Subscribe to our mailing list

As corporations give bonuses, prospect of pay beneficial properties nonetheless hazy

WASHINGTON — American Airways is handing out $1,000 bonuses to its workers. So are AT&T, Financial institution of America and Nationwide Insurance coverage. The identical for Comcast, JetBlue Airways and US Bancorp.

Such bulletins, coming from dozens of corporations, have adopted the passage of the Republican tax plan that President Trump signed into regulation final month. The plan slashed the company tax charge from 35 to 21 %. The businesses say the bonuses they’ve introduced are a solution to share a few of their bounty with their employees.

The bonuses are one-time payouts, not the everlasting pay raises that Trump and congressional Republicans have stated will finally outcome from the company tax cuts.

Powered by WPeMatico

Author: Techno Info

VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)

Author Spotlight