Hey @BoulderFish - here's another one for you. This is a small company. You may have heard of them - walmart. $400,000,000.00 back to their employees. I posted back in late November that a poll was released saying that a large number of companies were going to give out raises and/or bonuses to their employees as a result of this tax plan. And you did your typical "I'm smarter than you" dismissal. And you've seen time and time again how this is turning out to be true and you stay silent.
@TDeebel - you said this tax plan was only going to benefit the top 1%. Want to revise your statement?
@4rosco - you asked if the raises would be for all staff or just senior management. I think your question has been answered, no?
@Nittany.Lion - You are another demon who dismissed. And you are just like foollestfish - silent.
https://bwi.forums.rivals.com/threa...big-corps-and-evil-1-ers.193831/#post-3155450
Walmart (WMT)'s employees will soon reap the benefits of the recent tax law changes, as the company raises its starting wage, creates new benefits and distributes bonuses to eligible workers. The big-box retailer announced Thursday it will be increasing its starting wage rate for hourly employees in the U.S. to $11, and is expanding maternity and parental leave benefits. Currently, Walmart's starting wage is $9 until workers complete a training program . Then, they receive $10. Walmart will also be paying a one-time cash bonus to eligible employees of as much as $1,000. The payouts, which should total roughly $400 million, will result in a one-time charge that the company will take in the fourth quarter of this year.
The bonuses will be determined by an employee's length of service at the company. Those workers with more than 20 years of experience will qualify to receive the full $1,000. However, workers with two to four years of experience However, workers with two to four years of experience will receive $250, a Walmart spokesman told CNBC. Employees with 15 to 19 years of service at Walmart will receive $750, while those with 10 to 14 years of work there will receive a $400 bonus, and five to nine years of experience merits a $300 bonus, he said. The company is also creating a new benefit that provides financial assistance to its employees who are looking to adopt a child, giving them as much as $5,000 per child to cover expenses such as adoption agency fees, translation fees and legal costs. "Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.," CEO Doug McMillon said in a statement. "We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders," he added.
@TDeebel - you said this tax plan was only going to benefit the top 1%. Want to revise your statement?
@4rosco - you asked if the raises would be for all staff or just senior management. I think your question has been answered, no?
@Nittany.Lion - You are another demon who dismissed. And you are just like foollestfish - silent.
https://bwi.forums.rivals.com/threa...big-corps-and-evil-1-ers.193831/#post-3155450
Walmart (WMT)'s employees will soon reap the benefits of the recent tax law changes, as the company raises its starting wage, creates new benefits and distributes bonuses to eligible workers. The big-box retailer announced Thursday it will be increasing its starting wage rate for hourly employees in the U.S. to $11, and is expanding maternity and parental leave benefits. Currently, Walmart's starting wage is $9 until workers complete a training program . Then, they receive $10. Walmart will also be paying a one-time cash bonus to eligible employees of as much as $1,000. The payouts, which should total roughly $400 million, will result in a one-time charge that the company will take in the fourth quarter of this year.
The bonuses will be determined by an employee's length of service at the company. Those workers with more than 20 years of experience will qualify to receive the full $1,000. However, workers with two to four years of experience However, workers with two to four years of experience will receive $250, a Walmart spokesman told CNBC. Employees with 15 to 19 years of service at Walmart will receive $750, while those with 10 to 14 years of work there will receive a $400 bonus, and five to nine years of experience merits a $300 bonus, he said. The company is also creating a new benefit that provides financial assistance to its employees who are looking to adopt a child, giving them as much as $5,000 per child to cover expenses such as adoption agency fees, translation fees and legal costs. "Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.," CEO Doug McMillon said in a statement. "We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders," he added.
