Reply to Master thread: companies giving bonuses/raising minimum wage/investing in workers

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[quote=Anonymous][quote=Anonymous]I'm not sure we need a new thread every time a company announces they'll be giving bonuses, investing in their workers, raising minimum wage, etc. due to the tax reforms. That'd clog the forum up  :mrgreen: (as it kind of has!)

So, I thought it might be helpful to compile a master list of companies that are making investments in their workforce. Feel free to add to this thread when more announce.

$1000 bonuses [b]AFTER TWENTY YEARS OF CONTINUOUS WORK FOR MOST OF THESE CORPORATIONS - FIXED THAT FOR YOU[/b]
AT&T - ?? workers
Alaska Airlines - ?? workers
American Airlines - ?? workers
Bank of America - ?? workers
BB&T - ?? workers
Citizens Financial Group - ?? workers
Comcast - ?? workers
Fiat Chrysler - $2000 bonuses to ?? workers
Fifth Third Bank - ?? workers
Home Depot - every hourly employee - THE MINIMUM IS $200, ONLY WORKERS WITH MAX NUMBER OF YEARS RECEIVE $2000
JetBlue - ?? workers
Nationwide - ?? workers
PNC Financial - ?? workers
Sinclair Broadcast - ?? workers
Southwest Airlines - ?? workers
Travelers - ?? workers
U.S. Bancorp - ?? workers
Walmart - OP, DID YOU NOT INCLUDE THE NUMBER HERE BECAUSE WAL MART LAID OFF 10, 000 EMPLOYEES AFTER CLOSING 63 STORES - THE LAYOFFS PAID FOR THE BONUS AND THE TAX CUT WENT TO THE WALTONS

Companies raising minimum wage - 
BB&T - $15/hour
Fifth Third Bank - $15/hour
PNC - $15/hour
Capital One - $15/hour
Comerica Bank - $15/hour
Discover Financial Services - $15.25/hour
Dyer Capital Management - $22/hour
First Bank and Trust Company - $15/hour
First Southwest Bank - $14/hour, includes benefits

Miscellaneous/combination - 
Aflac - increase 401(k) match from 50% to 100% on the first 4% of compensation plus one-time $500 contribution to every employee’s 401(k); $250 million increase in overall U.S. investment.
Aquesta Financial Holdings (Cornelius, North Carolina) -- $1,000 bonuses to 95 employees; base wage hike to $15 per hour
Associated Bank (Green Bay, Wisconsin) – $500 employee bonuses (exact number receiving bonus unknown at this time); base wage will rise from $10 to $15 per hour
AutoNation – doubling of 401(k) match; launch of cancer benefit program
Bank of Hawaii (Honolulu, Hawaii) – $1,000 bonuses to 2,074 employees; base wage increase from $12 to $15
Berkshire Hills Bancorp Inc. (Pittsfield, Massachusetts) – base wage increased to $15 per hour; $1,000 bonuses to over 1,000 employees; investments in employee development and training; $2 million in additional charitable giving:
Central Pacific Bank (Honolulu, Hawaii) – all 850 employees will receive $1,000 bonuses; base wage will rise from $12 to $15.25
First Merchants Corporation (Muncie, Indiana) – $1 per hour wage increase for hourly employees; $500 bonuses for full-time employees, excluding senior management; pro-rated bonus for part-time employees
First Midwest Bancorp, Inc. (Itasca, Illinois) – Base wage raised to $15 per hour; $1,035 bonuses for 85% of employees; $2 million in additional charitable contributions
F.N.B. Corporation (Pittsburgh, Pennsylvania) – extra 401(k) contributions to employees totaling $1 million; base wage raised to $15 per hour; increased charitable donations
Fulton Financial Corporation (Lancaster, Pennsylvania) – base wage raised to $12 per hour; bonuses in the form of an additional week of pay for 75% of the 3,700 employees; $2 million in increased charitable donations:
Great Western Bancorp, Inc. – base wage raised to $15; $500 or wage increase for 70% of workforce; doubling of grants to community investment program
Humana – base wage increased to $15 per hour; acceleration of annual performance-based incentive program; additional community investments; accelerated investment in technological and operational processes; earnings benefits for shareholders; more to be announced:
JPMorgan Chase & Co. -- Base wage raised for 22,000 employees, to a range of $15 to $18 per hour; 4,000 new jobs added; 400 new branches; increased charitable donations; increased small business lending
M&T Bank Corporation (Buffalo, New York) – Base wage raised to $14 to $16 per hour based on location, a $25 million investment; employees receive 40 hours of paid time annually for volunteer/charitable/employee resource group activities[/quote][/quote]

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