Category Archives: minimum wage

If elected billionaire Tom Steyer vows to raise minimum wage to $22 per hour

Why stop at $22? How’d he come up with that magic number? I say take it to $25, $50, heck go all the way to $100!

From Fox News: Democratic presidential candidate Tom Steyer vowed to call for a $22 hourly minimum wage if he wins his longshot bid to unseat incumbent President Trump in November.

Steyer, a billionaire who founded investment company Farallon Capital Management in 1986 and sold it in 2012, is campaigning heavily on addressing climate change.

He made the announcement during a campaign block party on Sunday while campaigning in South Carolina, according to The Associated Press. Progressive candidates Elizabeth Warren and Bernie Sanders have released competing plans to hike the minimum wage to $15 per hour.

The federal minimum wage rate has remained at $7.25 per hour for the past decade, though 29 states and Washington have set it higher. (At the beginning of January, more than 20 states raised base pay even higher). The annual earnings for a full-time minimum-wage worker are $15,080, which is slightly above the federal poverty line for one person.

According to a Congressional Budget Office report published in July 2019, increasing the federal minimum wage to $15 per hour could result in 1.3 million workers losing their jobs. (The report estimated there’s about a two-thirds chance that somewhere between zero and 3.7 million workers would lose their jobs).

It could also have negative consequences for small businesses, which tend to operate in more competitive markets with thin margins.

“A higher minimum wage reduces the family income of business owners to the extent that firms’ profits are reduced,” the CBO report said. “Real income is also reduced for nearly all people because increases in the prices of goods and services weaken families’ purchasing power. Over time, as businesses increasingly pass their higher costs on to consumers, the losses in business income diminish and the losses in families’ real income grow.”

Over the past seven months, Steyer has poured $14 million into blanketing South Carolina’s airwaves with ads — a strategy that’s beginning to take hold. According to the RealClearPolitics voting averages, Steyer is polling second in the state, behind only former Vice President Joe Biden. Sanders is a close third.

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Liberal utopia of San Francisco: More than 400 restaurants closed this year

Would you want to eat in a SF restaurant with this view?

According to San Francisco Fact Sheet, there were 4,415 restaurants in the city in 2018.

In 2017, 350 restaurants closed due to city labor laws, real estate conditions and “public realm challenges,” among other reasons.

The restaurant business is tough. It’s tough when you have to try and run a business under progressive policies. And it has proven even tougher in 2019 in the liberal sh*thole of San Francisco.

NBC Bay Area reports that more than 400 restaurants in San Francisco shut their doors in 2019.

Fron the NBC Bay Area story: Said one restaurant owner, “The trend is more restaurants are closing than are opening and that’s historic. I’ve never seen that in my ten years in the restaurant business.”

The main reasons cited for restaurants closures?

The high cost of operating in San Francisco, high crime rates, dirty streets and long wait times for permits.

A SF Gate story notes other factors that have contributed to the restaurant closures: Labor costs and shortage, maintenance costs and high rent.

Many claimed that restaurants could survive the new minimum wage hike in San Francisco. In January 2018 Duna restaurant director of operations Jamison Wiggins said, “The way to keep the price down and be accessible to people, [and still] make delicious food, is to make sure that we keep that lean labor model.”

How’d that work out for Duna?

They are now closed.

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Politicians working hard in Illinois: Over 250 new laws take effect next year

Lawmakers have to find a way to promote themselves in order to get re-elected. One way is to make new laws that they can tout in re-election fundraising efforts.

Or they find a way to bring in more “revenue” so they can give voters more free stuff, courtesy of taxpayers.

Along with legalized recreational marijuana, here are some of the over 250 laws set to take effect in Illinois in 2020, as reported by MyFoxChicago:

• Families will have more access to diaper changing tables when they’re on the go. A new law says any building with restrooms open to the public are required to have at least one “safe, sanitary and convenient” diaper changing table in each of the women’s and men’s restrooms.
• Every baby born in Illinois a jump start on saving for college. The Illinois treasurer is authorized to set up a program in 2020 giving every baby $50 in a college savings plan. The program will require roughly $10 million of taxpayer money, which will require either legislative approval or private donations.
• Graduate-student research assistants will be able to unionize and collectively bargain under an expanded state law.
• A new law requiring a gender-neutral option on drivers’ licenses.
• A new law requiring all single-occupancy public restrooms not specify a gender.

Read the whole MyFoxChicago story here.

WGN TV has the full list of the news laws, see it here. Some of the other laws WGN TV mentions:

• Minimum wage increases to $9.25/hour.
Evidence of a person’s immigration status is inadmissible in a civil proceeding unless it is essential to prove an element of case or is voluntarily given by the person.
• Requires students to take three years of math to graduate high school but provides local school districts with flexibility over required classes to remove barriers to graduation for some students.
• Allows a minor of 12 years of age or older to give consent for health care services or counseling related to the prevention, rather than only for diagnosis and treatment, of STDs.
Permits noncitizen students to be eligible for State financial aid at all institutions of higher education in the state of Illinois.

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Shocker, not: $15 minimum wage hike is hurting NYC restaurants & employees

Gee, who could have predicted this would happen?

From NY Post: Big Apple restaurants are feeling the heat from minimum wage hikes, cutting staff hours and even closing kitchens as they struggle to shoulder the extra payroll costs.

Gabriela’s Restaurant and Tequila Bar, a margarita and taco staple on the Upper West Side for the past 25 years, is closing at the end of September — and it has been a long, painful road downhill, according to its mom-and-pop owners.

Since the $15-an-hour minimum wage hit New York City in December, Liz and Nat Milner say, they’ve been forced to slash their full- and part-time staff to 45 people from 60. Quality has suffered, they admit, and customers have noticed: They’re not coming in like they used to, and when they do, they’re spending less.

“We started by having to let go of the ladies who hand-made our tortillas. It’s certainly better when you can make your tortillas fresh for every taco,” Nat Milner said. “It made sense at $8 an hour but not at $15.”

Gabriela’s was then forced to lay off “two overnight cleaners, a whole level of middle management, the general manager, the extra servers we’d keep on in case it got busy — and then we started cutting hours.”

“I’m not against people making more money,” Milner added. “These people have worked for me for 20 years. But taxes, groceries, everything is going up and people have a little less money to spend on guacamole and tequila.”

Gabriela’s isn’t alone. In a survey of 324 full-service restaurants, the New York City Hospitality Alliance found that 76.5 percent of respondents cut staff hours and 36.3 percent eliminated jobs, including whole layers of middle management, in response to mandated wage increases.

“It’s death by a thousand cuts,” says Andrew Rigie, executive director of the group. “The minimum wage increases put pressure on small businesses. They are well-intended but unsustainable. There’s only so many times you can increase the price of a burger and a bowl of pasta.”

Philippe Massoud, CEO and executive chef of the Manhattan-based Lebanese eateries Ilili and Ilili Box, says rising wages have forced him to cut hours for his 180 employees, yank labor-intensive dishes from the menu and cut back on staff education events like wine seminars.

That’s because new regulations require that employees who receive tips can no longer spend more than 20 percent of their time on work that doesn’t involve interacting with customers. “I can’t even train or educate my staff the way I want to anymore,” Massoud said.

The restaurateur agrees that it has been a “social injustice” that wages haven’t kept up with the cost of living. The students and actors who used to be a great source of labor have been priced out of the city, he says, even as Big Apple restaurants have gotten slammed by tough immigration rules.

Nevertheless, “it’s unfair to put that burden on the shoulders of business,” according to Massoud. He says the industry’s margins have slipped to between 8 and 12 percent from pre-wage-hike levels of 10 to 15 percent.

Read the whole story here.

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Hypocrite: Champagne-socialist millionaire Bernie Sanders donated less than 1% of his income to charity

Although Joe Biden is the leading Demonrat candidate in the 2020 presidential race, according to a Franklin Pierce University/Boston Herald Poll released yesterday, a new poll shows that Senator Bernie Sanders (Vt) now leads the field in New Hampshire. There the self-described Democratic socialist has the support of 29% of likely Democratic primary voters.

Bernie Sanders’ supporters and Democrat voters in general should know, if they don’t already, Bernie is a “Do as I say, not as I do” hypocrite. Alas, I don’t hold out much hope because we have survey statistical data that his supporters are low information voters.

How is Bernie Sanders the socialist a hypocrite? Let me count the ways:

  1. Though an advocate of socialism — which Karl Marx defined as an political-economic system that would abolish private property ownership so as to redistribute and equalize wealth — who claims to speak for the 99% and rants against the super rich one-percenters, Bernie is himself a millionaire who owns three homes and drives a $140,000 Audi R8.
    1. Tellingly, Bernie bought his third home — a $600,000 lakefront summer home in North Hero, Vermont, with 4 bedrooms and 500 ft. of Lake Champlain beachfront — just 5 days after the 2016 Democratic National Convention in which he sold out his supporters by enthusiastically endorsing Hillary Clinton.
  2. Though a proponent of $15/hr minimum wage, Bernie pays his staff poverty wages.
  3. Though an environmentalist who preaches about global-warming climate-change, Bernie flew first-class to the May 2019 Demonrat primary debate in Miam, while his wife flew coach — which makes him a sexist as well as a hypocrite.

The latest Bernie hypocrisy is that not only is he a socialist millionaire (an oxymoron!), he is also miserly and stingy toward the poor and needy.

On Sept. 8, Charlie Kirk, the founder and president of the conservative non-profit Turning Point USA (TPUSA), the conservative non-profit organization that maintains a Professor Watchlist on college professors who discriminates against conservative students and advances left-wing propaganda in the classroom, tweeted that Bernie Sanders made more than a million dollars in 2016, but donated less than 1% of his considerable income to charity:

H/t Federalist Papers

See also:

~Eowyn

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‘U.S. needs illegal aliens to do work that Americans won’t’ is a lie

We are told, again and again, that the U.S. needs illegal aliens to work in jobs that Americans refuse.

As an example, MSNBC’s correspondent Marian Atencio maintains that only Latinos can do chicken-processing jobs because it is “pretty grueling work,” which is why “poultry is an industry that has become — as many of these industries that rely on low skilled workers — dependent on Latin American immigration.”

That’s a lie.

Jeff Amy reports for the AP (via ABC News) that on August 7, 2019, Immigration and Customs Enforcement (ICE) agents arrested 243 Latino workers suspected of working without legal authorization at two Koch Foods’ chicken processing plants in Mississippi. The Koch Foods arrests were part of a massive ICE workplace sting of 680 Latino workers at seven Mississippi chicken processing plants.

Note: Koch Foods has no relation to Koch Industries or the famous Koch brothers. The founders of Koch Foods and Koch Industries, both named Fred Koch, are two entirely different people.

Five days after the ICE arrests, on August 12, some 150 locals (U.S. citizens) were at a job fair at the same Koch Foods plants in hopes of filling some of those now-empty positions. The company is also trying to hire workers with online ads.

The AP reports (via ABCNews):

By 10 a.m., a crowd of dozens was on hand, and steady stream of people came and went. Most were black and spoke with accents from the American South. A few appeared white or Hispanic.

Many of the applicants, including 25-year-old Eddie Nicholson Jr. of Louisville, were chicken plant veterans. They understand the arduous and sometimes dangerous work of slaughtering, butchering and packaging chicken, from hanging up live chickens, to pulling off skin, to cutting with super-sharp knives, to boxing up chicken, much of it done in near-freezing temperatures. That draining work, at relatively low wages, leads many people to quit, so chicken plants are always hiring..

Angela Stuesse, an anthropology professor at the University of North Carolina who spent years among labor organizers in Morton and nearby towns, said the desire for cheap, docile labor led poultry firms to begin recruiting Spanish-speakers in the late 1990s. At first, they were people who could legally work. But they were eventually replaced by Mexicans, Guatemalans and others who often lacked legal working papers. Later, came a wave from Argentina, Uruguay and Peru.

Mississippi’s unemployment is high, and the wages are low:

  • According to a recent Center for Immigration Studies report, The Employment Situation of Immigrants and Natives in the First Quarter of 2019, the 2000-2009 labor-force participation rate in Mississippi dropped by 9%, from 78% to 69%, which left 494,000 U.S.-born adults out of the workforce in 2019.
  • According to the U.S. Bureau of Labor Statistics, half of the meat cutters in the state were being paid less than $12.23 per hour.

But Breitbart‘s Neil Munro points out that wages have spiked upwards for Americans when employers were forced to give up their illegal workers:

  • Enforcement actions aided African-American bakers in Chicago and Somali refugees in Iowa and throughout the Midwest after the 2006 enforcement at the Swift & Co. meatpacking company.
  • As a result of the improved economy under President Trump, chicken processing firms are under pressure to raise wages. As an example, Sanderson Farms, which employ about 15,000 workers in Mississippi, Georgia, Louisiana, North Carolina, and Texas, raised their hourly wages to $15/hour after June 2. (AP)

Munro also points out the negative consequences of the U.S. government’s immigration policy that floods the country with  cheap, foreign, white-collar college graduates and blue-collar labor:

  • Each year, about 4 million young Americans join the workforce after graduating from high school or university. This total includes roughly 800,000 Americans who graduate with skilled degrees in business or health care, engineering or science, software or statistics.
  • But each year, the federal government imports about 1.1 million legal immigrants, on top of the existing population of 1.5 million white-collar visa workers — including approximately 1 million H-1B workers and spouses — and 500,000 blue-collar visa workers.
  • The government also prints out more than one million work permits for foreigners, tolerates about 8 million illegal workers, and does not punish companies for employing the hundreds of thousands of illegal migrants who sneak across the border or overstay their legal visas each year.
  • This policy of inflating the labor supply with cheap, foreign, white- and blue-collar workers:
    • Boosts economic growth for investors because it transfers wages to investors and ensures that employers do not have to compete for American workers by offering higher wages and better working conditions.
    • Shifts enormous wealth from young employees towards older investors, widens wealth gapsreduces high-tech investmentincreases state and local tax burdens, and hurts children’s schools and college educations.
    • Discourages Americans away from high-tech careers and sidelines millions of marginalized Americans, including many who are now struggling with fentanyl addictions.
    • Moves business investment and wealth from blue-states  heartland to red-states coastal citiesexplodes rents and housing costsshrivels real estate values in the Midwest, and rewards investors for creating low-tech, labor-intensive workplaces.

~Eowyn

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Oregon governor signs “progressive” paid family leave act; includes benefits for illegal aliens

Oregon Governor Kate Brown

More benefits for illegal aliens that Oregon tax-paying citizens will have to cough up. That’s what you get when you live in a sanctuary state.

Excerpts from Oregon Live:

“Oregon Gov. Kate Brown on Friday signed what advocates are calling the nation’s most progressive paid family and medical leave measure, making the state the first in the country to offer 100% wage replacement for minimum-wage workers.

The law, which will pay out benefits beginning in 2023, gives 12 weeks paid time off to new parents, victims of domestic violence and those who become ill or need to care for a sick family member. It also includes people who may be in the country illegally and those working part time. Residents need to work 1,000 hours a year to qualify.

The law allows workers to take time off not only to care for blood relatives, but also for significant others, friends and other close associates that are the “equivalent of a family relationship.”

“This bill is written for 2019,” said then-House Majority Leader Jennifer Williamson on the floor in June. “It better captures the structures of families and reflects the types of communities and neighbors we strive to be.”

Although those making minimum wage will see 100% wage replacement, benefits decrease as income rises.

The Oregon Employment Department will determine what percentage of payroll contributions should go to fund program, though statutorily it can’t be more than 1%. Workers will pay 60% of whatever rate is decided, with employers contributing the remaining 40%.

Small businesses with less than 25 employees will not have to pay into the program, although their workers will still receive benefits.”

Read the whole story here.

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Hypocrite: Bernie Sanders, proponent of $15/hr minimum wage, pays his staff poverty wages

Joel B. Pollak reports for Breitbart, July 19, 2019, that although self-identified socialist and 2020 presidential candidate Sen. Bernie Sanders (Vt.) said he supports a federal minimum wage of $15 per hour, workers on his presidential campaign complain they are making “poverty wages” and demand that he pay them a $15/hour minimum wage.

In a letter to Sander’s campaign manager Faiz Shakir, the unionized workers complained that field organizers “cannot be expected to build the largest grassroots organizing program in American history while making poverty wages” of an average hourly pay of less than $13, leaving many “barely managing to survive financially”. That, in turn, “is severely impacting our team’s productivity and morale. Some field organizers have already left the campaign as a result.” The workers remind Sanders that “Given our campaign’s commitment to fighting for a living wage of at least $15.00 an hour, we believe it is only fair that the campaign would carry through this commitment to its own field team.”

This is not the only complaint. Last year, staffers on Sanders’s 2016 campaign finally came forward with allegations of “sexual violence and harassment.”

Meanwhile, on Thursday, July 18, the Democrat-majority House of Representatives voted 231-199 to raise the national minimum wage from $7.25 to $15 an hour over six years.

Democrats contend the bill would raise wages for millions of Americans, but the non-partisan Congressional Budget Office (CBO) found that a $15 per hour minimum wage “would lift 1.3 million people out of poverty but also put an estimated 1.3 million Americans out of work.

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~Eowyn

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MYOB: Restaurant workers tell A-listers to shove it after call for higher wages

sarah jessica parker and reese witherspoon

Super-wealthy SJWs not wanted…


Stick to worrying about your agents fighting for your own MASSIVE salaries.
From NY Post: Sarah Jessica Parker, Reese Witherspoon, Natalie Portman and more than a dozen other A-listers were told to shove it by 500 restaurant workers in New York who signed an open letter to the actresses.
The missive is a response to a letter that the Hollywood elites sent to Gov. Cuomo asking him to raise the minimum wage for tipped workers.
“You’ve been misled that we earn less than minimum wage and that we’re somehow helpless victims of sexual harassment,” the restaurants’ workers said in their letter, which was organized by Maggie Raczynski, an Outback Steakhouse bartender in Clifton Park, NY. “Thank you for your concern. But we don’t need your help and we’re not asking to be saved,” they wrote.
Cuomo is considering raising the minimum wage for tipped workers, which is as much as $8.65 in the city for restaurant workers, to be equal to the regular minimum wage, which is rising to $15 by 2020.
“The cost of food is going to go up and the number of servers is going to go down,” Raczynski told The Post.
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List of companies giving pay raises & bonuses because of new tax law; Democrat governors file lawsuit to block

The AP’s Paul Wiseman reports that on December 26, 2017, President Trump signed the GOP’s tax bill into law. By slashing the corporate tax rate to 21% from 35%, one of the highest among advanced economies, the new law distributes benefits across a range of American industries, from construction to health care. It also applies a low one-time tax to the profits that corporations have long kept overseas to avoid paying taxes under the current higher rate.
According to an analysis by the University of Pennsylvania’s Penn Wharton Budget Model:

  • The biggest tax savings from 2018 through 2027 go to manufacturers ($261.5 billion).
  • Next are insurance and finance companies ($249.4 billion).
  • Retailers will save $171.4 billion. Matthew Shay, CEO of the National Retail Federation, says the new law will help retailers accelerate investment in e-commerce and mobile technology, as well as induce foreign-owned retailers to shift investment dollars into the United States.

The new tax plan has already brought fruit in companies giving raises to their employees (see below), as well as plans to increase their U.S. investments. As WND puts it:

“Before the ink was even dry on President Trump’s signature on the Republican tax-cut bill, corporate America was not only toasting it, praising it and celebrating it, but handing out money to employees like Santa Claus.”

The Wall St. Journal reports:

“Just weeks after the federal government adopted the biggest tax overhaul in three decades, the effects are rippling through corner offices and boardrooms, with companies large and small dusting off once-shelved plans, re-evaluating existing projects and exploring new investment in factories and equipment.”

But the Demonrat governors of Connecticut, New Jersey and New York said they will file a lawsuit to block the tax overhaul. California, also a “blue” state, may join the lawsuit.

The AP reports that on Friday, Jan. 26, 2018, governors Andrew Cuomo of New York, Dannel Malloy of Connecticut and Phil Murphy of New Jersey announced  that they’re talking to governors of other states to form a multi-state coalition in a lawsuit to block Trump’s tax reform because the new tax law caps a deduction for state and local taxes at $10,000 — and Connecticut, New York, New Jersey, California all exact high state taxes. This means that in the past, before the Trump-GOP tax reform, the federal government effectively had been subsidizing residents of those states by allowing them to write off their state taxes.
Cuomo, a potential 2020 White House contender, had announced his intention to fight the tax overhaul earlier this month. Murphy said he expects the suit to be filed within weeks. Malloy said no decision has been made on where the action will be filed.

Below is a list, in alphabetical order, of the companies — large and small — that have announced wage increases, bonuses, investments and charity donations because of the Trump-GOP new tax law. Many of them specifically credited the new tax law:
(1) AAON is giving $1,000 bonus checks to 2,000 employees. CEO Norman Asbiornson said it was a result of the new tax law and a “direct recognition” of his employees’ importance.

(2) AccuWeather distributed year-end bonuses to about 500 employees.
(3) Aflac is increasing its 401(k) match from 50% to 100% on the first 4% of compensation plus a one-time $500 contribution to every employee’s 401(k). It also plans $250 million increase in U.S. investment.
(4) American Airlines will give $1,000 bonuses to its nearly 128,000 employees except officers.
(5) Americacollect announced $300-$500 bonuses for 250 employees.
(6) American Savings Bank, the third-largest bank in Hawaii, said it will award $1,000 bonuses to nearly all of its employees, as well increase its starting wage from $12.21 to to $15.25 an hour.
(7) Aquesta Financial Holdings in Cornelius, N.C., will raise hourly pay to $15 and give $1,000 bonuses to all of it workers.
(8) Associated Bank in Wisconsin boosted its minimum hourly wage to $15 and paying workers a $500 bonus.

(9) AT&T will expand its bonus program to an additional 200,000 staffers getting $1,000 apiece.
(10) Bank of Hawaii, the state’s second-largest bank, will give $1,000 cash bonuses to 2,074 employees, or 95% of its workforce. The bonuses affect all employees below the senior vice president level. The bank also will increase its minimum wage from $12 to $15 an hour.
(11) Bank of the Ozarks announced bonuses of up to $1,200 for 2,300 workers.

(12) BB&T plans $1,200 bonuses for 27,000 employees, a boost in the base wage from $12 to $15 per hour, and charitable donations of $100 million.

(13) Boeing announced a gift of $300 million in investment in its employee-related charitable program “to support our heroes, our homes and our future.”
(14) Canary LLC will hire new employees and purchase more equipment.

(15) Central Pacific Bank said each of its 850 employees will get $1,000 bonuses, and its wage will rise from $12 to $15.25.
(16) Citizens Financial Group will give $1,000 bonuses to 12,500 employees, and $10 million donations to charities.
(17) Comcast NBC Universal, citing the new tax law and the FCC’s elimination of “net neutrality” of government regulation of the Internet, announced $1,000 bonuses to more than 100,000 non-executive employees, as well as plans to spend more than $50 billion in the next five years on infrastructure investments which will create thousands of new direct and indirect jobs.
(18) Comerica Bank is raising wages to $15 per hour and giving bonuses of $1,000 to 4,500 non-officer employees.
(19) Commerce Bank is giving $1,000 bonuses for fulltime workers, $250 for part-timers, to a total of 3,450; as well as $25 million donations to charities.
(20) Community Trust Bancorp has $1,000 bonuses for full time employees and $500 for those who are part-time.
(21) Copperleaf Assisted Living has bonuses of $200-$600 for 175 employees.

(22) Dayton T. Brown Inc. is delivering $400 bonuses for each of the 210 employees
(23) Delaware Supermarkets Inc. announced $150 extra bonuses to 1,000 non-management personnel.
(24) Express Employment Professionals announced bonuses of $2,000 to more than 200 non-executive employees.
(25) FedEx announced it will give wage increases and bonuses, make a voluntary $1.5 billion contribution to the company’s pension plan, and reinvest and modernize. Compensation will be increased by more than $200 million, with about two-thirds going to hourly workers. The rest of the money will fund increases in performance-based incentive plans for salaried personnel. The company will also invest $1.5 billion to expand its FedEx Express facility in Indianapolis over the next seven years. Later this year it will announce plans to modernize its Memphis hub.

(26) Fifth Third Bancorp increased its minimum wage to $15, and a a bonus of $1,000 to 13,000 employees.
(27) First Hawaiian Bank, the state’s largest bank, will give out $1,500 cash bonuses to 2,264 employees or all but 11 members of its senior management team, as well as increase its minimum wage from $12.75 to $15 an hour for 613 employees.
(28) First Horizon National Corp. announced 4,000 workers are getting $1,000 bonuses.
(29) Gate City Bank gave $1,000 bonuses to 538 non-management personnel, as well as $500,000 in additional charitable giving.
(30) Home Depot, with over 400,000 Americans on its payroll as of 2017, announced “a new one-time cash bonus for U.S. hourly associates of up to $1,000 in the fourth quarter of fiscal 2017.” Craig Menear, the chairman, CEO and president of Home Depot, said in a statement: “We are pleased to be able to provide this additional reward to our associates for continuing to deliver outstanding customer service. This incremental investment in our associates was made possible by the new tax reform bill.”
(31) INB Bank is giving $500 bonuses to 200 employees, and raising base wages to $15.
(32) Kansas City Southern, the Missouri-based transportation holding company with railroad investments in the U.S., Mexico and Panama, said it would immediately give a one-time $1,000 bonus to non-executive employees of its subsidiaries in the U.S. and Mexico.
(33) Kroger CEO W. Rodney McMullen said the new tax law would influence his company “to continue to invest in our business, which will grow jobs.”
(34) Melaleuca Inc., the Idaho health-care and home-products company, is providing its 2,000 employees $100 bonuses for every year they worked for the company. The company has 147 employees who have worked for the company for 20 years or more.

(35) National Bank Holdings Corporation has $1,000 bonuses for employees making up to $50,000.
(36) Nationwide Insurance is giving 29,000 workers $1,000 bonuses.
(37) Navient announced a $1,000 bonus to most of its 6,700 workers.
(38) Nelnet announced $1,000 bonuses for 4,100 employees.

(39) OceanFirst Financial Corp. increased its base wage to $15 per hour.
(40) Ohnward Bancshares handed out $1,000 bonuses for all 260 employees.
(41) Pinnacle Bank had $1,000 bonuses for 1,007 employees.

(42) PNC Financial Services will give $1,000 bonus to about 47,500 workers.
(43) Royal Hawaiian Heritage Jewelry plans to open up three more shops – in Honolulu, in Kauai and Maui in addition to its existing three shops.
(44) Rush Enterprises of Texas is giving each of its 6,600 employees a $1,000 bonus – a total of $6.6 million. CFO Steven Keller said: “You’ve got a choice – we could’ve kept it and stuffed it in the company bank account or coffers, or we can share it with the people.”

(45) Sinclair Broadcast Group gave $1,000 bonuses to 9,000 employees.
(46) Southwest Airlines gave $1,000 bonuses to 55,000 employees, provided $5 million additional charitable donations.

(47) Starbucks, citing the GOP’s tax reform bill, Starbucks announced it will give pay raises and stock grants to its 150,000 employees, most of whom work as baristas or shop managers. Starbucks will also the tax break for some pro-family measures: All employees will soon be able to earn paid sick time off, and parental leave benefits will include all non-birth parents.

(48) TCF Financial Corporation gave $1,000 bonuses to all full time employees.
(49) The Flood Insurance Agency had $1,000 bonuses for 17 full time employees.
(50) Territorial Savings Bank had $1,000 bonuses to 247 employees.
(51) Turning Point Brands, Inc. had $1,000 bonuses for 107 employees.
(52) Unity Bank will give a $750 bonus to all 200 non-executive employees.

(53) U.S. Bancorp, the parent company of U.S. Bank, announced a $1,000 bonus for nearly 60,000 employees. The bank also plans to increase its minimum wage for all hourly employees to $15 per hour, make “enhancements” to its employees’ health-care options, make an “additional investment in strategic projects centered on the customer experience” and make a one-time $150 million contribution to the U.S. Bank Foundation, the bank’s charitable arm.
(54) U.S. Bank of America employees making up to $150,000 per year in total compensation – about 145,000 teammates – will receive a one-time bonus of $1,000.
(55) Walmart is increasing the minimum hourly wage for its U.S. employees to $11 and handing out bonuses of up to $1,000, crediting President Trump’s tax cut. Walmart is the nation’s largest private employer, with more than 1 million U.S. hourly employees.
(56) Washington Federal in Seattle will increase wages for most of its workers by 5% and adding 25 people to its information-technology staff.

(57) Wells Fargo raised the minimum wage to $15, beginning January 1, 2018.

~Eowyn
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