said it would target $400 million in donations to community and nonprofit organizations next year.
Wells Fargo, Fifth Third Bancorp unveil minimum wage hikes after tax bill passage
Two more companies announcing pay increase for their employees due to the tax bill passage.
But I thought this was the end of civilization as we know it........
Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut the bank's corporate tax rate.
Fifth Third is yet another company to announce a bonus for employees because of the tax plan. AT&T said earlier Wednesday that it would pay more than 200,000 U.S. employees $1,000 each and increase its capital spending budget by $1 billion.
Wells Fargo, meanwhile, also said it would be boosting its minimum wage for employees to $15 an hour, which was prompted by the tax plan. The San Francisco-based bank also said it would target $400 million in donations to community and nonprofit organizations next year.
Wells Fargo, Fifth Third Bancorp unveil minimum wage hikes after tax bill passage
That's one of the very few points you have ever made.The thing is we do not know what they were making prior, and most yearly raises are done at the end of the year, and maybe they always give bonuses. So gullible. Go ahead thought and pray to Trump.
Hard to say but if they made a press announcement I'm guessing they weren't going to get the extra thousand before now.The thing is we do not know what they were making prior, and most yearly raises are done at the end of the year, and maybe they always give bonuses. So gullible. Go ahead thought and pray to Trump.
They both got bennies from the Trump Tax Cut and At & T got repeal of net neutrality.
Really? Fascinating. Because the statistics show that, despite decades of record corporate profits, wages have stagnated, as have benefits. And, as it turns out, tax revenue is not gathered and shot into outer space...it actually goes back into the economy, to people's benefit. Such as, for instance, enforcing laws against criminal fraud like that uncovered at....wait for it....Wells Fargo.You see, that’s how it works when companies have more of their own money and the government has less. People benefit
Two more companies announcing pay increase for their employees due to the tax bill passage.
But I thought this was the end of civilization as we know it........
Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut the bank's corporate tax rate.
Fifth Third is yet another company to announce a bonus for employees because of the tax plan. AT&T said earlier Wednesday that it would pay more than 200,000 U.S. employees $1,000 each and increase its capital spending budget by $1 billion.
Wells Fargo, meanwhile, also said it would be boosting its minimum wage for employees to $15 an hour, which was prompted by the tax plan. The San Francisco-based bank also said it would target $400 million in donations to community and nonprofit organizations next year.
Wells Fargo, Fifth Third Bancorp unveil minimum wage hikes after tax bill passage
Really? Fascinating. Because the statistics show that, despite decades of record corporate profits, wages have stagnated, as have benefits. And, as it turns out, tax revenue is not gathered and shot into outer space...it actually goes back into the economy, to people's benefit. Such as, for instance, enforcing laws against criminal fraud like that uncovered at....wait for it....Wells Fargo.You see, that’s how it works when companies have more of their own money and the government has less. People benefit
I don't think it would be a hard exercise to point to the money "wasted" by private business.Really? Fascinating. Because the statistics show that, despite decades of record corporate profits, wages have stagnated, as have benefits. And, as it turns out, tax revenue is not gathered and shot into outer space...it actually goes back into the economy, to people's benefit. Such as, for instance, enforcing laws against criminal fraud like that uncovered at....wait for it....Wells Fargo.You see, that’s how it works when companies have more of their own money and the government has less. People benefit
Yeah, and it also gets spent on a perpetual war machine around the world, into the hands of foreign dictators, the government picking winners and losers in the form of corporate welfare, and a multitude of other wasteful ventures
So basically Trump is giving people $15 an hour minimum wage without having to make it a nation wide law. Crazy.
For some reason, LWNJ's are horrified at the idea of people being able to keep more of their own money.
So basically Trump is giving people $15 an hour minimum wage without having to make it a nation wide law. Crazy.
