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Message: <blockquote data-quote="fedx" data-source="post: 3269764" data-attributes="member: 64891">Here’s the growing BIG LIST of companies reacting to the tax cuts with bonuses, more pay and expansion leading directly to new jobs:<ul> <li data-xf-list-type="ul">U.S. Bank of America employees making up to $150,000 per year in total compensation – about 145,000 teammates – will receive a one-time bonus of $1,000 by year-end.</li> </ul> <ul> <li data-xf-list-type="ul">PNC Financial Services will give $1,000 bonus to about 47,500 workers.</li> </ul> <ul> <li data-xf-list-type="ul">New Braunfels-based Rush Enterprises of Texas is giving each of its 6,600 employees a $1,000 bonus – a total of $6.6 million. Chief Financial Officer Steven Keller said: “You’ve got a choice – we could’ve kept it and stuffed it in the company bank account or coffers, or we can share it with the people.”</li> </ul> <ul> <li data-xf-list-type="ul">Associated Bank in Wisconsin boosted its minimum hourly wage to $15 and paying workers a $500 bonus.</li> </ul> <ul> <li data-xf-list-type="ul">Idaho health-care and home-products company Melaleuca Inc. is providing its 2,000 employees $100 bonuses for every year they worked for the company. The company has 147 employees who have worked for the company for 20 years or more.</li> </ul> <ul> <li data-xf-list-type="ul">In Hawaii, Royal Hawaiian Heritage Jewelry plans to open up three more shops – in Honolulu, in Kauai and Maui in addition to its existing three shops.</li> </ul> <ul> <li data-xf-list-type="ul">Washington Federal in Seattle will increase wages for most of its workers by 5 percent and is adding 25 people to its information-technology staff.</li> </ul> <ul> <li data-xf-list-type="ul">Aquesta Financial Holdings in Cornelius, N.C., will raise hourly pay to $15 and will be giving $1,000 bonuses to all of it workers.</li> </ul> <ul> <li data-xf-list-type="ul">Canary LLC announced it will hire new employees and purchase more equipment.</li> </ul> <ul> <li data-xf-list-type="ul">First Hawaiian Bank said it will give out $1,500 cash bonuses to 2,264 employees, or all but 11 members of its senior management team. The state’s largest bank also will increase its minimum wage to $15 an hour from $12.75 an hour for 613 employees.</li> </ul> <ul> <li data-xf-list-type="ul">Bank of Hawaii, the state’s second-largest bank, said it will give out $1,000 cash bonuses to 2,074 employees, or 95 percent of its workforce. The bonuses affect all employees below the senior vice president level. The bank also will increase its minimum wage to $15 an hour from $12 an hour.</li> </ul> <ul> <li data-xf-list-type="ul">American Savings Bank, the third-largest bank in Hawaii, said it will award $1,000 bonuses to nearly all of its employees. In addition, the bank said it was increasing its starting wage to $15.25 an hour from $12.21 an hour.</li> </ul> <ul> <li data-xf-list-type="ul">AT&T expanding its bonus program to an additional 200,000 staffers getting $1,000 apiece.</li> </ul> <ul> <li data-xf-list-type="ul">Boeing gift of $300 million in investment in its employee-related charitable program “to support our heroes, our homes and our future.”</li> </ul> <ul> <li data-xf-list-type="ul">Wells Fargo raises minimum wage to $15.</li> </ul> <ul> <li data-xf-list-type="ul">Fifth Third raises minimum wage to $15 and offering bonuses of $1,000 to 13,000 employees.</li> </ul> <ul> <li data-xf-list-type="ul">Comcast NBC Universal anted up $1,000 bonuses to more than 100,000 non-executive employees.</li> </ul>AND NOW.............................FEDEX EXPRESS has announced what their "valued employees" will get with the new tax cut benefit:APNewsFedEx, the $60 billion dollar annual revenue global shipping behemoth has announced that hourly employees will receive no bonus, nor any pay raise as a result of the billions of dollars FDX will be saving from the tax cut bill passed into law this week.  CEO Fred S announced, "I would like to personally thank our dedicated associates for their tireless efforts to make FedEx successful.  In order to remain successful, associates will not receive any bonus or additional raises.  The company comes before their own well being.  Thank you in advance for your understanding."  In addition Mr. Smith stated the tax cut will be helping associates in the following manner, "We have some great news for associates.  Instead of receiving a raise, we have even more exciting news.  FedEx will be buying some new aircraft in place of giving bonuses or raises.  This will benefit associates even more than money in their pocket.  You're welcome."  Mr. Smith did indicate that due to the new tax cut in place, FedEx's recently created "Ten Step Pay Progression" will now be faster to reach top out pay.  Mr. Smith added, "We originally geared the '10 step plan' to still take 20 years to reach top out.  You know, smoke and mirrors, but now due to the recent tax cut passed by congress, it will now only take 19 years to reach top out pay instead of 20.  This is very exciting news for our associates!"  Mr. Smith added that a new $120 coffee machine will be purchased for the Memphis hub cafeteria as a direct result of the tax cut bill.</blockquote>

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