Tax Reform is Already Helping Everyday Americans

Jan 05, 2018 | Communications •

That’s right, we’re just into 2018, and the benefits of the Tax Cuts & Jobs Act are already being seen across our great nation.

Despite the gloom and doom and armageddon talk from defenders of the status quo, the benefits of tax reform speak for themselves.

In the first few weeks of this new year…

More than 500 companies (so far) are offering employees benefits!

With about $139,997,520,000 invested back into the U.S.

With at least 4,000,000 (and counting) Americans receiving special bonuses!

Here are the companies taking action as a direct result of the Tax Cuts & Jobs Act (yes, they are actually crediting tax reform for their actions).

  • 1A AUTO, INC. – bonuses for all full-time employees.
  • 1ST SOURCE CORPORATION – 10 shares of stock and base pay increase. 
  • 1ST SUMMIT BANK – $1,000 bonuses to full-time employees, salary raises, increased charitable donations.
  • AALADIN INDUSTRIES, INC. – Bonuses of $250 – $1,000 based on length of service; base wage raised; increased capital expenditures.
  • AAON – $1,000 bonus checks to 2,000 employees.
  • ABBVIE, INC.– Permanent salary increases for all non-executive employees; increased profit sharing for employees; one .additional holiday for U.S. employees.
  • ACADIA HEALTHCARE – Creating new jobs, opening new facilities, expanding existing facilities.
  • ACCUWEATHER – Year-end bonuses to all employees. (Approx. 450 – 500 employees).
  • ADAMS COMMUNITY BANK $1,000 bonuses for full-time employees; $500 bonuses for part-time employees; base wage raised to $13.25 per hour; other wage increases; increased charitable contributions, increased capital expenditures
  • ADVANCE FINANCIAL – Increasing 401(k) match from 3 to 5 percent for all employees. Increasing the share of profits front line employees can receive from 3 to five percent. And an 8 percent increase in charitable giving.
  • ADVANCED SCIENCES & TECHNOLOGIES, LLC – Increased 401(k) match for employees.
  • AFLAC – $250 million boost in U.S. investments and increased 401(k) benefits for workers, including a one-time contribution of $500 to every employee’s retirement savings account.
  • ALASKA AIR – $1,000 bonuses for 22,000 employees.
  • ALASKA ELECTRIC LIGHT AND POWER – Benefits and savings for customers.
  • ALBANESE CONFECTIONERY – Up to $2,000 bonuses annually for as long as tax reform stays in effect, expanded parental leave benefits.
  • ALBERT LEA PUBLIC WAREHOUSE – $2,000 bonuses for all 12 employees.
  • ALLIANT ENERGYInterstate Power & Light (subsidiary) to return $18.6-$19.6 million to customers.
  • ALMO CORPORATION – $1,000 incremental bonus, $1,000 incremental bonus.
  • ALLSUP’S CONVERNIENCE STORES, INC. – $1,000 bonuses.
  • ALTRIA GROUP INC. – $2,000 bonuses to all non-executive employees.
  • ALLY FINANCIAL INC. – $1,000 bonuses.
  • AMARILLO NATIONAL BANK –  $1,000 pay raise for more than 300 employees.
  • AMBOY BANK – Minimum year-end bonus of $1,000 and increased minimum wage to $15 an hour
  • AMEREN ILLINOIS – Customer savings on electric and natural gas bills
  • AMERICACOLLECT – $300 – $500 bonuses for 250 employees.
  • AMERICAN AIRLINES – $1,000 bonus to non-officer employees, totalling approximately $130 million in bonuses.
  • AMERICAN BANK – $1,000 bonuses for 60 employees.
  • AMERICAN COMMUNITY BANK – $500 bonus to each employee and announced additional hiring plans.
  • AMERICAN EXPRESS – Expect to invest up to $200 million more in 2018 than originally expected.
  • AMERICAN FAMILY INSURANCE – 11,000 workers will receive a $1,000 bonus.
  • AMERICAN PROTEINS INC. – $1,000 bonuses.
  • AMERICAN SAVINGS BANK – $1,000 bonus to 1,150 employees, nearly its entire workforce, and increased minimum wage to $15.15 per hour, up from $12.21 today.
  • AMICUS THERAPEUTICS – In order to find a cure for a rare disease, the company is building a $200 million facility in the United States instead of overseas. The facility will employ at least 200 people who will earn an average of over $100,000 per year.
  • ANDYMARK – Anticipating doubling their workforce in the next 5-10 years.
  • ANFINSON FARM STORE – $1,000 bonuses and raised wages 5% for all full-time employees.
  • ANTHEM, INC. – $1,000 contributed to 401(k) accounts of more than 58,000 employees.
  • APPLE – More than $350 billion to the US economy and add over 20,000 new jobs.
  • APPS PORTAMEDIC – employee bonuses.
  • AQUESTA FINANCIAL HOLDINGS – $1,000 bonuses to 95 employees; base wage hike to $15 per hour.
  • AR-15 GUN OWNERS OF AMERICA – tax reform bonuses; increased salaries for all employees.
  • ARIEL CORPORATION – Increase wages, expand business and increase employee benefits.
  • ARIZONA PUBLIC SERVICE – Requested $119 million bill reduction for customers.
  • ASSOCIATED BANK – $500 employee bonuses (exact number receiving bonus unknown at this time); base wage will rise from $10 to $15 per hour.
  • ASSURANT – Reduced tax rate on standalone income worldwide, no transition tax on accumulated foreign earnings.
  • AT&T – $1,000 bonus to its 200,000 U.S. workers and $1 billion boost in U.S. investments.
  • ATLANTIC PACKAGING – $1,000 bonuses for 1,000 employees.
  • ATLAS AIR WORLDWIDE – $1,000 bonuses for 3,100 employees.
  • AUTONATION – Double contributions to 401(k) matches, increase deferred compensation match up to 100%, launch cancer benefits program.
  • AVANGRID – Benefits and savings for customers.
  • AVISTA CORPORATION – Benefits and savings for customers.
  • BALL VENTURES – $100 bonus to each employee for every year of their employment.
  • BALTIMORE GAS & ELECTRIC – Passing on $82 million worth of tax savings, resulting in lower gas and electric bills for customers.
  • BANKCORPSOUTH BANK – Pay raises for over 70 percent of employees, $1,000 bonuses to nearly 20 percent of employees.
  • BANK OF ADVANCE – $1,000 bonuses to all staff.
  • BANK OF AMERICA – $1,000 bonus for approximately 145,000 U.S. employees.
  • BANK OF COLORADO – $1,000 bonuses to full-time associates (9641 employees).
  • BANK OF HAWAII – $1,000 bonus for its 2,074 employees, or 95 percent of its workforce, and increased minimum wage to $15 per hour, up from $12 today.
  • BANK OF THE JAMES – $15 minimum wage raise for employees with more than one year of serve, and increased charitable giving.
  • BANK OF THE WEST – Base wage increase to $15 per hour.
  • BANK MIDWEST – $500 bonuses for full-time employees and $250 bonuses for part-time employees.
  • BANK OF NEW YORK MELLON CORP. – Base wage raised to $15 per hour affecting about 1,000 employees.
  • BANK OF THE OZARKS – Bonuses of up to $1,200 for 2,300 employees.
  • BB&T – $1,200 bonuses for 27,000 employees; base wage will rise from $12 to $15 per hour; $100 million in charitable donations.
  • BECKETT FINANCIAL GROUP – $1,000 bonuses for all employees. $1,000 matching funds charitable contributions for all employees.
  • BENCHMARK AUTO SALES – 100 percent of employees to have employer-provided health insurance.
  • BENEFICIAL BANK –Base wage increased to $14 per hour, $1,000 bonuses all AVP Level employees and below, 4.5 percent employer contribution to 401(k) plans.
  • BERKSHIRE HILLS BANK – Minimum wage to $15 per hour. Special, one-time bonus of $1,000 to over 1,000 employees covering over 70% of the Bank’s workforce, and a $2 million contribution to it’s charitable foundation.  
  • BEST BUY – $1,000 bonuses for full-time employees and $500 for part-time employees affecting about 100,000 employees total.
  • BIO-TECHNE – $500 bonuses to all 1,650+ employees.
  • BISCAYNE BAY CRAFT BREWERY – Hiring two new employees and purchasing new equipment.
  • BISSO TOWBOAT CO. INC. – Tax reform pay increases for employees.
  • BLACKBAUD – $2,000 in stock bonuses for most employees.
  • BLACK HILLS ENERGY – Benefits and savings for customers.
  • BLESSY MARINE – Increased employee benefits.
  • BLUE CROSS & BLUE SHIELD OF NC – $1,000 bonuses to approximately 4,700 employees; $40 million in charitable contributions.
  • BLUE HARBOR RESORT – $1,000 bonuses to eligible employees.
  • BLUE HILLS BANCORP INC. – $1,000 bonuses for a total of $70,000 in bonuses.
  • BMO HARRIS BANK – Base wage raised to $15 per hour; Increased charitable donations.
  • BNB BANK – Base wage raised from $13 to $15; additional pay raises.
  • BOEING – $300 million boost in investments to employee gift-match programs, workforce development, and workplace improvements.
  • BP – Increased investment in U.S..
  • BRECKENRIDGE LANDSCAPE LLC – Pay raises. Investment in office and equipment purchases.
  • BROWN-FOREMAN CORPORATION – $120 million contribution to employee pension fund, creation of  a charitable foundation with an initial $60 – $70 million contribution.
  • BRUNS GENERAL CONTRACTING – Investment in equipment, enhanced retirement benefits.
  • BURGUND & ASSOCIATES, INC DBA ANCHOR MEDICAL STAFFING – $500 bonuses to staff, $250 bonuses to field employees.
  • CABOT OIL & GAS CORPORATION – $1,600 bonuses for employees.
  • CADENCE BANCORPORATION – Base wage to 12 per hour; increased company 401(k) contributions; new employee stock purchase plan; merit pool increase; enhanced employee benefits..
  • CAMDEN NATIONAL BANK – $1,000 bonuses for full0time employees, $750 bonuses for part-timers.
  • CAMP CONSTRUCTION SERVICES – $500 bonuses to employees.
  • CANARY LLC – Due to tax reform, the company will hire more employees and increase capital spending.
  • CAPITOL ONE – Base wage increase to $15 per hour for U.S. employees.
  • CARL BLACK AUTOMOTIVE GROUP – Bonuses to over 500 employees.
  • CARMAX INC. – $250-$1,500 bonuses depending on length of service.
  • CARPENTER TECHNOLOGY – Investing $100 milion in new equipment and capabilities in it’s Reading mill.
  • CARTER’S INC. – Investing $20 million to increase employee retirement plan contributions and give bonuses for eligible full- and part-time employees.
  • CEDAR RAPIDS TOYOTA  $500 bonuses to each full-time employee.
  • CENTAUR GAMING – $500 bonuses to approximately 2,000 employees.
  • CENTENNIAL BOLT – Tax reform bonuses, hiring new employees, updating facilitates, increasing paychecks, increasing community giving, and business expansion.
  • CENTERSTATE BANK – $1,000 bonuses to non-officer employees.
  • CENTRAL BANCOMPANY, INC. – Bonuses to 2,500employees: $1,000 bonuses for full time employees; $500 bonuses for part time employees.
  • CENTRAL BANK – $1,000 bonuses for full-time employees, and $500 bonuses for part-time employees.
  • CENTRAL PACIFIC BANK – All 850 employees will receive $1,000 bonuses; base wage will rise from $12 to $15.25.
  • CHARLES SCHWAB CORPORATION – $1,000 bonus for about 9,000 non-executive employees.
  • CHARLIE BRAVO AVIATION – $1,000 bonuses for company’s six employees.
  • CHARLOTTE PIPE AND FOUNDRY – $1,000 bonuses for each Charlotte Pipe associate.
  • CHARTER – Base wage up to $15 per hour.
  • CHIPOTLE – $250 to $1,000 bonuses for employees. Company says that 1/3 of it’s tax savings will go to employees.
  • CIGNA – Base wage up to $16 an hour, increasing payroll by more than $15 million, and spending an additional $30 million on its 401(k) program. Will add an additional 1 percent match to employee contributions to retirement fund this year.
  • CINTAS CORPORATION – Bonuses for 38,000 employees; $1,000 for employees of at least a year, $500 for employees of less than a year.
  • CIRCUIT INTERRUPTION TECHNOLOGY INC. – One week of extra pay added to final 2017 paycheck, hiring of new employees, growing the staff by 10 percent.
  • CITIZENS BANK OF WEST VIRGINIA – $1,000 bonuses for all 66 employees.
  • CITIZENS FINANCIAL GROUP – $1,000 bonuses for 12,500 employees and $10 million for charitable donations.
  • CLAYTON DISTILLERY – Upgrades and capital expenditures.
  • CLECO Benefits and savings for customers.
  • COACH, TRUCK & TRACTOR LLC – Higher Christmas bonuses for their seven employees (amount based on length of service).
  • COGENT BUILDING GROUP – $2,000 bonuses for all four employees.
  • COLLEGE OF THE OZARKS – $204 bonuses for employees.
  • COLLING PEST SOLUTIONS– employee bonuses.
  • COMCAST – $1,000 bonuses to 100,000 employees; at least $50 billion investment in infrastructure in next five years.
  • COMERICA – $1,000 for 7,659 non-officer employees, totalling $7,659,000 in bonuses, and increased minimum wage to $15 per hour.
  • COMMERCE BANK – 3,450 employees will receive bonuses — $1,000 for full time employees and $250 for part time employees; $25 million in charitable donations.
  • COMMONWEALTH EDISON – $200 million in customer savings.
  • COMMUNITY TRUST BANCORP – $1,000 bonuses for full time employees and $500 bonuses for part-time employees (exact number receiving bonus unknown at this time).
  • COMMUNITY VALLEY BANK – $500 bonus for all employees; increased charitable donations.
  • COMPUTER SERVICES INC. – $1,300 cash bonuses for non-executive full-time employees with more than 12 months of service; $650 for part-time employees; additional contribution to employee retirement plan.
  • CONSUMERS ENERGY – Proposal for $200 million in customer savings.
  • COPPERLEAF ASSISTED LIVING –  $200 – $600 bonuses for 175 employees.
  • CORNERSTONE HOLDINGS – Employee bonuses.
  • COSTCO – Many retailers have announced plans to spend their tax-cut windfalls on one-time employee bonuses or more enduring wage increases.
  • COX ENTERPRISES – $2,000 bonuses to be paid on Tax Day.
  • CUMMINS – Acceleration of pay raises and benefit enhancements, plus a $1,000 Health Savings Account contribution
  • CUNA MUTUAL GROUP – $20 million in charitable contributions.
  • CUSTOMERS BANK – New benefits to customers, and increased charitable giving by $1 million, and a base wage of $15 per hour.
  • CVS – Base wage raised to $11 per hour, and other pay ranges adjusted accordingly; absorbing increases costs of health insurance premiums; creation of new parental leave program
  • DARDEN RESTAURANTS – Spending an additi.onal $20 million on its 175,000+ employees.
  • DATA SALES CO. – $1,000 bonuses to all of their 80+ employees.
  • DAVIS TRUST COMPANY – 3% across the board pay raises (on top of existing compensation structure).
  • DAYTON T. BROWN INC. – $400 bonuses for each of the 210 employees.
  • DELAWARE SUPERMARKETS INC.– $150 bonus to 1,000 non-management employees and $150,000 increased investment in employee training and development programs.
  • DEPATCO, INC.– employee bonuses.
  • DENIZENS BREWING COMPANY – $6,000 for employees and capital expenditures.
  • DIME COMMUNITY BANK – $1,000 bonuses to all non-executive employees, institute a Corporate Matching Gift program, double charitable contributions.
  • DISCOVER FINANCIAL SERVICES – Base wage raised to $15.25 per hour; $1,000 bonuses for more than 15,000 non-executive employees; additional investments and charitable donations to be announced.
  • DISNEY – $1,000 bonuses to about 125,000 U.S. employees. $50 million invested in helping with tuition costs for hourly employees. Stock grants to employees worth approximately $2,600.
  • DIXON VALVE – $1,000 bonuses.
  • DOHRN – $1,000 bonuses to all 1,200 employees.
  • DOLLAR TREE INC. – $100 million investment in raising base wages, enhanced benefits including maternity leave for qualifying employees, and employee training.
  • DOLLYWOOD – $500 bonuses to employees.
  • DOMINION ENERGY, UTAH – $17 million in customer savings.
  • DON RAMON RESTAURANT – Bonuses; pay raises; Increased capital expenditures.
  • DOSS ENTERPRISES – Hiring new employees and purchasing new equipment.
  • DOT FOODS – $500 bonuses for 4,800 employees.
  • DTE ENERGY – Customers will see about a 3 percent reduction in their energy and gas bill rates.
  • DTI PARTNERS INC. – $1,000 bonus to full-time employees; $300 bonus to part-time employees.
  • DTN – $1,000 bonuses to all 700 employees.
  • DUCK INN PUB – $500 bonuses for full-time employees; $200 bonuses for part-time employees.
  • DUKE ENERGY – Savings for customers (targeted for customers affected by storms).
  • DYER CAPITAL – Base wage raised 3.5% to $22 per hour, hourly employees also received special one-time bonus.
  • DYERSVILLE DIE CAST – $200 bonus for all eligible full-time employees; $50 monthly bonus for at least twelve months for all eligible full-time employees; $150,000 in total on bonuses.
  • DYNAMIC FASTENERS – Bonus to full-time employees of $200 per year of employment with a maximum of $1,000. Half the amount for part-time employees. Plan to hire more workers.
  • EAGLE MANUFACTURING – Creating new jobs and purchasing new equipment.
  • EAGLE RIDGE RANCH – employee bonuses.
  • EAGLE TELEPHONE SYSTEM, INC. & EAGLE VALLEY COMMUNICATIONS – $1,000 bonuses; together the companies have 19 employees.
  • EASTIDAHONEWS.COM – employee bonuses.
  • EBERLE COMMUNICATIONS GROUP – Increased 401 (k) match from 25% to 50% for all 45 employees.
  • E-CYCLE – $1,000 bonuses.
  • ECOLAB INC.  – $25 million in charitable donations.
  • ECUTOPIA – Tax reform bonuses to employees.
  • ELITE ROOFING SYSTEMS– employee bonuses.
  • ELITE CLINICAL TRIALS, INC.– employee bonuses.
  • EL PASO ELECTRIC COMPANY – the utility will give refunds to customers due to tax reform.
  • ELMER SMITH OIL COMPANY, DOMINO TRANSPORTS INC., AND DOMINO FOOD & FUEL – Bonus to all 300 employees.
  • EMPLOYERS MUTUAL COMMUNICATIONS GROUP – $1,000 bonuses for employees with the exception of Vice Presidents and above.
  • EMKAY, INC. – $1,000 bonuses for 150 employees.
  • EMPIRE NATIONAL BANK – salary increases; 401(k) match increases; $1,000 bonuses for non-executive employees.
  • EMPIRE STATE BANK – $500 bonuses to full-time employees, $250 bonuses to part-time employees.
  • ENNIS, INC.– $500 bonuses to 2,200 non-management employees.
  • ENSTAR NATURAL GAS COMPANY – Benefits and savings for customers.
  • ENTERGY ARKANSAS – Plans to pass down $466 million in benefits to it’s customers.
  • ENTERGY NEW ORLEANS – Benefits and savings for customers.
  • ENVIRONMENTAL CONSTRUCTION GROUP, INC.– $500 bonuses for 50+ employees.
  • ERIE INSURANCE – $1,000 bonuses; $1,000 contribution to employees’ 401(k) accounts.
  • ES BANCSHARES, INC. – $500 bonuses to non-executive full-time employees; $250 bonuses to part-time employees; creation of at least ten new jobs; further business expansion.
  • EVANS BANK – $1,000 bonuses to non-senior level employees; Increased charitable donations.
  • EVERETTE J. PRESCOTT INC. – $1,000 bonuses for employees with more than a year of service, $250 for employees with less than a year.
  • EVERSOURCE – Will pass on the $56 million in savings from the new tax bill to its 1.4 million electric customers statewide.
  • EXPANDED TECHNOLOGIES, INC. – Minimum bonuses of $500 for each employee, additional cash depending on length of service.
  • EXPRESS EMPLOYMENT PROFESSIONALS – $2,000 bonuses to more than 200 non-executive employees.
  • EXPRESS SCRIPTS – Bonuses to employees averaging at $1,200. Creation of a $30 million education fund for employees’ ‘children.
  • EXXON MOBIL – Investing $50 billion in the United States over the next five years.
  • F&M BANK – Employees who work more than 30 hours a week were given a one-time bonus of $1,100 and those who work less were handed $750.
  • FAMILY EXPRESS – Base wage raised to $11 per hour.
  • FEDEX – Committed more than $3.2 billion in wage increases, bonuses, and pension funding. At least $1.5 billion in capital expenditures.
  • FIDELITY $1,000 paid to all full time employees who make less than $100,000 and $500 paid to part-time employees (185 full and part-time employees).
  • FIAT CHRYSLER – Adding 2,500 jobs, moving production of its Ram Heavy Duty trucks from Mexico, will give $2,000 bonuses to it’s 60,000 employees in the U.S..
  • FIFTH THIRD BANCORP – $1,000 bonuses for 13,500 employees; base wage will rise to $15.
  • FINANCIAL INSTITUTIONS, INC.– $500 bonuses.
  • FIREBIRD BRONZE – hanks 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.
  • FIRST COMMONWEALTH BANK – $1,500 tax reform bonuses to employees
  • FIRST COMMUNICATIONS LLC – $1,000 bonuses, $3 million capital investment.
  • FIRSTBANK – $1,000 bonuses for full-time employees; $500 bonuses for part-time employees; base wage raised; salary increases.
  • FIRST CAPITAL BANK OF TEXAS – $500 bonus for 197 employees, totalling $98,500 in bonuses.
  • FIRST FARMERS BANK & TRUST – Minimum bonus of $750 to each full time employee; base wage will rise by $2.50 per hour.
  • FIRST FEDERAL COMMUNITY BANK – $1,000 bonuses for full-time employees; $500 bonuses for part-time employees; increased charitable contributions.
  • FIRST FINANCIAL BANCORP – Raise starting wage to $15 an hour, $3 million in contributions to charitable giving.
  • FIRST FINANCIAL NORTHWEST – $1,000 for 138 non-officer employees, totalling $138,000 in bonuses.
  • FIRST HAWAIIAN BANK – $1,500 bonuses to 2,264 employees; base wage increase to $15.
  • FIRST HORIZON NATIONAL CORP. – $1,000 bonuses to 4,000 employees.
  • FIRST MERCHANTS – Increase wage paid to hourly employees by $1 per hour, and a $500 cash bonus to employees excluding senior management.
  • FIRST MIDWEST BANK – $15 minimum wage, a $1,035 bonus for nearly 85% of it’s workforce and $2 million gift in charitable contributions.
  • FIRST NATIONAL BANK $1,000 bonuses for its 44 employees.
  • FIRST SENTINEL BANK – $750 cash tax reform bonus.
  • FIRST SOUTHWEST BANK – Base wage raised to $14 per hour which will include full benefits.
  • FISHBECK, THOMPSON, CARR & HUBER ENGINEERING – $1,500 to all 400 full-time and part time employees.
  • 5 SENSES SPA – $500 bonuses for 20 employees.
  • FIVE START BANK – $500 bonuses for 20 employees.
  • FLEET ADVANTAGE – New options for customers thanks to expensing in the tax bill.
  • FLEMINGTON CAR AND TRUCK COUNTRY FAMILY OF BRANDS – $500 bonus to each full-time employee.
  • FLORIDA CONCRETE UNLIMITED – Higher year-end bonuses due to tax reform, and pay raises for all employees.
  • FLUSHING FINANCIAL CORPORATION – $1,000 bonuses for full-time employees; $500 bonuses for part-time employees.
  • FMS BANK – increased 401(k) contributions.
  • F.N.B CORPORATION – Extra 401(k) contributions to employees totaling $1 million; base wage raised to $15 per hour; increased charitable donations.
  • FONTAINEBLEAU – Plans to resume the resort project which had previously committed to creating over 10,000 jobs.
  • FORT RANCH – Employee bonuses.
  • FRANKLIN SAVINGS BANK – $1,000 bonuses.
  • FTCH – $1,500 bonuses to all 400 employees. 
  • FULTON FINANCIAL CORPORATION – 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.
  • GARDNER COMPANY – Employee bonuses.
  • GATE CITY BANK – $1,000 bonus to its employees and $500,000 increased donation to its local community.
  • GATEWAY TAVERN – $500 bonuses for full-time employees; $200 bonuses for part-time employees.
  • GEORGIA POWER – $1.2 billion passed down in benefits and savings.
  • GETFOUNDFIRST.COM – Employee bonuses.
  • GHOSTFACE BREWING – Hiring new employees, purchasing more equipment, and increasing distribution.
  • GKM AUTO PARTS INC. – Providing healthcare benefits to employees.
  • GLASS & SONS COLLISION CENTER – $1,000 tax reform bonuses to employees.
  • GNARLY BARLEY – Health insurance plans offered; additional employee benefits.
  • GOAD COMPANY – $1,000 bonuses to employees.
  • GOOD LIFE COMPANIES – Employee bonuses up to $1,000 passed on to more than 30 full-time employees.
  • GREAT SOUTHERN BANK – $1,000 bonuses to full time employees, $500 to part-time employees. 
  • GREAT SOUTHERN WOOD PRESERVING – Significantly increased employee benefits: lower healthcare costs, more paid time off, scholarships, and more..
  • GREAT WESTERN BANK – Minimum wage up to $15, a special one-time $500 bonus or wage increase for nearly 70% of its workforce and doubling its annual contribution to charitable giving.
  • GREEN MOUNTAIN POWER – Savings for customers.
  • GREEN RECOVERY TECHNOLOGIES, LLC – $1,000 bonuses for all seven employees.
  • GRIFFITH TRUCKING, BROADWAY EXPRESS, HEARTLAND PETERBILT, HEARTLAND CLASSICS – $1000 bonuses to all employees.
  • GROOMER’S SEAFOOD – Expansion of distribution facilities.
  • GROUP 1 AUTOMOTIVE – $500 bonUses for non-management dealership employees. 
  • GULF COAST BANK – 50 percent increase in funds given to its community rewards program.
  • GULF POWER COMPANY – Benefits and savings for customers.
  • GUY CHEMICAL COMPANY INC. – Increased bonuses, increased wages. Investments in new equipment – a new forklift, new laboratory furnishings, updated computer equipment, and new software system.
  • HAPPY STATE BANK – Raised wages. Increases depend on current salary and will affect 80 percent of the 700+ employees.
  • HARBORONE BANK –  $500 bonuses to 600 employees, totalling $300,000 in bonuses.
  • HARFORD ALARM COMPANY – $1,000 bonuses for all 13 employees.
  • HARTFORD FINANCIAL SERVICES GROUP INC. – $1,000 bonuses to any employees paid under $75,000 a year. About 9,500 employees will benefit.
  • HARVARD BUSINESS SERVICES, INC.– $1,000 bonuses for all full-time employees.
  • HAWAII NATIONAL BANK – $1,000 bonuses to all employees, increased minimum wage to $15 per hour.
  • HAWAIIAN ELECTRIC – Benefits and savings for customers.
  • HAWORTH INC. – $1,000 bonuses for full-time employees, $500 bonuses for part-time employees; bonuses totaling $5 million.
  • HAWTHORN BANK – $1,000 bonuses for full-time employees; $500 bonuses for part-time employees.
  • HBM TECHNOLOGY PARTNERS – Tax reform bonuses to employees.
  • HEARTLAND BANK – $1,000 bonuses to full-time, non-executive employees, $500 bonuses to part-timers.
  • HENRY SCHEIN, INC. – $1,000 bonuses.
  • HINEE GOURMET COFFEE – Plans to upgrade systems/equipment and enhance wages, benefits, and bonus programs.
  • HOME BANCSHARES – $500 bonuses to more than 850 employees.
  • HOME DEPOT – Up to $1,000 bonuses to hourly employees.
  • HOME INSTEAD SENIOR CARE – Tax savings will help the Pattons achieve their goal of hiring 50 people in 2018..
  • HOMESTREET BANK – Increase minimum wage to $15 per hour in all 111 retail branches. 
  • HONEYWELL – increased 401(k) match.
  • HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY – Will spend an additional $125 million over five years in health initiatives.
  • HORMEL FOOD CORP. – Starting wage raised to $13 an hour; using savings to reward stock options to its employees.
  • HOSTESS BRANDS INC. – One-time payments of $1,250 with $750 in cash and $500 in the form of a 401(k) contribution. Will also offer workers a year’s worth of free food.
  • HUMANA – Minimum wage up to $15 for all full and part-time employees.
  • HUNTER CHASE & ASSOCIATES – Employee bonuses. Purchase of new trucks and investment in equipment.
  • IAT INSURANCE GROUP – $3,000 bonuses for 700 non-executive employees.
  • IBERIA BANK – Pay raises of $2 per hour; $1,000 bonuses.
  • IDEXX LABORATORIES INC. – Increased 401(k) contributions.
  • INB BANK – $500 bonuses to 200 employees. The bonuses will exclude the Senior Management Team.  The base wage will be raised to $15 per hour.
  • INGALLS – $500 bonuses.
  • INLAND NORTHWEST BANK – $500 bonuses to 200 employees. The bonuses will exclude the Senior Management Team.  The base wage will be raised to $15 per hour.
  • INFORMATION FIRST – $500 bonuses for all 15 employees.
  • INSPERITY – Total of $17 million in bonuses to employees.
  • INSURER TRAVELERS, INC. – $1,000 bonus to employees who make under $75,000 per year, and increased minimum wage to $15 per hour for workers who make less than that.
  • INTERNATIONAL OFFSET CORPORATION – $1,000 bonuses to all employees and 1099 subcontracting partners.
  • INUNISON INC. – Employee bonuses.
  • IOWA-AMERICAN WATER CO. – Benefits and savings for customers.
  • IRON HORSE ENERGY SERVICES INC. – Bonuses for all 93 employees. 
  • ISG – $500 contribution to every U.S. employee’s 401(k). 
  • ISI FINANCIAL GROUP – $2,000 bonuses for all employees.
  • ITC HOLDING CORPORATION – Benefits and savings for customers.
  • JERGENS – Salary increases.
  • JETBLUE – $1,00 bonuses to all 21,000 employees (excluding chief executives).
  • JIMRINEHART.COM – Pay raises for employees:
  • J.M. SMUCKER COMPANY – $1,000 bonuses to about 5,000 employees; $20 million contribution to employee pension plan.
  • JOHNSON BANK – Base wage raised to $15 per hour.
  • JOHNSON & JOHNSON – New investments due to tax reform.
  • JONAH BANK – $1,000 bonuses; Increase charitable contributions.
  • JONES AUTO & TOWING – Added two full-time positions.
  • JORDAN WINERY – $1,000 bonuses to all eligible employees.
  • JOSEPH’S LITE COOKIES – Salary increases; Increased capital expenditures.
  • JP MORGAN – To spend $20 billion over five years, raise hourly pay, add jobs, and open 400 new branches in new U.S. locations. Hourly wage increased to $18 for 22,000 employees, and $750 bonuses. 
  • JUNK KING – Purchase of additional truck; increased hiring.
  • KALB INDUSTRIES OF NEVADA, LTD. – pay raises for employees who have been with the company three months or longer.
  • KAMAN CORP. – $1,000 bonuses for about 2,400 eligible workers.
  • KANSAS CITY POWER AND LIGHT – Benefits and savings for customers.
  • KANSAS CITY SOUTHERN – $1,000 bonuses. (Exact number receiving bonus unknown at this time; the company employs 6,485).
  • KAUAI CATTLE LLC – Employee bonuses.
  • KEG CREEK BREWING – Increased capital expenditures.
  • KENTUCKY PUBLIC SERVICE COMMISSION – Electric, gas and water customers will pay about 4 percent less this year.
  • KENTUCKY UTILITIES AND LOUISVILLE GAS & ELECTRIC – 6 percent decrease in average monthly bill.
  • KEVIN-CHARLES FURNITURE – 5 percent pay raise to employees.
  • KEYBANK – Minimum wage to $15 and additional contributions to employees’ 401(k) accounts.
  • KIMMIN’S CONTRACTING – $1,000 tax reform bonuses to employees.
  • KISH BANK – $500 bonuses to part-time employees and $1,000 bonuses to full-time employees. 
  • KOEHLER FLOORING, INC. – $1,000 bonuses to seven full-time employees.
  • KOCH COMPANIES INC. – Increased driver wages; increased sign on bonuses.
  • KRAFT HEINZ COMPANY – $1.3 billion pre-funding of post-retirement benefit plans.
  • KRAMERICA PROPERTIES – $2,000 bonuses to all six employees.
  • KROGER – Hiring 11,000 workers.
  • LAND & CO – $1,000 bonuses.
  • LARRY H. MILLER GROUP OF COMPANIES – $1,000 bonuses for 10,000 employees.
  • LAWRENCE PAPER COMPANY – $500 bonuses to all 300 workers.
  • LEAK SEALERS – Bonuses to its 100 employees.
  • LG&E AND KU -Benefits and savings for customers.
  • LHC GROUP – Positive adjustments to compensation as well as increased 401(k) contributions and enhanced employee benefits.
  • LIDESTRI FOOD AND DRINK – Double-paycheck bonuses.
  • LIMA PALLET COMPANY – Pay raises, new jobs, purchase of new equipment.
  • LINCOLNWAY COMMUNITY BANK– $1,500 bonuses to all 33 workers.
  • LOK-N-LOGS, INC., I WOOD CARE, AND WEBB PROPERTIES – employees working for a year or more received a double paycheck; those working less than a year also received a bonus.
  • LOUD & CLEAR COMMUNICATIONS – employee bonuses.
  • LOWE’S – Bonuses of up to $1,000 based on length of service, for 260,000 employees; expanded benefits and maternity/parental leave; $5,000 of adoption assistance.
  • MAINSOURCE FINANCIAL – $15 minimum hourly rate. Pay increase will affect more than 200 employees.
  • MARSH & MCLENNAN – $1,000 bonuses to all employees below a certain threshold; increase minimum wage.
  • 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.
  • 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.
  • MASTERCARD INC. – Increasing employer match for 401(k) plans to 10%.
  • M&T BANK – Boosting hourly wages (starting at $14-$16 for base wage). All employees get 40 hours of paid time a year for volunteer/employee resource group activities. $50 million to charitable giving.
  • MB FINANCIAL – Raised minimum wage, issued bonuses, and donated $7.5 million to disadvantaged communities in which it operates. 
  • MCCORMICK & COMPANY – $1,000 bonuses.
  • MCDONALD’S – $2,500 per year (up from $700) for crew working 15 hours a week, $3,000 (up from $1,050) for managers, and more. Increased tuition investments which will provide educational program access for 400,000 U.S. employees.
  • MEC ARIAL WORK PLATFORMS – $1,000 bonuses.
  • MELALEUCA – All 2,000 employees will receive a $100 bonus for each year they have worked at the company.
  • MERIDIAN BANK – $15 minimum wage, 20 percent increase to 2017 bonuses, expanding with six new branch locations, increasing charitable giving by $1 million.
  • MERCK – Employee bonus; Increased charitable donations; increased capital expenditures.
  • METAIRIE BANK – $1,000 bonuses to all of its 120 employees and will increase its hourly minimum wage to $12 per hour.
  • METLIFE, INC – Increase minimum wage to $15 a hour, create a $10 million skills development fund, establish a minimum group life insurance benefit, enhance 401(k) plan.
  • MID-AM – Bonuses to 150 employees.
  • MIDAMERICAN ENERGY – $90.8-$112.3 million in customer savings.
  • MILL STEEL COMPANY – $1,000 bonuses to 400 full-time associates.
  • MINCEY MARBLE – $1,000 bonuses to all employees.
  • MISSION PRODUCE – $1,000 bonuses to U.S-based employees.
  • MOUNTAIRE CORPORATION – $1,000 or $500 bonuses based on length of service; increased 401(k) matches.
  • MOVE IT OR LOSE IT MOVING LLC – employee bonuses.
  • MUNCIE AVIATION COMPANY – Tax reform bonuses for all employees.
  • MUSICNOTES – 3 percent raise in salary to eligible employees.
  • NATIONAL BANK HOLDINGS CORPORATION – $1,000 bonuses for employees making less than $50,000 (exact number receiving bonus unknown at this time).
  • NATIONAL GRID – Benefits and savings for customers.
  • NATIONAL GRID RHODE ISLAND – $25 million in customer savings.
  • NATIONWIDE –$1,000 bonus to 29,000 employees and increased contributions to 401(k) accounts for 33,000 employees.
  • NATURAL GUARDIAN – employee bonuses.
  • NAVIENT – 98% of Navient’s 6,700 employees will receive a $1,000 bonus (approx. 6,566 bonus-eligible employees).
  • 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.
  • NELNET – $1,000 bonuses for 4,100 employees.
  • NEPHRON PHARMACEUTICALS – Five percent wage increase for its 640 employees.
  • NEW JERSEY NATURAL GAS – Benefits and savings for customers.
  • NEXSTAR MEDIA GROUP, INC. – $500 bonuses for full-time employees, $250 for part-time.
  • NEXTIER BANK – $1,000 bonuses for all employees. 
  • NEXUS – 5 percent wage increase and plans to hire 200 new workers in 2018.
  • NICOR GAS – Benefits and savings for customers.
  • NOAH BANK – $1,500 bonuses to all employees. 
  • NORTH SHORE BANK  $500 bonuses.
  • NORTHCO PRODUCTS, INC. – $100-$971 bonuses to employees, hired one new position, investing in new location.
  • NORTHEAST VAPOR SUPPLIES – Bonuses of between $50 – $300 for the five employees.
  • NORTHERN INDIANA PUBLIC SERVICE – Benefits and savings for customers.
  • NORTHWESTERN ENERGY – Benefits and savings for customers.
  • NORTHPOINT APARTMENTS – employee bonuses.
  • OCEANFIRST FINANCIAL CORP. – Base wage increase to $15 per hour.
  • OHNWARD BANCSHARES – $1,000 bonuses for all 260 employees.
  • OKLAHOMA CORPORATION COMMISSION – Shifting about $150 million a year in new corporate tax cuts to customers. Most Oklahomans will start seeing lower utility bills in the mail later this year.
  • OLD DOMINION FREIGHT LINE – $500 bonuses to all 22,000 employees.
  • OMAHA TRACK – $500 bonuses.
  • ONCOR – Benefits and savings for customers in 402 districts across Texas.
  • ONEMAIN HOLDINGS, INC – Bonuses and base wage increases.
  • OTELCO – $500 bonuses for all employees.
  • OUR TOWN AMERICA – Raise wages, hire new employees, and purchase new equipment.
  • OVERSEAS HARDWOODS COMPANY – $1,000 tax reform bonuses to employees.
  • OZARK MOTOR LINES – New driver per diem program.
  • PANHANDLE CLEANING AND RESTORATION – Purchasing new trucks and equipment.
  • PATTISON SAND COMPANY – $600 cash bonuses, base pay raised by $1.50-$2.50 per hour.
  • PAYCHEX INC. – Increased investments; acceleration of technology projects; increased investments in employees.
  • PAYNE TRUCKING – Bonuses of $250 for employees of at least six months, $500 for employees of at least a year, and $750 for employees of at least five years.
  • PENSKE AUTOMOTIVE GROUP – Increased 401(k) contributions.
  • PENTUCKET BANK – $500 bonuses, increased base wages, increased additional educational opportunities through a University of Pentucket Bank program.
  • PEOPLES BANK (Bellingham, WA)– $15 per hour minimum wage and raised 104(k) match one percentage point to 8 percent.
  • PEOPLES BANK (Magnolia, AR) – $500 bonuses and $50,000 in charitable contributions.
  • PEPCO – Benefits and savings for customers
  • PEPSICO. – $1,000 bonuses to full-time front-line U.S. employees.
  • PFIZER INC.  $100 million in tax reform bonuses for non-executive employees:
  • PILGRIM BANK – Base wage raised to $15 per hour; additional 401(k) contributions.
  • PINNACLE BANK – $1,000 bonuses for 1,007 employees.
  • PIONEER CREDIT RECOVERY – $1,000 bonus to its employees.
  • PITNEY BOWES – Increase in wages; Investment in small and medium business clients..
  • PLEXUS CORP. – Cash bonuses for non-executive 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; $200 million charitable contribution.
  • PODCAST ONE – $1,000 bonuses for all full-time employees.
  • POTTLE’S TRANSPORTATION – Purchasing new equipment.
  • PREMERA – $50 million tax refund to go back into state health care system.
  • PRIMROSE SCHOOL OF SOUTH TAMPA – Salary increases. Playground upgrades; educational hardware and software investments; upgraded classroom flooring.
  • PRIORITY COURIER EXPERTS – Tax Reform bonuses given to employees at start of January, additional $500 bonuses to be given in 2018 on the anniversary of each employee’s hire date.
  • PROSPECTOR HOTEL AND GAMBLING HALL – $500 bonuses and increase base wage to $12 per hour.
  • PROTECTIVE LIFE CORPORATION – Base wage raised to $15 per hour; $1,000 bonuses for 75% of employees.
  • PUBLIC SERVICE COMPANY OF NEW MEXICO – Benefits and savings for customers.
  • QUAD/GRAPHICS – $22 million in stock back to employees.
  • QUAIL CREEK BANK – Employee bonuses of $2,000 or $1,000 and increased 401(k) contributions.
  • QUAKE MANUFACTURING – $1,000 bonuses, enhanced insurance benefits, gym memberships.
  • QUEST DIAGNOSTICS INC. – Bonuses of up to $500 for 40,000 employees.
  • R&L CARRIERS – $1,000 bonuses for 12,000 employees.
  • RDR, INC. – Bonuses of up to $1,000 for all 125 employees.
  • RENAISSANCE GLOBAL LOGISTICS – Tax reform bonuses.
  • REGIONS FINANCIAL CORPORATION – Base wage increase to $15 per hour; $40 million in charitable donations; $100 million in capital expenditures.
  • RESIDENT CONSTRUCTION LLC. – Employee bonuses.
  • REYNOLDS AMERICAN – $1,000 bonuses for about 4,500 employees.
  • RGF ENVIRONMENTAL GROUP, INC. – $1,000 bonuses.
  • RIO BANK — $1,000 bonuses for each of the 108 employees.
  • ROCKY MOUNTAIN POWER – Benefits and savings for customers.
  • ROYAL BANKS OF MISSOURI – Full-time employees received $1,000 bonuses; part-time employees received $500 bonuses. (Senior management did not receive the bonuses).
  • RIVERBEND COMMUNICATIONS – Employee bonuses.B
  • RIVERBEND MANAGEMENT, INC. – Employee bonuses.
  • RIVERBEND RANCH – Employee bonuses.
  • RIVERBEND SERVICES – Employee bonuses.
  • ROBERT W. BAIRD & COMPANY – Cash bonuses of up to $1,500; charitable contributions.
  • ROD’S HARVEST FOODS – 3 to 5 percent wage increase for employees, raised base wage to $11 per hour, and offered bonuses of up to $500 to employees.
  • ROYAL HAWAIIAN HERITAGE JEWELRY – the company will open additional retail locations.
  • RUSH ENTERPRISES – $1,000 bonuses for all 6,600 employees.
  • RUSSELL LANDS – $500 bonuses to all full-time employees.
  • RYDER SYSTEM, INC. – Tax reform bonuses for all non-incentive bonus eligible employees, totaling $23 million.
  • SABAN CAPITAL GROUP – $1,000 bonuses.
  • SAIL LOFT – $500 bonuses for full-time employees; $200 bonuses for part-time employees.
  • SCHEELS ALL SPORTS – $1,000 and $500 bonuses. Investment in new stores, increased charitable donations.
  • SEWICKLEY SPA – Pay raises; Increased capital expenditures.
  • SHEELY’S FURNITURE AND APPLIANCE – $1,000 bonuses for full-time employees; $500 bonuses for part-time employees.
  • SHEFFER CORPORATION –  $1,000 bonuses for all 126 employees.
  • SHELTON’S FARM MARKET – Bonuses for roughly 80 employees, amount dependent on length of employment.
  • SHOPRITE – $150 bonuses to 1,000 non-management employees.
  • SHRED-X – Purchase a new truck, and potentially hire a new employee
  • SINCLAIR BROADCAST – $1,000 bonus to nearly 9,000 employees (full and part time) and excludes senior level executives.
  • SKYWEST AIRLINES – Increase 401 (k) contributions, increased capitol expenditures, and increased charitable donations. 
  • SOLARA HOSPITALITY – Cash bonuses up to $500.
  • SOMERSET SAVINGS BANK – $750 bonuses to employees excluding senior management.
  • SOUTHERN GRACE DISTILLERIES – Hiring new employees, expanding visitor center, and investing in business expansion.
  • SOUTHWIRE – $1,000 bonuses for full-time employees, $250 bonuses for part-time employees; expanded parental leave benefits; educational scholarships for employees.
  • SMITH CHEVROLET – employee bonuses.
  • SMITH HONDA – employee bonuses.
  • SMITH RV – employee bonuses
  • SOUND FINANCIAL BANCORP INC. – Increasing employee incentive compensation; implementing a down payment assistance program for first time homebuyers.
  • SOUTH POINT – More than $1 million in bonuses to employees in 2017, doubling the amount from 2016.
  • SOUTH STATE BANK – 2,800 employees getting bonuses; $1,000 bonuses for full-time employees and $500 for part-time employees
  • SOUTHWEST AIRLINES – $1,000 bonuses for all 55,000 employees; $5 million additional charitable donations.
  • SPARTANNASH – Issuing bonuses, raising wages and investing in employee training.
  • SPECTRUM ADHESIVES, INC. – $500 bonuses for employees.
  • SPEEDWELL TAVERN – $500 bonuses for full-time employees; $200 bonuses for part-time employees.
  • SPELLEX CORPORATION – $1,000 bonuses to employees.
  • SPIRE INC. – Benefits and savings for customers.
  • SPROUTS FARMERS MARKET – Pay raises and enhanced employee benefits.
  • ST. JOHN PROPERTIES – All 150 employees received a bonus of up to $1,000 depending on length of service.
  • STARBUCKS – Increased wages and benefit (including paid sick leave). Changes to affect about 150,000 employees (majority work as baristas or shop managers). Will also give at least $500 worth of stock to employees. 
  • STAFFORD BOUNCE N PLAY, LLC.– $1,000 mid-year bonuses for all employees.
  • STATE STREET – enhanced employee retirement benefits and investment in training and community grant programs.
  • STAUB MANUFACTURING – All 37 employees received higher Christmas bonuses.
  • STEEL DESIGN LLC – employee bonuses.
  • STIFEL FINANCIAL CORPORATION – $1,500 bonuses for 7,000 employees.
  • STINE HOME & YARD – Increasing base salary, increasing 401k matching, investing in new technology, investing in community.
  • THE STOWAWAY – $500 bonuses for full-time employees; $200 bonuses for part-time employees.
  • SUIT – KOTE CORPORATION – Pay raises for 800 employees; increased 401(k) contributions.
  • SUTTER MASONRY – Hourly wage increases by $1 and over $50,000 in bonuses distributed to 100 employees. 
  • SUMMIT STATE BANK – $2,000 bonuses to all non-executive employees.
  • SUN COMMUNITY NEWS – Average $1,000 raise for all employees, restoration of 2 percent match on employee IRAs.
  • SUN SOLAR – Plans to add about 30 new jobs as part of expansion plan.
  • SUNDANCE VACATIONS – $125,000 in employee tax reform bonuses.
  • SUNTRUST – $15 minimum wage raise, $50 million increase in community grants, a one percent 401(k) contribution for all employees, and more.
  • SYNOVUS FINANCIAL CORPORATION – $1,000 bonuses to all non-executive employees.
  • TACO JOHN’S INTERNATIONAL, INC. – Bonuses ranging between $200 and $1,000.
  • TCF FINANCIAL CORPORATION – $1,000 bonuses for full time employees; $500 bonuses for part time employees (exact number receiving bonus unknown at this time).
  • THE FLOOD INSURANCE AGENCY – $1,000 bonuses for 17 full time employees.
  • THE HAMMOCK SOURCE – all 150 employees received a tax reform bonus of up to $1,000 depending on length of service.
  • THE RABINE GROUP – Increased raises and bonuses. Increased charitable donations, increased hiring, increased research and development spending, and company expansion.
  • THE TJX COMPANIES INC – Tax reform bonuses for employees; increased retirement fund contributions, paid parental leave.
  • THE UNITED ILLUMINATING COMPANY – Benefits and savings for customers.
  • THERMO FISHER SCIENTIFIC – $500 bonuses.
  • TINGLEY RUBBER CORPORATION – $1,000 bonuses.
  • TIS THE SEASON – $1,000 bonuses for full-time employees.
  • TERRITORIAL SAVINGS BANK – $1,000 bonuses to 247 employees; base wage hike from $11.25 to $15.00 per hour.
  • TEXAS CAPITAL BANK – $1,000 bonus to 900 employees, totaling $900,000 in bonuses.
  • TODAY’S ELECTRONICS – $1,000 tax reform bonuses to employees.
  • TOKIO MARIN HHC – $1,500 employee bonuses for 2,000 employees.
  • TOTAL SYSTEM SERVICES – $1,000 bonuses for 11,500 employees.
  • TOWN BANK –  Minimum wage up to $15 per hour.
  • TRAVELERS – $1,000 bonus to 14,000 employees with a base salary of $75,000 or less, totalling 14,000,000 in bonuses.
  • TRAVERSE CITY STATE BANK – $750 bonuses.
  • TREMCO INC. – Hiring new employees, increasing employee retirement contributions, upgrading equipment, and reinvesting in employees.
  • TRI-STATE TRAILER SALES – Increased 401(k) for employees, to 100 percent on the first 4 percent of compensation.
  • TRUE NORTH STEEL – Added 35 new jobs. 
  • TUCSON ELECTRIC POWER COMPANY – Benefits and savings for customers.
  • TURNING POINT BRANDS, INC. – $1,000 bonuses for 107 employees.
  • TURNING POINT USA – $300 bonuses to all 115 employees.
  • TYSON FOODS INC. – 100,000 employees will receive a tax reform bonus: $1,000 for full-time employees and $500 for part-time employees.
  • UELNER PRECISION TOOLS & DIES – Tax reform bonuses to employees.
  • U-HAUL – $1,200 bonus for full-time employees, $500 for part-time employees; more than 28,000 workers will receive a bonus.
  • ULTA BEAUTY INC. – Bonuses for hourly associates, totaling $12.3 million.
  • UMPQUA HOLDINGS CORP. – Base wage raised to $15.25 per hour; $1,000 bonuses for more than 15,000 non-executive employees.
  • UNION BANK & TRUST – All full-time and part-time employees received a $1,000 bonus. Over 800 employees.
  • UNITED BANK – Raised hourly and salaried employees’ wages by $100 per month.
  • UNITY BANK – All 200 non-executive employees will receive a $750 bonus.
  • UNUM – Base wage raise to $15 a hour, creation of paid parental leave.
  • UPPER PENINSULA POWER COMPANY – Benefits and savings for customers.
  • UPS – Plans for $12 billion in investments, pension funding, enhancing shareholder value.
  • U.S. BANCORP – $1,000 bonuses for 60,000 employees; base wage hike to $15 per hour; $150 million charitable contribution.
  • UTILITY SERVICES OF ALASKA – Benefits and savings for customers.
  • VECTREN – Benefits and savings for customers.
  • VELVET ICE CREAM – Increased wages for full- and part-time workers.
  • VERIZON – non-executive employees will receive 50 shares of restricted stock.
  • VERMONT GAS SYSTEMS, INC. – Benefits and savings for customers
  • VERST LOGISTICS – $500 bonuses to all full-time employees.
  • VISA – Increase its 401(k) match up to 5 percent of salary. 
  • VIVIAN COMPANY – $1,000 cash bonuses and updated facilities.
  • WALMART – Increase starting wage rate to $11, expand maternity and paternity leave benefits and provide a one-time cash bonus of up to $1,000.
  • WARWOOD TOOL – Creating a new line of products.
  • WASHINGTON FEDERAL – According to a company statement, “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.”
  • WASHINGTON TRUST BANCORP, INC. – $1,000 bonuses for full-time employees and $500 for part-time employees; $1.00 per hour salary increase for employees below a certain compensation level.
  • WASTE MANAGEMENT – $2000 in special bonuses to about 34,000 employees.
  • WEBCO INDUSTRIES – Up to $2,000 bonuses.
  • WEBHOBBY SHOP – “I am sure it seems like ‘crumbs’ to elitists but I was able to give them a $2 per hour raise because of the tax reform. It was great to do and my staff is very pleased.”
  • WEBSTER BANK – $1,000 bonuses for full-time employees below Vice President level. This will benefit approximately 70 percent of employees. Minimum wage up to $15 by end of 2018.
  • WELLS FARGO – $15 minimum wage raise, up from $13.50 today, and increased charitable giving by approximately 40 percent to $400 million.
  • WERNER ENTERPRISES INC. – Increasing driver wages and increasing capital expenditures.
  • WESTAR ENERGY – Benefits and savings for customers.
  • WESTERN ALLIANCE – 7.5 percent wage increase for the lowest-paid 50 percent of its employees.
  • WESTERN & SOUTHERN FINANCIAL GROUP – $2,000 bonuses for full-time employees, $1,000 bonuses for part-time employees.
  • WHITE PINE WINERY – Increase in capital expenditures.
  • WICHITA RAILWAY SERVICES – $3,000 – $6,000 bonuses.
  • WILD ADVENTURES – $500 bonus to employees, health benefits, free admission to park for family and friends.
  • WILLIS LEASE FINANCE CORPORATION– $1,000 bonuses for all non-executive employees.
  • WILLOW CREEK WOODWORKS – employee bonuses.
  • WINDSOR FEDERAL SAVINGS – $250 bonus for all employees with the exception of upper management.
  • WINDY HILL FOLIAGE INC. – Bonuses of up to $1,200 for 180 employees.
  • WINNEBAGO INDUSTRIES – Bonuses, wage adjustments, increased charitable contributions, accelerated facility improvements.
  • WINTRUST FINANCIAL CORPORATION – base wage raised to $15 per hour.
  • WIRCO INC.. – $500 employee bonuses.
  • WOLF METALS – Purchase of new equipment.
  • WORLDPLAY INC. – Up to $2000 bonuses, increasing some hourly wages, increasing 401(k) match, increasing charitable contributions, investing in wellness and recognition programs.
  • XANTE – $1,200 bonuses.
  • XCEL ENERGY – Benefits and savings for customers.
  • YAM WORLDWIDE – $2,000 bonuses for employees employed longer than 6 months (594 employees), and $1,000 employees for the rest. $1.3 million in total bonuses. 
  • YANCEY BROS. – $500 bonuses to all employees.
  • ZIONS BANCORP – $1,000 bonus to 80 percent of its employees, or 10,056 workers, totaling $8,045,000 in bonuses.

We’re just scratching the surface here. If you want to learn more about the Tax Cuts & Jobs Act visit fairandsimple.gop.