This is going to take a LONG time to read, so @LafayetteBear feel free to take a nap if your brain starts to get tired.
https://www.yahoo.com/finance/news/...ses-afterglow-trump-tax-reform-171148283.html
Here’s a comprehensive list of companies and what they’re offering employees, post-tax cut, courtesy of Strategas Partners, Americans for Tax Reform and original reporting. Industries range from airlines to wineries, promising everything from $1,000 bonuses to planting more vines.
https://www.yahoo.com/finance/news/...ses-afterglow-trump-tax-reform-171148283.html
Here’s a comprehensive list of companies and what they’re offering employees, post-tax cut, courtesy of Strategas Partners, Americans for Tax Reform and original reporting. Industries range from airlines to wineries, promising everything from $1,000 bonuses to planting more vines.
- 1st Summit Bank: $1k bonuses to full-time employees; salary raises; increased charitable donations
- AAON: $1k bonuses for 2,000 employees
- AccuWeather: Year-end bonuses for 450-500 employees
- Advance Financial: increase in 401(k) match
- Aflac (AFL): Increase 401(k) match from 50% to 100% on the first 4% of compensation plus a one-time $500 contribution to every employee’s 401(k)
- Alaska Airlines: $1k bonuses for 22,000 employees
- Amarillo National Bank: $1k bonuses for 313 employees
- American Airlines (AAL): $1k bonuses for ~127,600 employees
- American Bank: $1k bonuses for 60 employees
- American Community Bank & Trust: $500 bonuses to all employees, hiring more employees
- American Savings Bank: $1k bonuses for 1,150 employees, minimum wage increase to $15.25
- AndyMark: Hiring more employees
- Anfinson Farm Store: $1k bonuses, 5% pay raises for employees
- Apple (AAPL): $2,500 bonuses in restricted stock units, hiring 20,000 new employees
- Aquesta Financial Holdings: $1k bonuses for 95 employees, minimum wage increase to $15
- Associated Bank: $500 bonuses for all hourly employees, minimum wage increase to $15
- AT&T (T): $1k bonuses for 200,000 U.S. employees
- AutoNation: doubling 401(k) match, launch of cancer benefit program
- Ball Ventures: $100 bonuses for every year of employment
- BancorpSouth Bank: pay raises for ~70% of employees, bonuses for ~20% of employees
- Bank of Advance: $1k bonuses to all employees
- Bank of America (BAC): $1k bonuses for 145,000 U.S. employees
- Bank of Colorado: $1k bonuses to all full-time employees
- Bank of Hawaii: $1k bonuses for 2,074 employees, minimum wage increase to $15
- Bank of the James: Increase base wage to $15 for employees serving more than 1 year; increased employee vacation days
- Bank of the Ozarks: Incentive bonus plan for 2,300 employees of up to $1,200
- BB&T (BBT): $1,200 bonuses for 27,000 employees, minimum wage increase to $15
- Berkshire Hills Bancorp (BHLB): $1k bonuses to 1,000 employees, base wage increase to $15,
- Boeing (BA): $300 million for “workplace of the future” facilities, infrastructure, workforce development, charitable giving
- Cabot Oil & Gas: $1,600 bonuses for employees
- Camden National Bank: $1k bonuses to all non-executive full-time employees, $750 bonuses to part-time employees
- Canary LLC: Hire more employees
- Capital One: Raising minimum wage to $15
- Cedar Rapids Toyota: $500 bonuses to full-time employees
- CenterState Bank: $1k bonuses to non-officer employees
- Central Bancompany: $1k bonuses to full-time employees, $500 bonuses for part-time employees
- Central Pacific Bank: $1k bonuses to 850 employees, minimum wage increase to $15.25
- Charlotte Pipe & Foundry Company: $1k bonuses to all 1,400 employees
- Citizens Financial (CFG): $1k bonuses for 12,500 employees
- Clayton Distillery: Upgrade facilities
- College of the Ozarks: $204 bonuses for employees
- Comcast (CMCSA): $1k bonuses for 100,000 employees
- Comerica: $1k bonuses for 4,500 employees. base wage increase to $15
- Commerce Bancshares: $1k bonuses for 3,450 full-time employees; $250 bonuses for eligible part-time employees
- Community Trust Bancorp: $1k bonuses for full-time employees; $500 bonuses for part-time employees
- Copperleaf Assisted Living: $200-$600 bonuses for 175 employees
- Data Sales Co.: $1k bonuses for all 80 employees
- Dayton T. Brown: $400 bonuses for all 210 employees
- Delaware Supermarkets: $150 extra bonuses for 1,000 non-management personnel
- DePatco: Employee bonuses
- Dime Community Bank (DCOM): $1k bonuses for non-executive employees
- Disney (DIS): $1k bonuses for 125,000 employees, $50M investment in employee education
- DTN: $1k bonuses to ~700 employees
- Eagle Ridge Ranch: Employee bonuses
- EastIdahoNews.com: Employee bonuses
- Elite Roofing Systems: Employee bonuses
- Elite Clinical Trials: Employee bonuses
- Emkay: $1k bonuses for all 150 full-time employees
- Employers Mutual Casualty Insurance: $1k bonuses for employees for those below the VP position
- Ennis: $500 bonuses for 2,200 non-management employees
- ES Bancshares: $500 bonuses to non-executive full-time employees, $250 bonuses to part-time employees, creating 10 new jobs
- Express Employment Professionals: $2k bonuses for ~200 non-executive employees
- Fiat Chrysler (FCAU): $2k bonuses for 60,000 employees, creating 2,500 new jobs
- Fifth Third Bancorp (FITB): $1k bonuses for 13,500 employees, base wage rises to $15
- FireBird Bronze: Offering health insurance to its nine employees for first time, upgrading equipment, hiring
- First Bank and Trust Company: Base wage raised to $15
- FirstCapital Bank of Texas: $500 bonuses for 197 employees
- First Farmers Bank and Trust: $750 bonuses for full-time employees
- First Financial Bancorp: Base wage raised to $15
- First Financial Northwest: $1k bonuses to all 138 non-executive employees
- First Hawaiian Bank: $1,500 bonuses for 2,264 employees, base wage increases to $15
- First Horizon National Corp.: $1k bonuses for 4,000 employees
- First Merchants Corporation: $1 wage increase for hourly employees, $500 bonuses for full-time employees excluding senior management
- First Midwest Bancorp: Base wage increase to $15, $1,035 bonuses for 85% of employees
- First National Bank: $1k bonuses for its 44 employees
- Fishbeck, Thompson, Carr & Huber engineering: $1,500 bonuses to all 400 employees
- Flemington Car & Truck: $500 employee bonuses
- Flushing Financial Corporation (FFIC): $1k bonuses for full-time employees, $500 bonuses for part-time employees
- FNB Corporation (FNB): Extra 401(k) contributions totaling $1M, base wage raised to $15
- Fort Ranch: Employee bonuses
- Fulton Financial Corporation (FULT): Base wage raised to $12, bonuses in form of additional week of pay for 2,775 employees
- Gardner Company: Employee bonuses
- Gate City Bank: $1k bonuses for 538 non-management personnel
- Great Southern Bancorp (GSBC): 1,200 employees receive bonus (full-time get $1k, part-time get $500)
- Great Western Bancorp (GWB): Base wage raised to $15, $500/wage increase for 70% of workforce
- Group 1 Automotive (GPI): $500 cash bonuses for non-management dealership employees
- Gulf Coast Bank & Trust: Increase base wage to $12
- HarborOne Bank: $500 bonuses for 600 employees, base wage raised to $15
- Hartford Financial Services Group: $1k bonuses for 9,500 employees
- Hawaii National Bank: $1k bonuses
- Heartland Bank: $1k bonuses for full-time non-executive employees, $500 bonuses to part-time employees
- Home Bancshares (HOMB): $500 bonuses for 850 employees
- HomeStreet (HMST): Base wage increased to $15
- Humana (HUM): Base wage increased to $15
- IAT Insurance Group: $3k bonuses for 685 non-executive employees
- INB Bank: $500 bonuses to 200 employees (excludes senior management), base wage raised to $15
- JetBlue (JBLU): $1k bonuses for all 21,000 employees
- Jordan Winery: $1k bonuses for each of its 85 employees
- JPMorgan (JPM): 22,000 employees will get base wage raised from $12-$16.50 up to $15-$18, opening up 400 new branches, hiring 4,000 new employees
- Kalb Industries of Nevada: Pay raises for employees who have been with the company for 3+ months
- Kansas City Southern: $1k bonuses to eligible employees
- Kauai Cattle: Employee bonuses
- Kish Bancorp: $1k bonuses for full-time employees, $500 bonuses for part-time employees
- Lawrence Paper Company: $500 bonuses for all 300 employees
- M&T Bank Corporation (MTB): Base wage raised to $14/$16 (based on location), employees receive 40 hours of paid time annually for volunteer activities
- MainSource Financial Group (MSFG): Base wage raised to $15
- MB Financial: Base wage raised to $15
- Melaleuca: $100 bonuses for each year worked for 2,000 employees
- Meridian Bancorp (EBSB): Base wage raised to $15, additional 20% added to exiting bonuses, six new branch locations
- Mid-AM Metal Forming: Bonuses for all 140 employees
- MusicNotes: 3% salary increase for all 55 employees
- National Bank Holdings Corporation: $1k bonuses for employees earning <$50k
- Nationwide: $1k bonuses for 29,000 employees, increased 401(k) matching contributions
- Navient: $1k bonuses for ~6,566 employees (98% of total)
- Nelnet: $1k bonuses for 4,100 employees
- Nephron Pharmaceuticals: 5% raise for its 640 employees
- NexTier Bank: $1k bonuses for all employees, tuition reimbursement on job training
- Nexus Services: 5% raise for all employees, hiring 200 more workers in 2018
- Northpoint Apartments: Employee bonuses
- OceanFirst Financial (OCFC): Increase base wage to $15
- Ohnward Bancshares: $1k bonuses for all 260 employees
- Old Dominion Freight Line: $500 bonuses for all 22,000 employees
- Peoples Bank (Washington): Base wage raised to $15, 401(k) match increased one point to 8%
- Peoples Bank (Arkansas): $500 bonuses
- Pinnacle Bank: $1k bonuses for 1,007 employees
- Pioneer Credit Recovery: $1k bonuses for 800 employees
- PNC Financial Services Group: $1k bonuses for 47,500 employees base wage hike to $15
- Regions Financial Corporation: Increase base wage to $15
- RGF Environmental Group: $1k bonuses
- Royal Hawaiian Heritage Jewelry: Open more stores, hire more employees
- Rush Enterprises: $1k bonuses for all 6,600 employees
- Russell Lands: $500 bonuses for ~400 full-time non-management staff
- Sheffer Corporation: $1k bonuses for all 126 employees
- Sinclair Broadcast Group: $1k bonuses for 9,000 employees
- South Point Hotel, Casino & Spa: Doubling bonuses for 2,300 employees ($500-$2300 range)
- Southwest Airlines (LUV): $1k bonuses for 55,000 employees
- Spellex Corporation: $1k bonuses for all 26 full-time employees
- Stifel Financial (SF): $1,500 bonuses for 7,000 employees
- Summit State Bank: $2k bonuses for 78 non-executive employees
- SunTrust Banks (STI): $1k incentive for employees that complete company’s financial fitness program, base wage raise to $15
- Synovus Financial Corporation: $1k bonuses to all non-executive employees
- TCF Financial: $1k bonuses for full-time employees; $500 bonuses for part-time employees
- The Flood Insurance Agency: $1k bonuses for 17 full-time employees
- Thermo Fisher Scientific (TMO): $500 bonuses
- The Travelers Companies (TRV): $1k bonuses for 14,000 employees, base wage raised to $15
- Territorial Savings Bank: $1k bonuses for 247 employees, base wage hike to $15
- Texas Capital Bank: $1k bonuses for 900 employees
- Total System Services: $1k bonuses for 11,500 employees
- Turning Point Brands: $1k bonuses for 107 employees
- United Bank & Trust: Salaries & hourly employees receive raise of $100/month
- Unity Bank: $750 bonuses for all employees except executive management
- US Bancorp: $1k bonuses for 60,000 employees
- Verizon: non-executive employees receive 50 shares of restricted stock
- Visa: increased contributions to employee 401(k) accounts
- Walmart: Increase starting wage to $11; expand maternity and paternal leave benefits; one-time cash bonus for eligible associates of up to $1k
- Washington Federal: Provide 5% increase in addition to normal merit increase for employees earning <$100k; invest in employee training programs
- Washington Trust Bancorp: $1k bonuses for full-time employees, $500 for part-time employees
- Waste Management: $2k bonuses to 34,000 eligible employees
- Webster Financial Corporation: Base wage raised to $15, $1k bonuses to full-time employees below VP level
- Wells Fargo (WFC): Increase base wage from $13.50 to $15
- Western & Southern Financial Group: $2k bonuses for full-time employees, $1k bonuses for part-time employees
- Western Alliance Bancorporation: Increase wages 7.5% for the lowest-paid 50% of employees
- White Pine Winery: Planting more vines
- Windsor Federal: $250 bonuses for employees except senior management
- YAM Worldwide: $2k bonuses for 595 employees who have been with the company for 6+ months, $1k bonuses for 131 employees who have been with company for <6 months
- Yancey Bros.: $500 bonuses for all 1,200 employees
- Zions Bancorp (ZION): $1k bonuses for 80% of employees