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.
- 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.
- 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.
- 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.
- 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.
- Kansas City Southern (NYSE: KSU) will give non-executive employees a $1,000 cash bonus.
- 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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