The list of companies who are passing along some of their savings from the tax reform plan is growing.
Here is a list of some of
the more notable companies who are rewarding their employees with a bonus or increase in wage.
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AT&T Inc. (NYSE: T) plans on giving a $1,000 cash
bonus to more than 200,000 employees and increase its capital expenditures by $1 billion.
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Boeing Co (NYSE: BA) announced $100 million in new
corporate philanthropy, $100 million for workforce development, and $100 million toward workplace enhancements.
-
Comcast Corporation (NASDAQ: CMCSA) will give
non-executive and frontline employees a $1,000 cash bonus and plans to spend more than $50 billion over the next five years in
new infrastructure projects.
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FedEx Corporation (NYSE: FDX) said it will
likely boost its capital expenditures and higher new employees to accommodate a jump in volumes from higher economic
growth.
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Fifth Third Bancorp (NASDAQ: FITB) will increase
its minimum hourly wage for every employee to $15 and give a $1,000 cash bonus to more than 13,500 workers.
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Kansas City Southern (NYSE: KSU) will give
non-executive employees a $1,000 cash bonus.
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Rush Enterprises, Inc. (NASDAQ: RUSHA) will give
approximately 6,600 employees a $1,000 cash bonus.
-
Wells Fargo & Co (NYSE: WFC) also increased its
minimum hourly wage for every employee to $15.
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