Because of the Republicans’ Tax Reform …
- Walt Disney Co. is giving a one-time cash bonus of $1,000 to about 125,000 employees.
- Verizon is giving each employee stocks worth about $2,600.
- Starbucks will give domestic employees pay raises, company stock and expanded benefits with a combined worth of more than $250 million.
- J.P. Morgan is raising the hourly wage of workers an average 10%, hiring 500 new bankers to focus on small business lending, and opening up to 400 new branches which will directly employ around 3,000 people. The company has pledged to increase lending for affordable housing and ramp up its community investments by 50%.
No word yet from Nancy Pelosi on what kind of “crumby” raises and/or bonuses she is giving HER employees.