Arizona
Data Sales Co., Inc.
The company will celebrate the recent passage of tax reform legislation by distributing a special bonus of $1,000 to all 80 plus employees.
Sutter Masonry, INC.
Employees will receive a bonus thanks to the tax bill.
Tucson Electric Power Company
The company announced that customers will see a reduction in their monthly utility bill thanks to the tax bill.
Arizona Public Service
Arizona Public Service Co. customers will see an average $5.40 drop in their monthly bills thanks to the recent tax bill.
Wyoming
Taco John’s
All full-time and part-time crew members received a $200 after-tax bonus, franchisee support center employees received $1,000 bonuses, and increased charitable donations.
Jonah Bank of Wyoming
Announced $1,000 bonus and increased charitable contributions to the Casper and Cheyenne communities.
Wisconsin
MusicNotes
Company announced salary increases for all employees.
Koehler Flooring, Inc.
All employees will receive $1,000 bonuses.
Americollect
250 employees will receive $300 – $500 bonuses.
American Family Insurance
Announced that 11,000 workers would receive a $1,000 bonus.
Madison Gas & Electric
Utility company will pass along tax cut savings to customers.
Associated Bank
Employees will receive $500 bonuses and a base wage increase from $10 to $15 per hour.
Blue Harbor Resort
Announced $1,000 bonuses for all employees.
Copperleaf Assisted Living
175 employees will receive $200 – $600 bonuses.
CUNA Mutual Group
Increase of charitable contributions to $20 million.
Johnson Bank
Company wide base wage increase to $15 per hour.
North Shore Bank
Employees will receive $500 bonuses.
Plexus Corp.
Non-executive employees will receive cash bonuses.
Robert W. Baird & Company
Employees will receive cash bonuses of up to $1,500, and charitable contributions will increase.
West Virginia
Eagle Manufacturing
Company will create new jobs and purchase new equipment.
Doss Enterprises
Announced that the company will be hiring new employees and purchasing new equipment.
Davis Trust Company
Employees will see a 3% across the board pay increase.
Appalachian Power Co.
Utility company will pass along tax cut savings to customers.
Citizens Bank of West Virginia
All 66 employees will receive a $1,000 bonus.
Washington
Alaska Air Group
Company announced $1,000 bonuses for 23,000 employees.
APPS Portamedic
All employees will receive cash bonus.
Avista Corporation
Utility company will pass along tax cut savings to customers.
First Financial Northwest, Inc.
38 non-executive employees will receive $1,000 bonuses.
HomeStreet, Inc.
Company will increase base wage to $15 per hour.
Puget Sound Energy Inc.
Utility company will pass along tax cut savings to customers.
Inland Northwest Bank
Company will increase base wage to $15 per hour, and award $500 bonuses to employees excluding Senior Management Team.
Peoples Bank
Company will increase base wage to $15 per hour, and 401(k) will match increase one point to 8%.
Starbucks Coffee Company
Starbucks announced $500 stock grants for all Starbucks retail employees, $2,000 stock grants for store managers, 8,000 new retail jobs, 500 new manufacturing jobs, $120 million in wage increases, increased sick time benefits and parental leave.
Washington Federal
All Washington Federal employees in good standing and earning less than $100,000 per year will receive a 5% increase on top of their normal merit increase.
Sound Financial Bancorp Inc.
Announced that the company would be increasing employee incentive compensation, expanding charitable giving, and implementing a down payment assistance program for first time homebuyers.
Virginia
Altria Group Inc.
7,900 non-executive employees will receive $3,000 bonuses.
Capitol One
Company will increase base wage to $15 a hour.
CarMax Inc.
Employees will receive bonuses depending on lengh of service to company.
Dollar Tree, Inc.
Dollar Tree announced $100 million investment in raising base wages, enhanced benefits including maternity leave for qualifying employees, and employee training.
First Sentinel Bank
All employees will receive a $750 cash tax reform bonus.
Huntington Ingalls Industries
Company announced $500 bonuses, $300 million in increased capital expenditures, increased pension contributions, and increased charitable contributions.
Information First, Inc.
All employees will receive a $500 cash bonus.
Nexus Services, INC.
5% pay increase for all employees.
Payne Trucking
Company announced $250 bonus for exployees of at least 6 months, $500 for employees of at least a year, and $750 for employees of at least five years.
RDR, Inc.
Employees will receive bonuses of up to $1,000.
Stafford Bounce n Play, LLC
Company announced $1,000 mid-year bonuses for all employees.
Valley Bank
Employees who work more than thirty hours a week will receive a $1,100 bonus.
Vermont
Green Mountain Power
Utility company will pass along tax cut savings to customers.
Vermont Gas Systems, Inc.
Utility company will pass along tax cut savings to customers.
UTAH
Dominion Energy, Utah
The utility will lower rates for customers because of tax reform
Fort Ranch
All employees will receive tax reform bonuses.
Larry H. Miller Group of Companies
Over 10,000 employees will receive $1,000 bonuses.
SkyWest Airlines
Company announced increased employee bonus and incentive program, increased 401(k) contributions, increased capital expenditures, and increased charitable donations.
Zions Bancorporation
Company announced pay raises for more than 40% of employees, $1,000 bonuses for nearly 80% of employees, and increased charitable contributions
Texas
Amarillo National Bank
Employees will receive $1,000 salary increases.
American Airlines
Announced $1,000 bonuses for every employee (excluding officers). The bonuses will total $130 million. AA had 127,600 employees as of Sept. 2017.
AT&T
200,000 employees will receive $1,000 bonuses, and capital expenditures will increase.
Cabot Oil & Gas Corporation
Company announced $1,600 bonuses for employees.
Cadence Bancorporation
Base wage increased to $15 per hour, increased company 401(k) contributions, new employee stock purchase plan, merit pool increase, and enhanced employee benefits.
Camp Construction Services
This Houston-based full-service general contractor awarded its employees $500 tax reform bonuses in December 2017.
Ennis, Inc.
Company will provide $500 bonuses to 2,200 non-management employees.
FirstCapital Bank of Texas
197 employees will receive $500 bonuses.
Group 1 Automotive
$500 cash bonuses for non-management dealership employees and operational support staff in the United States.
Groomer’s Seafood
Company announced expansion of distribution facilities.
Happy State Bank
Happy State Bank announced a base wage increase, salary increase, employee bonuses, and increased retirement contributions.
Insperity
Tax reform bonuses totaling $17 million. $1,000 – $4,000 bonuses for each employee, based on length of service.
Leak Sealers
Cash bonuses to all employees.
Nexstar Media Group, Inc.
Bonuses of $500 for full-time employees, $250 for part-time employees, and increased 401(k) contributions.
Oncor Electric Delivery
The utility will lower rates for customers because of tax reform.
Quadvest
The utility will lower rates for customers because of tax reform.
Rio Bank
Announced $1,000 bonuses for employees.
Rush Enterprises
6,600 employees will receive $1,000 bonuses.
Southwest Airlines
Company announced $1,000 bonuses for all 55,000 employees, and $5 million additional charitable donations.
Texas Capital Bank
$1,000 bonuses for all employees.
Waste Management, INC.
$2,000 bonuses to approximately 34,000 employees.
Tennessee
Acadia Healthcare
Creating new jobs, opening new facilities, and expanding existing facilities.
Advance Financial
Company will increase in 401(k) match, increase in profit sharing, and increase in charitable donations.
Dollywood
$500 bonuses to employees.
FedEx
Company announced $3.2 billion in wage increases, bonuses, and pension funding. Additionally, pay raises, bonus increases, pension plan increases, and at least $1.5 billion in capital expenditures.
First Horizon National Corp.
$1,000 bonuses to 4,000 employees.
McKee Foods
Up to $1,000 bonuses for all employees.
Ozark Motor Lines
Announced new driver per diem program.
Spectrum Adhesives, INC.
Company will provide $500 bonuses to employees.
Unum
Base wage increase to $15 per hour, creation of paid parental leave, and additional $1 million in charitable contributions.
South Dakota
AaLadin Industries, Inc.
Announced bonuses of $250 – $1,000 based on length of service, base wage raised, and increased capital expenditures.
Black Hills Energy
The utility will pass along tax savings to customers.
Great Western Bancorp, Inc.
Announced base wage increased to $15, $500 or wage increase for 70% of workforce, and doubling of grants to community investment program.
South Carolina
Blackbaud
$2,000 in stock bonuses for employees.
Dempsey Wood Products
Announced the creation of new jobs, purchase of new equipment, and expansion of business.
Nephron Pharmaceuticals Corporation
Company announced 5% pay increase for employees.
Solara Hospitality
Employees will receive cash bonuses up to $500.
South State Bank
2,800 employees received bonuses, $1,000 bonuses for full-time employees, and $500 for part-time employees.
Rhode Island
Citizens Financial Group
Company announced $1,000 bonuses for 12,500 employees and $10 million for charitable donations.
CVS Health
Announced base wage increase to $11 per hour, and other pay ranges adjusted accordingly. Company will absorb increases costs of health insurance premiums, and creation of new parental leave program.
National Grid Rhode Island
The utility plans to pass along tax savings to customers.
Washington Trust Bancorp, Inc.
$1,000 bonuses for full-time employees and $500 for part-time employees, and salary increase for employees below a certain compensation level.
Pennsylvania
1st Summit Bank
$1,000 bonuses to full-time employees, salary raises, and increased charitable donations.
AccuWeather
Company announced year-end bonuses to all employees.
Almo Corporation
$1,000 incremental bonus, capital improvement, and purchasing a new operating system.
American Bank
$1,000 bonuses for 60 employees.
Beneficial Bancorp, Inc.
Base wage increased to $14 per hour, $1,000 bonuses for all AVP Level employees and below, and 4.5% employer contribution to 401(k) plans.
Carpenter Technology
$100 million investment in new technology and a new facility accelerated because of tax reform.
Citizens’ Electric Company of Lewisburg
The utility will pass along tax reform savings to customers.
Comcast
$1,000 bonuses to 100,000 employees, and at least $50 billion investment in infrastructure in next five years.
Customers Bank
Increased charitable contributions to $1 million.
Erie Insurance
$1,000 bonuses and $1,000 contribution to employees’ 401(k) accounts.
Fidelity Bank
$1,000 bonuses for all full-time employees making less than $100,000 and $500,000 in charitable donations.
First Commonwealth Bank
Employees will receive $1,500 tax reform bonuses.
F.N.B. Corporation
Company announced extra 401(K) contributions to employees totaling $1 million, base wage increased to $15 per hour, and increases charitable donations.
Fulton Financial Corporation
Announced base wage increased to $12 per hour, bonuses in the form of an additional week of pay for 75% of the 3,700 employees, and $2 million in increased charitable donations.
Glass & Sons Collision Center
$1,000 tax reform bonuses to employees.
Hudson Facades
$3,000 in every factory worker’s 401(k) and increase base wage pay.
ISI Financial Group
$2,000 bonuses for all employees.
Kish Bancorp, Inc.
Base wage increased, $1,000 bonuses for full-time employees, $500 bonuses for part-time employees, $10 million in capital expenditures over the next three years, and increased charitable giving by a minimum of $50,000.
Kraft Heinz Company
$1.3 billion pre-funding of post-retirement benefit plans, $800 million in capital expenditures, and $300 million in strategic investments.
NexTier Bank
$1,000 bonuses for all employees, tuition reimbursement on job training, and wage raises for hourly employees.
PNC Financial Services Group, Inc
$1,000 bonuses to 47,500 employees, an additional $1,500 in employee pension accounts, base wage hike to $15, and $200 million charitable contribution.
Sewickley Spa
Company announced pay raises and increased capital expenditures.
Sundance Vacations
$125,000 in employee tax reform bonuses.
Tri-State Trailer Sales, Inc.
Increased 401(k) match for employees, to 100% on the first 4% of compensation.
Oregon
FireBird Bronze
Thanks to tax reform this full-service foundry with nine employees is able to offer health insurance for the first time. They are also upgrading equipment and hiring, and building a new facility in Troutdale, Oregon with plans to be up and running by the Spring.
Miles Fiberglass
Hiring more employees, increasing wages, implementing profit- sharing bonuses for existing employees.
Pacific Power
The utility will pass along tax savings to customers.
Rocky Mountain Power
The utility company will pass along tax savings to customers.
Umpqua Holdings Corporation
Base wage raised to $15.25 per hour; $1,000 bonuses for over 15,000 non-executive employees.
Oklahoma
Elmer Smith Oil Company, Domino Transports, Inc. and Domino Food & Fuel, Inc.
Company announced tax reform bonuses for more than 300 employees.
Express Employment Professionals
$2,000 bonuses to more than 200 non- executive employees.
Quail Creek Bank
Employee bonuses of $2,000 or $1,000 and increased 401(k) contributions.
Webco Industries Inc.
Company announced up to $2,000 bonuses.
Ohio
Ariel Corporation
Announced increase wages, expand business, and increase employee benefits.
Bruns General Contracting
Company announced investment in equipment, and enhanced retirement benefits.
Cintas Corporation
Bonuses for 38,000 employees, $1,000 for employees of at least a year, $500 for employees of less than a year.
Coach, Truck & Tractor, LLC
Higher Christmas bonuses thanks to tax reform for this family business with seven employees. Bonus amounts determined by length of service.
Duke Energy Kentucky, Inc.
The utility will pass along tax reform savings to customers.
e-Cycle
$1,000 bonuses for all 55 employees.
Fifth Third Bank
$1,000 bonuses for 13,500 employees, and base wage raised to $15 per hour.
First Communications, LLC
$1,000 bonuses and a $3 million capital investment.
The Kroger Co.
Announced increased 401(k) contributions, higher wages, enhanced educational opportunities, increased employee support programs, larger employee discounts, and technology initiatives.
Tri-State Trailer Sales, Inc.
Increased 401(k) match for employees, to 100% on the first 4% of compensation.
Tremco Inc.
Announced plans to hire new employees, increase employee retirement contributions, upgrade equipment, and reinvest in employees.
Velvet Ice Cream Company
Base wages raised, facility improvements, and new management system announced.
Western & Southern Financial Group
$2,000 bonuses for full time employees, and $1,000 for part time employees.
Worldpay INC.
Up to $2000 bonuses, increasing some hourly wages, increasing 401(k) match, increasing charitable contributions, investing in wellness and recognition programs.
North Dakota
Gate City Bank
$1,000 hand-delivered bonus checks to 538 non-management personal, $500,000 higher charitable giving, and $500,000 worth of free home appraisals.
Montana-Dakota Utilities Co.
The utility will pass along tax reform savings to customers.
Scheels All Sports
$1,000 and $500 bonuses for employees, investment in new stores, and increased charitable donations.
North Carolina
Ally Financial Inc.
Announced $1,000 bonuses for employees.
Aquesta Financial Holdings
$1,000 bonuses to 95 employees, and base wage hike to $15 per hour.
Atlantic Packaging
$1,000 bonuses for 1,000 employees.
Bank of America
$1,000 bonuses for all full-time employees.
BB&T
$1,200 bonuses for 27,000 employees, base wage will rise from $12 to $15 per hour, and $100 million in charitable donations.
Benchmark Auto Sales
Thanks to tax reform, 100 percent of the staff now has employer-provided health insurance.
Blue Cross and Blue Shield of North Carolina
$1,000 bonuses to approximately 4,700 employees, and $40 million in charitable contributions.
Charlotte Pipe and Foundry Company
$1,000 bonuses for all 1,400 employees.
Duke Energy Carolinas and Duke Energy Progress
The utility company will pass along tax savings to customers.
Ghostface Brewing
Announced plans to hire new employees, purchase more equipment, and increase distribution.
IAT Insurance Group
$3,000 bonuses for 685 non-executive employees.
Lowes
Company announced bonuses of up to $1,000 based on length of service for 260,000 employees, expanded benefits and maternity/parental leave, and $5,000 of adoption assistance.
Old Dominion Freight Line INC.
$500 bonuses for 22,000 employees.
Reynolds American, INC.
Announced $1,000 bonuses for all full-time employees.
Southern Grace Distilleries
Hiring new employees, expanding visitor center, and investing in business expansion.
The Hammock Source
All 150 employees received a tax reform bonus of up to $1,000 depending on length of service.
Tis The Season
$1,000 bonuses for full-time employees.
New York
American Express
Announced it would spend $200 million in additional investments for customer-facing growth initiatives and increase contributions to employee profit-sharing plans.
Atlas Air
Announced a special one-time $1,000 bonus payment to all full-time flight and ground staff employees below the officer level.
Bank of New York Mellon, Corp.
Announced they will raise their base wage to $15 an hour.
BNB Bank
Company announced it was increasing its minimum wage from $13 to $15 for about 100 employees, or 20 percent of the bank’s workforce.
Broadridge Financial Solutions
Announced its minimum hourly wage would increase to $15 per hour and it would also pay a $1,750 bonus to hourly, non-management associates.
Dime Community Bancshares, INC.
$1,000 bonuses for non-executive employees.
Empire National Bank
Salary increases, 401(k) match increases, and $1,000 bonuses for non-executive employees.
Evans Bancorp INC.
$1,000 bonuses to non-senior level employees, and increased charitable donations.
Financial Institutions, INC.
$500 bonuses for employees.
Flushing Financial Corporation
$1,000 bonuses for full-time employees, $500 bonuses for part-time.
Henry Schein, INC.
Employees will receive $1,000 bonuses.
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.
JetBlue
$1,000 bonuses for all 21,000 employees.
LiDestri Food and Drink
Double-paycheck bonuses for all employees.
Lok-N-Logs, INC.
Double-paycheck bonuses for all employees.
M&T Bank Corp.
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.
Marsh & McLennan Companies, INC.
Base wage increased to $16 per hour, $1,000 bonuses for employees earning less than $55,000.
Maspeth Federal Savings
$1,000 bonuses for all full-time employees below the AVP officer level, $500 bonuses for all part-time employees; base wage raised to $15 per hour.
Mastercard Inc
Announced plans to increase employer match for 401(k) plans to 10%.
MetLife Inc.
Base wage raised to $15 per hour; creation of a $10 million skills development fund; establishment of a minimum groupm life insurance benefit, enhanced 401(k) plan.
NBT Bancorp Inc.
Base wage raised to $11 to $15 per hour; minimum 5% salary increases for employees making less than $50,000; increased capital expenditures.
Northco Products, Inc.
This small business was able to hire one new employee, give all employees bonuses ranging from $100 – $971 after taxes; the company is also investing in a new building.
Paychex, Inc.
Increased investments; acceleration of technology projects; increased investments in employees.
PepsiCo, Inc.
$1,000 bonuses to full-time front-line U.S. employees.
Pfizer Inc.
$100 million in tax reform bonuses for non-executive employees.
Pioneer Credit Recovery
$1,000 bonuses for 800 employees.
Suit-Kote Corporation
Pay raises for 800 employees; increased 401(k) contributions.
Sun Community News and Printing
Raises for all employees averaging $1,000 each; restoration of 2% match on employee IRAs; software and equipment upgrades.
Verizon
Non-executive employees will receive 50 shares of restricted stock.
New Mexico
Allsup's Convenience Stores, INC.
Announced that it paid all full-time, non-executive employees who have been with the company at least one full calendar year a one-time cash bonus of $1,000.
Haciendas at Grace Village
Announced plans to hire additional employees.
Public Service Company of New Mexico
Announced that it would pass its savings from the tax bill on to customers.
New Jersey
Amicus Therapeutics INC.
Decided to spend as much as $200 million on a new production facility in the US instead of Europe.
Flemington Car and Truck Country Family of Brands
Will award its full-time employees a $500 bonus, in addition to potentially upgrading its facility and hiring additional workers.
Honeywell
Announced it would increase its 401(k) match.
Horizon Blue Cross Blue Shield
Announced that it will be spending an additional $125 million over five years on health initiatives.
Merck
Announced plans to provide a one-time, long-term incentive award for its eligible non-executive employees in the second quarter of 2018. It also plans to invest approximately $12 billion over 5 years in capital projects including approximately $8 billion in the united states.
Oceanfirst Financial Corp.
Announced it would raise the minimum wage for 232 employees.
Quest Diagnostics Incorporated
Announced it would pay a bonus of up to $500 for nearly 40,000 employees.
Unity Bancorp, INC.
Announced it would provide employees a $750 bonus.
New Jersey Natural Gas
Submitted a filing to the New Jersey board of public utilities to pass through the benefits of the recently enacted federal tax reform to customers. Njng announced it will reduce customers’ rates by $21 million, resulting in a $31, or 3 percent, decrease to a typical residential heating customer’s annual bill. Njng also announced it will provide a one-time refund to customers totaling approximately $31 million.
Tingley Rubber Company
Announced it will be issuing all US based employee’s one-time bonuses of $1,000 because of the recent tax reform passed by congress.
American Water
Estimates customer savings of between $1.5 and $1.8 million due to tax reform.
New Hampshire
Franklin Savings Bank
Announced that all of its employees would receive a $1,000 bonus.
PC Connection, INC.
Announced it would pay a $1,000 bonus to each of its employees.
Nevada
Fontainebleau
Announced plans to revive the stalled fontainebleau resort due to tax reform. The $3 billion project is estimated to lead to 5,000 construction jobs and 6,000 permanent jobs.
Kalb Industries of Nevada, LTD.
Provided pay raises to employees who have been with the company three months or longer.
South Point Hotel and Casino
Announced it would give more than $1 million in bonuses and would rescind a scheduled increase in the share of health insurance costs paid by employees.
Prospector Hotel & Gambling Hall
Announced that it awarded its full-time workers with a special $500 bonus and raised it’s starting wages to $12 per hour.
Universal Plumbing & Heating CO.
Announced that they would provide employees with bonuses up to $1,000 and that they would begin hiring new employees.
Junk King
Company has been able to purchase an additional truck and hire more employees as a result of tax reform.
Nebraska
Heartland Bank
Paid a $1,000 bonus to full-time, non-executive employees and a $500 bonus to part-timers.
Nelnet
Will give nearly all of its 4,100 employees a $1,000 bonus.
Pinnacle Bank
Will give $1,000 bonuses to 1,007 employees in Nebraska, Kansas, and Missouri.
Omaha Track
Announced it would provide an extra bonus of $500 for its 200 employees.
Werner Enterprises
Announced they were able to increase capital investment this year by $127 million and were able to offer increases of $24 million for their 9,500 driver associates, which works out to over $2,400 per professional driver.
Montana
Lewis and Clark Brewing CO.
Expects to save $25,000 this year and intends to use that money to hire more employees.
NorthWestern Energy
The utility will pass tax reform savings to its customers.
Rod's Harvest Foods
Company announced 3-5% pay increases, base wage increase to $11 per hour, and bonuses up to $500.
TrueNorth Steel
Announced the creation of 35 new jobs.
Missouri
Bank of Advance
Paid $1,000 bonuses to all staff.
Central Bancompany, INC.
Roughly 2,500 employees would receive a $1,000 bonus.
Central Bank of St. Louis
Company announced that all 850 employees will receive $1,000 bonuses and that the base wage will rise from $12 to $15.25.
College of the Ozarks
Decided to issue a check to each college employee in the amount of $204 as a result of savings from the recent u.s. tax code revision.
Commerce Bancshares
Will provide a $1,000 bonus to 3,450 full-time employees, while eligible part-time employees would receive a $250 bonus.
Dynamic Fasteners
Announced it would give a maximum of $1,000 bonus per full time employee.
Express Scripts
Company announced that its non-executive employees would receive bonuses ranging from $500 to $2,000 depending on an employees’ tenure.
Great Southern Bancorp, INC.
Announced it would distributed bonuses to its 1,200 employees, including a $1,000 bonus for full-time employees.
Hawthorn Bank
Full-time employees would receive bonuses of $1,000 and part-time employees would receive $500.
Kansas City Power and Light
Company intends to file rate update cases with the Kansas corporation commission and the Missouri public service commission to pass approximately $100 million in annual tax savings to customers.
Kansas City Southern
Announced it would provide a $1,000 bonus to employees.
Mid-Am Metal Forming
140 employees will receive cash bonuses.
Stifel Financial Corp.
Announced that it would provide a $1,500 bonus to approximately 7,000 salaried employees.
Hunter Chase & Associates
Bonuses announced to all 30 employees and invest in new equipment.
Vivian Company
Plans to give all 20 full-time employees $1000 cash bonuses.
Spire INC.
Company will pass utility savings on to customers.
Sun Solar
30 new jobs thanks to the tax bill.
Silver Dollar City
Announced that hourly and salaried employees who worked at least 1,000 hours in 2017 will be getting a $500 bonus.
Mississippi
Bancorpsouth
Announced it would provide pay increases and/or bonuses totaling more than $10 million. Bancorpsouth provided a $1,000 bonus to nearly 20% of its 4,000 employees, while the overall increased compensation affected more than 70 percent of its employees.
Renasant Bank
Company announced it plans to give pay increases or bonuses to more than 2,000 employees.
Minnesota
Albert Lea Public Warehouse
Gave each of its 12 employees a $2,000 bonus.
Best Buy
Announced full-time employees would receive a one-time bonus of $1,000 and part-time employees $500. In all, more than 100,000 of best buy’s 125,000 employees in the U.S., Mexico and Canada are slated to receive the extra payouts.
Hormel Foods Corp.
Announced it would award stock options to its employees and raise starting wages to $13 an hour (with plans to increase wages to $14 an hour by 2020).
Koch Trucking
Raised driver pay from 41 cents to 45 cents per mile and the maximum sign-on bonus to $7,000 from $5,000.
Target Corporation
Announced that it would raise the bottom of it’s hourly wage scale from $11 to $12 this spring.
TCF Financial
Announced it will provide approximately $5 million in one-time bonuses to employees, $1,000 to full-time workers and $500 to part-timers, who earned less than $100,000 in 2017, about 80 percent of their workforce.
U.S. Bancorp
Announced it would give nearly 60,000 employees a $1,000 bonus and raise the minimum wage for its workforce to $15. U.S. Bancorp will also make unspecified “enhancements” to employee health plans.
Xcel Energy
Announced that it expects to pass $140 million in savings onto its customers.
Loram Maintenance of Way, INC.
Increased the permanent wage range for its field employees by $1 per hour which represents an increase of over seven percent. Loram funded a $1,500 bonus to all non-executive employees. Loram is developing and funding new training programs for employees intended to improve safety, enhance technical skills, accelerate product development innovations, and improve project management.
Michigan
Consumers Energy
Submitted a proposal to the Michigan Public Service Commission that would lower customer bills starting in 2018 by approximately $200 million.
DTE Energy
Announced that rates in Michigan will go down for 2.2 million electric and 1.3 million gas customers. There are expected to be around $190 million in savings.
Fiat Chrysler
Said it would pay a bonus of $2,000 to about 60,000 fca hourly and salaried employees in the U.S., excluding senior leadership. The company also said it will invest more than $1 billion to modernize their warren truck plant, adding 2,500 jobs and moving production of its ram heavy duty trucks from Mexico.
Fishbeck, Thompson, Carr, & Huber Engineering
Announced $1,500 bonuses to all of its 400 full-time and part time employees.
Limestone Bank & Trust
Said it would increase pay for hourly employees by $1 per hour and provide $1,000 bonuses for salaried employees.
Land & Co.
Announced its 151 full-time employees would each get a $1,000 bonus, its 17 part-time workers would get $500 and its nine seasonal workers would each get $250.
Mill Steel Company
Announced it would give a one-time $1,000 bonus to all 400 of its full-time employees.
Penske Automotive Group
Announced it would enhance the company’s U.S. 401(k) savings plan by increasing company matching contributions from 1.5% to 2.5% of eligible contributions.
RPMS Group, LLC
Announced it started providing bonuses in the range of $1000-$2000 and increased its capital investment budget for 2018.
Spartannash
Announced it would issue bonuses, raise wages and invest in employee training in the first quarter of 2018. The company said that “most” of their 16,000 associates would be eligible for the bonuses.
Traverse City State Bank
Company announced it would pay $750 bonuses to each of its 90 employees.
U.S. Special Delivery
Employees received a $1,000 bonus.
Haworth INC.
Announced $5 million in bonuses to employees; full time employees will receive a one-time bonuses of $1,000, and part-timers will collect $500.
Upper Peninsula Power Company
Company announced it would pass tax reform savings to its customers in the form of lower bills.
ITC Holdings Corporation
Will pass savings from the tax bill on to its energy customers.
Massachusetts
1A Auto
Announced across the board cash bonuses for all full-time employees.
Adams Community Bank
Announced it would pay $1,000 bonuses for full-time employees, $500 bonuses for part-time employees, provide a base wage raised to $13.25 per hour and increase its capital expenditures.
Berkshire Hills Bancorp, INC.
Announced it would provide a $1,000 bonus to over 1,000 employees, raise the minimum wage to $15 per hour, enhance employee development and training programs, and contribute $2 million to its charitable foundation.
Blue Hills Bancorp INC.
Paid $1,000 bonuses to each employee with a functional title below the assistant Vice President and raised their base hourly pay to $15.
Eversource Energy
Some Massachusetts customers of Eversource Energy “could end up paying less for their electricity after the energy company proposed changes based on the new federal tax law.”
Harborone Bank
Announced it would give a $500 bonus to more than 600 bank employees and accelerated its plan to implement a $15 minimum wage.
Massachusetts Department of Public Utilities
The Massachusetts Department of Public Utilities ordered electric, gas, and water companies to determine new rates, so consumer bills are adjusted to reflect the corporate tax cuts approved by congress.
Meridian Bancorp
Company will raise minimum wage to $15 per hour, provide an additional 20% to the 2017 bonus as part of the bank’s incentive compensation plan, increase its capital spending budget, and increase its charitable giving.
National Grid
Company announced that Massachusetts customers can expect to pay less next winter than originally projected, thanks to the decision to decrease a proposed rate hike by $36 million — from an $87 million increase to a $51 million increase, a drop of about 41 percent.
The Gateway Tavern Restaurant Group
Announced each full-time employee would receive a one-time cash bonus of $500, and each qualifying part-time employee would receive $200. a total of 93 checks were distributed.
The TJX Companies INC.
Announced that it will provide a one-time, discretionary bonus to eligible associates globally, an incremental contribution to the company’s defined contribution retirement plans, institute paid parental leave and enhance vacation benefits for certain u.s. associates.
Thermo Fisher Scientific
Announced that they would pay $500 bonuses.
Pentucket Bank
Paid $500 bonuses, increased base wages, and increased additional educational opportunities.
Maryland
Baltimore Gas and Electric (BGE)
Sought to pass approximately $82 million in annual tax savings to customers.
Dayton T. Brown INC.
Announced it would provide a $400 bonus to about 210 employees.
Sinclair Broadcast Group
It would pay a $1,000 bonus to almost 9,000 of its full-time and part-time employees after the recent passage of the gop tax bill.
Sprouts Farmers Market
Announced it would invest an additional $10 million to improve employee pay and benefits such as healthcare and maternity leave.
St. John Properties INC.
Announced it would give each of its 180 employees a one-time cash bonus of $1,500.
McCormick & Company
Announced it is offering $1,000 bonuses to eligible hourly employees and says it plans to “accelerate” wage increases.
Dixon Valve
Announced a $1,000 bonus for each full-time American employee.
Maine
Camden National Bank
Announced a $1,000 bonus for full-time employees, a $750 bonus for part-timers and new funding both for customer-focused technology upgrades and for its community giving.
Idexx Laboratories INC.
Announced that it would increase its contributions to employee 401(k) plans.
Pottle's Transporation
Plans to purchase new tractors and trailers this year due to tax reform.
Everett J. Prescott INC.
Announced 300 employees would receive a bonus; $1,000 for employees with more than a year of service, $250 for employees with less than a year.
Louisiana
Cleco Corporation
Announced it would pass tax savings on to its utility customers.
Gulf Coast Bank
Company announced it raised its minimum wage to $12.00 dollars per hour, giving the bank one of the highest starting salaries for unskilled workers in the state.
LHC Group
According to a March 13, 2018 internal email to 15,000 employees from Chairman and CEO Keith Myers, due to the tax cuts and jobs act there will be positive adjustments to compensation as well as increased 401(k) contributions and enhanced employee benefits. Details will be released March 29. a portion of the email states.
Iberiabank Corporation
Announced a pay raise of $2 per hour for associates who currently earn $15 per hour or less and a $1,000 cash bonus for all part-time and full-time associates who currently earn between $15/hour and $100,000 annually.
Metairie Bank and Trust
$1,000 cash bonuses; increase base wage to $12 per hour.
Entergy Louisiana
Announced that their customers would see an average rate reduction of $4.20 a month.
Stine Home & Yard
Announced that it had increased the starting salary for employees and plans to increase 401k matching over the course of the next year.
Kentucky
Brown Forman Corporation
Announced a $120 million contribution to the employee pension fund.
Community Trust Bancorp, INC.
Announced it would pay all full-time employees a $1,000 bonus.
Computer Services, INC.
Announced that non-executive full-time employees with the company more than 12 months would receive a one-time $1,300 cash bonus and part-time employees with the company less than 12 months would receive a one-time cash bonus of $650. The company also stated that all eligible employees would receive an additional one-time contribution to their retirement plan.
Humana
Company announced a base wage increase to $15 per hour, acceleration of annual performance-based incentive program and additional community investments.
Louisville Gas & Electric Company and Kentucky Utilities Company
Announced they will file a unanimous settlement agreement with the Kentucky public service commission requesting approval to return tax savings to customers this spring. If approved by the commission, customers would see nearly $180 million in savings.
Turning Point Brands INC.
$1,000 bonus to its 107 employees.
Verst Logistics, INC.
Announced that they distributed $500 bonuses to all full-time employees due to tax reform.
Kansas
Lawrence Paper Company
Announced $500 bonuses for all of its 300 employees and plans to spend $5 million on new equipment.
United Bank & Trust
Raised hourly and salaried employees’ wages by $100 per month.
Westar Energy
Would pass along tax savings to customers.
Wichita Railway Services, LLC
Company announced that it would pay employees a bonus ranging from $3,000 to $6,000.
Iowa
Anfinson Farm Store
Has awarded $1,000 bonuses and raised wages 5% for all full-time employees as a result of tax reform.
Bank Midwest
Announced $500 bonuses for full-time employees and $250 bonuses for part-timers.
Cedar Rapids Toyota
Announced they would give each full-time employee a $500 bonus.
Dyersville Die Cast
Announced it would pay a $200 bonus for all eligible full-time employees in addition to a $50 monthly bonus for at least twelve months.
Interstate Power & Light
It would return between $18.6 million and $19.6 million to customers.
Iowa-American Water Co.
Announced it would provide between $1.5 million and $1.8 million in savings to customers.
MidAmerican Energy
Estimated it would return between $90.8 million and $112.3 million to electric customers.
Ohnward Bancshares
Announced it would pay a $1,000 bonus to every company employee.
Pattison Sand Company
Gave every employee a $600 cash bonus and raised their base pay by $1.50-2.50 an hour.
Winnebago Industries
Announced their commitment to passing a portion of the tax savings to their employees in the form of a bonus and other selective wage adjustments, making a donation to their foundation, and accelerating facility improvements.
Indiana
1st Source Corporation
Announced it would issue 10 shares of stock currently valued at $500.00 to all employees who were active with the company December 31, 2017, and an additional performance award base pay increase of $500.00 to eligible employees.
Anthem INC.
Announced it would give $1,000 to the retirement accounts for more than 58,000 employees and recent retirees.
Centaur Gaming
Announced that its 2,000 employees would receive a $500 bonus.
Family Express
Announced it would increase its base wage to $11 per hour.
First Farmers Bank and Trust
It would raise its minimum hourly wage by $2.50, provide a 2017 year-end bonus of $750 for all full-time employees, invest at least $250,000 annually in community development activities and spend at least $150,000 per year on employee professional development.
First Merchants Corporation
Announced a $1 per hour wage increase for hourly employees, $500 bonuses for full-time employees, excluding senior management and a pro-rated bonus for part-time employees.
Mainsource Financial Group
Announced it will raise the starting pay and minimum hourly rate to $15 an hour, a move that will affect over 200 employees.
Muncie Aviation Company
Announced it would pay a bonus to all of its 55 full-time and eight part-time employees.
Mutual Bank
Announced it would pay $750 I bonuses for all non-executive employees and provide a $.50 per hour pay raise for hourly employees.
Northern Indiana Public Service Company
Submitted a request with the Indiana Utility Regulatory Commission (IURC) to lower its previous request to modify natural gas base rates by $26 million.
Onemain Holdings, INC.
Announced it expects to reinvest a portion of its expected tax savings into an employee minimum wage increase and special bonus payments.
Quake Manufacturing
Announced it would pay its 12 employees a $1,000 bonus and provide a paid gym membership. The small business said it was also able to add long-term disability, short-term disability and dental insurance.
Wirco INC.
Announced it would be paying all of its employees a $500 bonus.
Indiana Michigan Power
Announced they would pass savings from the tax bill along to utility customers.
Andymark INC.
Company will be doubling its workforce in the next five to 10 years.
Illinois
Abbvie INC.
AbbVie Inc., maker of the top-selling drug Humira, plans to spend $2.5 billion on capital projects in the U.S. as a result of tax reform and is evaluating expansion of its U.S. facilities, according to CEO Richard Gonzalez. The drugmaker also will accelerate pension funding by $750 million and increase non-executive pay.
Allstate Insurance
Announced it will utilize tax reform benefits to accelerate growth initiatives, provide cash bonuses or 401(k) contributions to employees, and increase contributions to improve local communities and charities.
Ameren Illinois
Announced that they submitted a plan to the illinois commerce commission to pass savings from the recently approved tax reform legislation back to its customers. the proposal could save an average electric customer $2.50 to $3.00 per month and natural gas customers could save an average of $1 per month.
American Community Bank and Trust
Provided $500 to each employee and announced additional hiring plans.
BMO Harris Bank
Raised its minimum wage to $15 per hour because of the recent changes to the corporate tax rate.
Boeing
It would invest $300 million in charitable projects, employee training and education, and facilities improvements for boeing locations.
Commonwealth Edison Company
Announced it is passing on $200 million worth of tax savings to its customers.
Discover Financial Services
Announced that their base wage would be raised to $15.25 per hour and that they would provide $1,000 bonuses for more than 15,000 non-executive employees.
Dohrn Transfer
Paid $1,000 bonuses to all of its approximately 1,200 employees.
Dot Foods
Announced it plans to pay bonuses of $500, before tax deductions, to each of its 214 full-time employees.
Emkay, INC.
Announced that all full-time employees will receive a $1,000 bonus.
First Midwest Boncorp
Announced an increase in their minimum pay rate to $15 for hourly employees, a special bonus up to $1,035 to nearly 85% of their employees and a $2 million contribution to the first midwest charitable foundation.
Griffith Trucking, Broadway Express & Heartland Classics
All employees will receive a $1,000 bonus.
Kraft Heinz
Company announced plans to provide $1.3 billion in pre-funding of post-retirement benefit plans, $800 million in capital expenditures and $300 million in strategic investments.
Lincolnway Community Bank
Announced it would pay its 33 employees a one-time $1,000 bonus.
MB Financial, INC.
Announced it would raise the minimum wage to $15 per hour and pay bonuses, affecting nearly 75 percent of the company’s 3,6000 team members.
Rabine Group
Announced they would be giving raises that are roughly 50% larger than the past eight years and also begin paying larger bonus incentives.
Wintrust Financial Corporation
Announced it would raise its base wage to $15 per hour, a move that should impact more than 600 employees.
McDonald's
It is expanding its education benefits program, tripling the amount of money some workers can get each year to help pay for college or trade school tuition.
Ulta Beauty
Announced it would pay bonuses for hourly associates, totaling $12.3 million.
Couch Clarity
Announced that tax reform helped several employees take home bigger paychecks and that the savings from their 2018 taxes will be used for the couch clarity team’s personal and professional development.
Illinois Commerce Commission
Newly approved tariffs from the Illinois commerce commission will mean customers who use peoples gas, north shore gas, Nicor gas, American gas and Illinois-American water company will see credits on their bills soon. The icc wants customers to claim part of the savings from a large corporate income tax rate cut. Illinois leaders estimated savings could be as high as $3.3 million for north shore customers. customers who use peoples gas could save as much as $30 million each year.
Five Senses Spa, Salon, and Barbershop
Announced that it has given $500 bonuses to its 20 employees.
HM Manufacturing
With the passage of tax reform, HM Manufacturing has been able to provide its employees with bonuses, raises, and 100 percent paid healthcare.
Idaho
Ball Ventures
Announced it would give a $100 bonus to each employee for every year of their employment at the company.
Depatco
Accepted a challenge to give bonuses to all of its employees.
Elite Clinical Trials, INC.
Tax reform bonuses to employees.
Elite Roofing Systems
Tax reform bonuses to employees.
Idaho Power
The utility requested to pass along tax reform savings to customers.
InUnison INC.
Tax reform bonuses to employees.
Melaleuca INC.
Announced it will give their 2,000 employees a one-time bonus of $100 for every year they have worked at the company.
Willow Creek Woodworks
Tax reform bonuses to employees.
Colling Pest Solutions
In addition to providing one-time bonuses, Colling Pest Solutions announced their business would pay quarterly bonuses and 50 percent of employee child care expenses.
Hawaii
American Savings Bank
Said it would award $1,000 bonuses to 1,150 employees and increase the minimum wage for its workforce to $15.25 an hour.
Bank of Hawaii
Said it would give out $1,000 cash bonuses to 2,074 employees and increase the minimum wage for its workforce to $15 an hour.
Central Pacific Bank
Announced it would provide a $1,000 bonus to it’s non-executive workforce of about 850 employees and raise the minimum wage for its workforce to $15.25 an hour.
First Hawaiian Bank
Said it would give out $1,500 bonuses to 2,264 employees and increase the minimum wage for its workforce to $15 an hour.
Hawaii National Bank
Announced it awarded $1,000 cash bonuses and raised its hourly minimum wage.
Hawaiian Electric Companies
Expect that 460,000 customers could see lower electric bills as a result of the federal corporate income tax cut.
Territorial Savings Bank
Announced it would give 247 employees a $1,000 bonus and increase its starting wage to $15.
Georgia
Aflac INC.
It will increase its 401(k) match from 50 percent to 100 percent on the first 4 percent of employee contributions and will also contribute $500 to each employee’s 401(k) plan.
American Proteins, INC.
Announced it would give employees $1,000 bonuses.
Cox Entrerprises
Announced that almost 60,000 employees nationwide would receive bonuses of $1,000 to $2,000.
Georgia Power
Expects to pass on $1.2 billion in savings to customers, with the typical residential customer receiving approximately $70 in refunds over two-years.
Home Depot, INC
Said it would give its u.s. employees a new one-time cash bonus of up to $1,000 for hourly associates.
Lockheed Martin Corp.
Announced it would contribute $5 billion in cash toward its pensions and increase its commitment to initiatives such as employee training and charitable contributions.
Mincey Marble
Announced it would provide employees with bonuses of up to $1,000 depending on their length of service with the company.
Suntrust Banks INC.
Announced it would give $50 million in additional community grants to national and local financial well-being efforts, increase the minimum wage to $15, provide merit based pay increases for certain hourly employees, and a one-percent 401(k) contribution to retirement savings for all employees.
Synovus Financial Corporation
Said it would give a $1,000 bonus to all full-time and part-time non-executive employees.
Total System Servies INC.
Announced it would give a $1,000 bonus to a majority of its 11,500 employees.
UPS
Announced more than $12 billion in investments to expand the company’s smart logistics network, an additional $7 billion over three years for company infrastructure, and a $5 billion tax-qualified contribution to the company’s three ups-sponsored U.S. pension plans – about $13,000 per participant.
Yancey Bros. Co.
Announced it would provide its roughly 1,200 employees with a $500 bonus.
Southwire
Said it would pay out $9 million in bonuses and benefits to the majority of their nearly 7,500 employees thanks to tax reform. Full-time employees, not including executives and upper management, will each receive a $1,000 bonus while part-time employees will get $250 bonuses.
Novelis INC.
Said that the positive impact of tax reform reinforced their decision to break ground on its new, $300 million automotive aluminum sheet manufacturing facility in Guthrie, Kentucky. Novelis expects the facility will create approximately 125 jobs.
Florida
Autonation
Announced plans to double its contribution to workers who save for retirement through its 401k plan, and provide fully paid cancer insurance for employees and their families, as well as a financial benefit for those diagnosed.
Centerstate Bank
Announced that about 700 workers, or 60 percent of the company’s employees as of Dec. 31, will receive a $1,000 bonus.
Darden Restaurants
Said the tax cut will prompt it to spend an additional $20 million on its 175,000-plus employees this year, but did not give specifics.
Duke Energy Florida
Announced they will apply federal tax savings to prevent a rate increase, saving the average residential customer $187.
Flood Insurance Agency
Announced it would provide a $1,000 bonus to its employees.
Florida Power & Light
Said that savings from the federal tax overhaul will allow it to avoid billing customers for the $1.3 billion cost of restoring electricity after hurricane irma.
Gulf Power
Has filed a request with the florida public service commission seeking approval to pass along approximately $103 million in tax savings to its 460,000 customers.
Harris Corporation
Said it would boost pension contributions, increase research and development spending and provide a one-time stock grant to its non-executive employees.
Joseph's Lite Cookies
Announced it would provide $3,000 – $4,200 in salary increases.
RGF Environmental Group, INC.
Announced it would provide $1,000 bonuses to all its employees.
Royal Caribbean
Announced that 66,000 employees would receive company stock that is equivalent to 5% of their pay.
Ryden System, INC.
Announced it would pay $23 million in bonuses to eligible employees.
Kimmins Contracting
Announced that they provided each of their employees with a $1,000 bonus.
Florida Concrete Unlimited
Paid higher year-end bonuses and gave pay raises to all employees.
Biscayne Bay Craft Brewery
Owner said that tax cuts have allowed him to purchase $100,000 more in equipment and hire two new employees.
Our Town America
Said they would use tax cut savings to raise wages, hire new staff, and add even more features and equipment to our brand new headquarters — a 44,000 square foot office building in clearwater.
Jones Auto & Towing
Said it plans to put two additional trucks on the road, creating two new full-time jobs.
Anna Maria Oyster Bars
Announced $60,000 worth of bonuses to some staff and purchased two new two-sided LED signs at $20,000 each for two locations to attract new customers.
Washington, D.C.
Pepco
Announced they will file with the public service commission of the district of to provide annual tax savings to more than 296,000 electric customers in the district of Columbia. If approved, Pepco will begin providing a credit that will lower customer bills starting in the first quarter of 2018.
Delaware
Delaware Supermarkets INC.
It would provide $150 bonuses to 1,000 employees and invest $150,000 in employee training and development programs.
Delmarva Power
The utility will pass along tax reform savings to customers.
Green Recovery Technologies, LLC
$1,000 bonuses for all seven employees.
Harvard Business Services, INC.
$1,000 bonuses for all full-time employees.
Mountaire
It would pay $1,000 for all active full-time hourly and piece rate employees with more than 180 days of employment and $500 for all employees with between 1-179 days of employment.
Navient
Announced that 98% of their 6,700 employees would receive a $1,000 bonus.
Connecticut
Avangrid
It will “pass along to customers the full benefit of any tax savings that the companies realize as a result of the 2017 federal tax reform act.”
Charter Communications
Is instituting a $15-per-hour minimum wage across the board by the end of the year.
Hartford Financial Services Group INC.
Will award $1,00 bonuses to approximately 9,500 employees.
ISG
It would earmark funds for additional investment in global digital initiatives over the next two years to accelerate growth, and make an additional contribution of $500 to every U.S. employee’s 401(k) retirement account.
Webster Financial
It would award $1,000 bonuses to non-executive employees, representing about 70 percent of its workforce of 3,300 employees. Webster Financial also said it would raise its minimum wage to $15 an hour and add $1 million to its annual charitable and community contributions.
Windsor Federal Savings
Announced a one-time special bonus of $250 for all employees except senior management and an increase of minimum wage for full-time employees to $15 per hour.
The United Illuminating Company
Announced that the tax law will nearly wipe out an approved $11 million rate increase this year.
Kaman Corporation
Announced that about 2,400 workers will be eligible for a $1,000 bonus.
Colorado
Bank of Colorado
It is paying a special bonus of $1,000 to each of its full-time associates.
Chipotle Mexican Grill
It would make all its restaurant managers and crew eligible for a one-time cash bonus, award one-time stock bonuses to a broad group of staff employees and increase employee benefits.
Canary LLC
Due to tax reform, the company will hire more employees and increase capital spending.
First Southwest Bank
It would raise its base wage to $14 per hour plus full benefits.
FMS Bank
Its 401(k) match by an additional percentage point in 2018.
FirstBank
$1,000 bonuses for full-time employees; $500 bonuses for part-time employees; base wage raised; salary increases.
National Bank Holdings Corp.
It would provide a $1,000 bonus to about half of the company’s employees.
Centennnial Bolt
Plans to increase the size of its workforce between all its partner companies by 30 percent, pay tax reform bonuses, and increase paychecks.
California
Apple
$2,500 employee bonuses in the form of restricted stock units, $30 billion in additional capital expenditures over five years, an additional 20,000 new employees would be hired and they would increase their support for u.s. manufacturing.
Bank of the West
It would increase the company’s minimum wage across the business to $15 per hour.
Charles Schwab Corporation
It would pay $1,000 bonuses for about 9,000 non-executive employees.
Cisco Systems
Wage increases to employees, a new compensation plan, and increased parental leave.
Community Valley Bank
It would pay each employee a $500 bonus.
First Northern Community Bancorp
They would raise their base pay by $2 per hour and pay $1,000 bonuses for all non-executive employees.
Jordan Winery
That it will give a $1,000 bonus to each of its 85 employees.
Mission Produce
Plans to pay all of its u.s.-based employees a $1,000 bonus.
Podcastone
It would award all full-time employees a $1,000 cash bonus.
Saban Capital Group
It would give employees a $1,000 bonus.
Summit State Bank
It would provide a $2,000 bonus to each of its non-executive employees.
Uber Technologies, INC.
Uber drivers will be able to deduct 20 percent of their income from their taxable income before paying new lower tax rates.
Visa
It would increase the amount it would match employee 401ks from 3 percent base to 5 percent base with a total maximum contribution of 10 percent of eligible pay.
Walt Disney Company
It would pay over 125,000 employees a one-time cash bonus of $1,000 as well as make a new $50 million investment into education programs for employees.
Wells Fargo
It would boost its employees’ minimum wage to $15 and would target $400 million in donations to community nonprofit organizations in 2018.
Willis Lease Finance Corporation
It would provide $1,000 bonuses for all non-executive employees.
Simulations Plus, INC.
It would be distributing a one-time $1,000 discretionary cash bonus to each of its employees.
Ecutopia
Bonuses for all its employees.
Mec Arial Work Platforms
They were able to pay each of their 130 employees a $1,000 bonus.
Arizona
U-Haul
It would pay over 28,000 employees a bonus ranging from $500 to $1,200.
Western Alliance Bancorp
Plans to increase the base pay of the lowest-paid 50% of employees by 7.5%,” increase bonuses, and “increase its 401(k) match from 50% of an employee’s contribution up to 6% of pay to 75% of an employee’s contribution up to that same level.
Yam Worldwide
It would provide $2,000 bonuses to 725 employees who have been with the company longer than six months and $1,000 bonuses to all other staffers.
Banks of the Ozarks
2,300 employees were eligible to receive a cash award of up to $1,200 annually based on company and individual employee performance.
Entergy Arkansas
It has filed a rate reduction proposal pass along $466 million in savings from April through December 2019.
Home Bancshares, INC.
Announced plans to distribute a one-time bonus of $500 for more than 850 full-time tenured employees.
Peoples Bank
Peoples Bank provided a $500 bonus and contributed $50,000 to its charitable fund.
Walmart
Will award employees bonuses ranging from $250 to $1,000, totaling roughly $400 million. Walmart will also increase its starting wage rate to $11 and expand maternity and parental leave benefits.
Alaska
Premera Blue Cross Blue Shield
Alaska’s only remaining health insurance provider on the individual market, announced it will invest $50 million in the state over the next four years by offering premium rebates, telemedicine programs for rural communities and mental health programs focused on issues like addiction and homelessness.
Alaska Electric Light and Power
It would pass savings from the tax bill to its customers.
Golden Heart Utilities
The utility will pass tax cut savings along to customers.
College Utilities
The utility will pass tax cut savings along to customers.
Alaska Air Group
$1,000 bonuses for 23,000 employees.
Enstar Natural Gas Company
It would pass savings from the tax bill to its customers.
Utility Services of Alaska
It would pass savings from the tax bill to its customers.
Alabama
OTELCO
All of it’s employees would receive a $500 bonus.
Regions Bank
It will raise its minimum wage to $15 per hour, contribute $40 million to its charitable foundation, and increase its capital expenditures budget by about $100 million.
Russell Lands
$500 bonuses for approximately 400 full-time non-management staff.
Xante Corporation
It paid $1,200 bonuses to most of its employees.
Overseas Hardwoods Company
That all non-management employees would receive a $1,000 bonus.
STERIS Corp.
$1,000 bonuses totaling $7 million for non-executive U.S. -based employees.
Protective Life Corporation
Base wage raised to $15 per hour; $1,000 bonuses for 75% of employees.
Cogent Building Group
$2,000 bonuses for all four employees.
Alabama Power
Customers will see a reduction in their bills because of the federal income tax cut approved by Congress last year, the Public Service Commission announced at its monthly meeting today.
Great Southern Wood Preserving, INC.
Make investments on an ongoing basis to lower healthcare costs for employees, allow employees to accrue more paid time off, develop scholarships for dependents of employees and enhance other benefits going forward.
