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Wages rising


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  • Platinum Contributing Member

The annual budget deficit was heading in the right direction........now with a strong economy we regressed......and it was entirely self inflicted......but the Repugs justify it now :lmao: 

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Just now, Highmark said:

Looks pretty damn good to me.  

united-states-wage-growth.png

Looks real good. Anyone in manufacturing is seeing wages rise. We are paying anywhere from $2-3 more an hour for a starting wage this year alone. I love how much the moon bats on here hate to see the American worker fail in the name of political expediency. Disgusting. 

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  • Platinum Contributing Member
4 minutes ago, xtralettucetomatoe580 said:

Looks real good. Anyone in manufacturing is seeing wages rise. We are paying anywhere from $2-3 more an hour for a starting wage this year alone. I love how much the moon bats on here hate to see the American worker fail in the name of political expediency. Disgusting. 

Lots of large corporations have announced large starting wage increase due to the tax cut but lets focus on a few that claim layoffs because of the tariffs.  

https://www.usatoday.com/story/money/2018/01/11/list-companies-paid-bonuses-boosted-pay-since-tax-bill-passed/1023848001/

Thanks to GOP tax cuts, businesses are expanding family leave programs, investing in employee education, helping with adoption costs, and growing healthcare programs

Thanks to the tax cuts passed by the Republican House and Senate and signed into law by President Trump, businesses are expanding benefits for employees and their families.

Examples Include:

Firebird Bronze in Oregon is offering health insurance to their employees for the first time:

"We are a small manufacturing business casting artwork for artist in bronze we have 9 employees and because of the tax cuts and the current business friendly climate we are for the first time offering employees health care insurance costing our company 40k per year." 

Express Scripts in Missouri is creating an education fund for their employees’ children:

“The company will also create a $30 million education fund for employees' children. The fund will assist with paying for college and vocational training."

Unum in Tennessee created a paid parental leave program:

“On the heels of announcing record financial results for 2017, Unum today said, in addition to the existing all-employee annual bonus program, it is investing in its people and communities with a new paid parental leave benefit for both mothers and fathers in the U.S.; enhancements to the compensation program so that all U.S. employees earn at least $15 an hour; and an additional $1 million in charitable contributions this year in support of the communities where Unum employees live and work.”

Walmart and Lowes now provide $5,000 to help cover the cost of adopting a child:

Walmart: "The company is also creating a new benefit to assist associates with adoption expenses. The combined wage and benefit changes will benefit the company’s more than one million U.S. hourly associates."

--

Lowes: "Effective May 1, Lowe's will also be expanding its benefits package for full-time workers to include paid maternity leave for 10 weeks, paid parental leave for two weeks, adoption assistance of up to $5,000, and faster eligibility for health benefits, the memo said."

McDonald’s employees who work just 15 hours a week, receive $1,500 worth of tuition assistance every year per year. The money can be applied to community college, trade schools, or a traditional 4-year university for employees or their family members:

McDonald’s Corporation today announced it will allocate $150 million over five years to its global Archways to Opportunity education program. This investment will provide almost 400,000 U.S. restaurant employees with accessibility to the program as the company will also lower eligibility requirements from nine months to 90 days of employment and drop weekly shift minimums from 20 hours to 15 hours. Additionally, McDonald’s will also extend some education benefits to restaurant employees’ family members. These enhancements underscore McDonald’s and its independent franchisees’ commitment to providing jobs that fit around the lives of restaurant employees so they may pursue their education and career ambitions. 

The following list includes 31 examples of increased benefits for employees and their families thanks to the GOP tax cuts. These examples are culled from ATR’s national list (www.atr.org/list) of tax reform good news. Please send any additions to jkartch@atr.org

Albanese Confectionery (Merrillville, Indiana) – Extended parental leave benefits:

Albanese Confectionery also expanded their benefits to include new programs such as paid maternity and paternity leave. – Albanese Confectionery press release

American Family Insurance (Madison, Wisconsin) - Expanded family leave program:

In addition, American Family said its family leave program now will provide employees with paid leave to care for an ill child of any age or for a spouse or domestic partner. – Jan. 26 2018, Milwaukee Journal Sentinel article excerpt

Benchmark Auto Sales (Asheville, North Carolina) – thanks to tax reform, 100 percent of the staff now has employer-provided health insurance:

A weight many Americans shoulder everyday is now gone for the people who work in gravel lot filled with cars along Brevard Road near the Blue Ridge Parkway.

We're talking health care.

We had 80 percent of our staff was not insured. We have 100 percent insured now. That's a big feat," Benchmark Auto Sales owner Joe Segrave said.

It was Segrave's decision, but he said it would not have happened without the tax bill that finally passed on Capitol Hill.

"I think all of us share a certain level of disgust with what's going on with politics in our nation, and, really, I like to keep this as an apolitical decision," Segrave said. "The bottom line is I had a chance to pay it forward to my employees." –Jan. 26, 2018 WLOS ABC News 13 report

Broadridge Financial Solutions (Lake Success, New York) –  Expansion of paternal leave benefits:

Broadridge Financial Solutions on Wednesday said it was boosting workers’ pay, delivering bonuses and expanding employee benefits as a result of strong company growth and the recent federal tax law changes.

Broadridge added that it was enhancing employee benefits, including adding vacation days for employees who have been at the firm at least five years. It was also expanding paternal leave benefits.

Broadridge has more than 10,000 employees in 16 countries, including about 1,800 in Lake Success and Edgewood. – Feb. 7 2018, Newsday article excerpts

Cadence Bancorporation (Houston, Texas) – Contribution to employee healthcare costs:

In an announcement to its employees, the company shared it will introduce the following changes effective April 1, 2018:

  • An increase in the company’s contribution to employee healthcare costs

In addition, Cadence executives announced an employee stock purchase plan with a 15% discount, pending approval by Cadence Bancorporation shareholders.

“Our employees deliver exceptional service and value to our clients every day, and we want to reward them for their dedication,” said Paul B. Murphy, Jr., chairman and chief executive officer of Cadence Bancorporation. “Investing in our employees allows us to attract and retain top talent, which directly correlates to sound operating and financial performance and a better return for our shareholders.” – February 14, 2018, Cadence Bancorporation press release excerpts

Charles Schwab Corporation (San Francisco, California) – Expanded parental leave benefits:

Additionally, we expanded parental leave benefits for all Schwab employees and increased the annual corporate contribution to philanthropy to benefit our local communities.” – Jan. 25 2018, The Charles Schwab Corporation press release

Chipotle Mexican Grill (Denver, Colorado) – Enhancing parental leave benefits:

We plan to invest more than one-third of these tax savings in our people, including by making all of our restaurant managers and crew eligible for a one-time cash bonus, awarding one-time stock bonuses to a broad group of staff employees, and enhancing a number of other benefits such as parental leave and short term disability, all to help position Chipotle as the employer of choice in the restaurant industry. We’re excited to share further details about these programs in the coming days.” – Feb. 6, 2018 Chipotle Mexican Grill statement excerpt

Cummins (Columbus, Indiana) – Enhanced parental leave program, contributing to health savings account:

   ...For example, I hope you saw that at the beginning of the year we decreased the out-of-pocket maximums in our U.S. medical plans for all employees earning under $60,000 per year. And, for our employees in our U.S. medical plans whose base salary is $40,000 or less per year, we will provide a one-time additional $1,000 employer-seed contribution in their 2018 Health Savings Account (HAS). This is on top of the increased HSA employer contribution that was announced for the 2018 plan year. In addition, we are looking at opportunities in the coming year, and as our collective bargaining agreements expire, to:

· Establish a U.S. entry-level wage of $15.00 per hour;

· And, implement an enhanced U.S. Parental Leave policy that provides additional paid time off for new parents. - Cummins company memo excerpts

CVS Health (Woonsocket, Rhode Island) -- Company will absorb increases costs of health insurance premiums; creation of new parental leave program:

In a continuing commitment to investing in the growth and success of its employees, CVS Health (NYSE: CVS) today announced three major programs that will enable employees to share in the tax savings created by the U.S. Tax Cuts and Jobs Act. The improvements in employee wages and benefits, which are long-term and sustainable compensation investments, total $425 million annually and create continued growth opportunities for the company and its employees. The programs announced today include the following employee-focused investments:

  • As part of ensuring access to affordable health care, CVS Health will not increase employee premiums for the 2018-2019 plan year. While medical and prescription costs have increased 5% year-over-year, CVS Health will absorb the entire increase for the 100,000 employees who have elected to enroll in the company-sponsored health plan.

  • The company is also creating a new paid parental leave program. Effective April 1, 2018, full-time employees who welcome a new child into their home can take up to four weeks away from work at 100% of their pay to ensure the newest addition to their family gets off to a strong start in life.

"As part of our ongoing commitment to the patients, customers and communities we serve, we said that we would invest our tax savings back into our business, and that's exactly what we're doing," said Larry Merlo, CVS Health president and CEO. "Today, we're building on the investments we've been making in our employees, in their wages, benefits and career development. It's our employees who drive our performance and we appreciate how hard they work every day to deliver on our purpose of helping people on their path to better health." -- Feb. 8, 2018 CVS Health press release excerpts

Dollar Tree, Inc. (Chesapeake, Virginia) – Enhanced benefits including maternity leave for qualifying employees:

As noted previously, the Company benefited in the fourth quarter and fiscal 2017 with respect to the TCJA. The Company expects to continue to benefit going forward and currently estimates the benefit to be approximately $250 million for fiscal 2018. As a result of the estimated cash benefit, the Company plans to invest approximately $100 million through the following actions:

  • Invest in stores with more hours, including training for associates,

  • Invest in people with increased average hourly rates,

  • Add Family Dollar eligible associates to the Defined Contribution Plan starting in fiscal 2017 and increase contributions in fiscal 2018, and

  • Establish paid maternity leave for eligible associates   -- March 7 2018, Dollar Tree, Inc. press release excerpt

Express Scripts (St. Louis, Missouri) – Creation of education fund for employees’ children:

“The company will also create a $30 million education fund for employees' children. The fund will assist with paying for college and vocational training. “ –Feb. 28 2018, St. Louis Post-Dispatch article excerpt  

FireBird Bronze (Damascus, Oregon) – Thanks to tax reform this full-service foundry with nine employees is able to offer health insurance for the first time:

We are a small manufacturing business casting artwork for artist in bronze we have 9 employees and because of the tax cuts and the current business friendly climate we are for the first time offering employees health care insurance costing our company 40k per year.  – Rip Caswell, FireBird Bronze

GKM Auto Parts Inc. (Zanesville, Ohio) – Providing healthcare benefits to employees:

“Under the Affordable Care Act, our company has faced double digit increases in health care costs year after year, causing us to drop coverage in 2016,” said Kelly Moore, owner of GKM Auto Parts. “Because of the cost savings from tax reform, we are reinstating this important benefit for our employees…” – Kelly Moore, owner of GKM Auto Parts, article excerpt

Great Southern Wood Preserving, Inc. (Abbeville, Alabama) -- Significantly increased employee benefits: lower healthcare costs, more paid time off, scholarships, and more:

Great Southern Wood Preserving, Incorporated, has begun an active and ongoing process to increase employee benefits by reinvesting its tax savings in its people, the company has announced. The company expects full implementation to take place in 2018.

In late 2017, Congress passed and the President signed into law legislation providing significant tax breaks for corporations. Across America, many companies have chosen a variety of options for applying these savings, such as providing one-time bonuses to employees, increasing charitable giving and reinvesting in facilities upgrades.

For its part, Great Southern Wood will make investments on an ongoing basis to lower healthcare costs for eligible employees, allow employees to accrue more paid time off based on length of service, develop scholarships for dependents of employees and enhance other benefits going forward.

“I’m very pleased that every employee across the company will see the results of the change in tax laws,” said Jimmy Rane, Great Southern Wood’s founder, president and CEO. “The success we’ve enjoyed as a company comes from every one of us working hard and doing our part, and I can’t think of a better way to apply our tax savings than by further investing in benefits programs for our employees. We strive to be an employer that draws the best and brightest to our company, and we believe that providing stronger benefits is essential to this continuing effort.”

Great Southern employs almost 1,200 at locations in eleven states. [Texas, Missouri, Arkansas, Georgia, Alabama, Mississippi, Louisiana, Pennsylvania, Virginia, Maryland, Florida] -- March 29, 2018 Great Southern Wood Preserving, Inc. press release

HCA Healthcare (Nashville, Tennessee) - employee education benefits, and increased family leave :

For HCA in Nashville, the tax cut means a nearly 30 percent increase, or $2.3 billion more, in capital spending during the next three years that will go to facility improvements, new facilities and greater technology. The company expects the spending to drive growth and add jobs, CEO Milton Johnson said in a conference call this year. 

Along with initiating a 35 cent quarterly dividend to reward shareholders, HCA also announced a $300 million investment in the workforce that will go to education programs for nurses and caregivers, tuition reimbursements and scholarships for employees and greater family leave. 

"We believe these programs will help improve patient experience and create more career opportunities for our employees," Johnson said in the call. - July 29, 2018, Tennessean article excerpt

Iron Horse Energy Services Inc. (Eolia, Missouri) – Due to a lower tax burden the company is also continuing to cover 100 percent of healthcare. Said one employee:

“We were also able to maintain 100% payment of Health care even after the  astronomical yearly increases created by the affordable care act. We were looking at considerable employee participation in payment of premiums occurring this year. Thank you Mr Trump for being a businessman.”

LHC Group (Lafayette, Louisiana) – Offsetting health insurance cost increases:

A portion of the email sent to employees states:

I want to point out the positive impact the “Tax Cut and Jobs Act” will have for our company and for each of you.

As a result of this legislation, our company’s effective tax rate has been reduced from roughly 41 percent to a projected range of 29-30 percent for 2018. Because of our reduced tax burden, we will be able to make important investments in our company, including additional investments  in our greatest asset – our people. But rather than making a small, short-term financial overture, we have decided to make meaningful investments in 2018 that will positively impact our employees – in a sustainable and long-term fashion. These investments include:

·  Offsetting a portion of the future increases in health insurance premiums

We have already begun incorporating the Internal Revenue Service’s (IRS) new withholding amounts in each of your paychecks. While every employee’s situation is different, according to the government, most employees should see an increase in take-home pay as a result of the new updated tax tables.

Lowes (Mooresville, North Carolina) – Expanded benefits and maternity/parental leave; $5,000 of adoption assistance:

Lowe’s will follow rival Home Depot in giving thousands of its hourly employees a one-time bonus of up to $1,000 due to new tax legislation, according to an internal company memo reviewed by CNBC on Wednesday.

Effective May 1, Lowe's will also be expanding its benefits package for full-time workers to include paid maternity leave for 10 weeks, paid parental leave for two weeks, adoption assistance of up to $5,000, and faster eligibility for health benefits, the memo said.

"We'll continue to make investments to improve the employee and customer experience," Lowe's wrote to its workers.

The company said it will provide more details on those investments in the coming weeks. Lowe's is set to report fourth-quarter earnings Feb. 28. – Jan. 31, 2018 CNBC article excerpts

Lupo’s Meat Plant (Endicott, New York) - ability to maintain healthcare coverage:

Company President Sam Lupo says recent tax cuts have allowed the business to raise wages and maintain healthcare.

He says maintaining a small business all comes down to building strong employees.

"Our long-term employees see that, they feel it, they've taken ownership, so then when we have new employees come in, they're taking those employees under their arm, and they're saying, 'hey, we're more than just a spiedie company, we're involved in our community," said Sam Lupo, Sam A. Lupo & Sons President.

The plant has been in businesses for more than 60 years and currently has 45 employees. - May 4, 2018, Spectrum News Article Excerpt

McDonald’s (Oak Brook, Illinois) – Employees who work just 15 hours a week, receive $1500 worth of tuition assistance every year per year. The money can be applied to community college, trade schools, or a traditional 4 year university for employees or their family members:

McDonald’s Corporation today announced it will allocate $150 million over five years to its global Archways to Opportunity education program. This investment will provide almost 400,000 U.S. restaurant employees with accessibility to the program as the company will also lower eligibility requirements from nine months to 90 days of employment and drop weekly shift minimums from 20 hours to 15 hours. Additionally, McDonald’s will also extend some education benefits to restaurant employees’ family members. These enhancements underscore McDonald’s and its independent franchisees’ commitment to providing jobs that fit around the lives of restaurant employees so they may pursue their education and career ambitions. The Archways to Opportunity program provides eligible U.S. employees an opportunity to earn a high school diploma, receive upfront college tuition assistance, access free education advising services and learn English as a second language. “Our commitment to education reinforces our ongoing support of the people who play a crucial role in our journey to build a better McDonald’s,” said Steve Easterbrook, McDonald’s President and CEO. “By offering restaurant employees more opportunities to further their education and pursue their career aspirations, we are helping them find their full potential, whether that’s at McDonald’s or elsewhere.” Accelerated by changes in the U.S. tax law, McDonald’s increased investment in the Archways to Opportunity Program includes:

● Increased Tuition Investment: ○ Crew: Eligible crew will have access to $2,500/year, up from $700/year. ○ Managers: Eligible Managers will have access to $3,000/year, up from $1,050. ○ Participants have a choice for how they apply this funding – whether it be to a community college, four year university or trade school. There is no lifetime cap on tuition assistance – restaurant employees will be able to pursue their education and career passions at their own pace. The new tuition assistance is effective May 1, 2018 and retroactive to January 1, 2018.

● Lowered Eligibility Requirements: Increase access to the program by lowering eligibility requirements from nine months to 90 days of employment. In addition, dropping from 20 hours minimum to 15 hours minimum (roughly two full time shifts) per week to enable restaurant employees more time to focus on studies.

● Extended Services to Families: Extension of Career Online High School and College Advisory services to restaurant employees’ family members through existing educational partners Cengage and Council for Adult and Experiential Learning (CAEL).

● Additional Resources: Career exploration resources for eligible restaurant employees to be available later this year.

● Creation of an International Education Fund: Grants to provide local initiatives and incentives in global markets to further education advancement programs. “Since its inception, Archways to Opportunity was meant to match the ambition and drive of restaurant crew with the means and network to help them find success on their own terms,” said David Fairhurst, McDonald’s Chief People Officer. “By tripling tuition assistance, adding education benefits for family members and lowering eligibility requirements to the equivalent of a summer job, we are sending a signal that if you come work at your local McDonald’s, we’ll invest in your future.” After launching in the U.S. in 2015, Archways to Opportunity has increased access to education for over 24,000 people and awarded over $21 million in high school and college tuition assistance. Graduates have received college degrees in Business Administration, Human Resources, Communications, Accounting, Microbiology and more. – March 29, 2018 McDonald’s Corporation press release excerpt

Miles Fiberglass (Oregon City, Oregon) - Absorbing health insurance cost increases:

 Lori Miles-Olund, who is the president of the family-owned business that her father founded in 1963, explained how Miles Fiberglass plans to pass along the benefits to its employees:

She reported that, even as expenses like health insurance have gone up on the employer side, tax reform means that Miles Fiberglass will not be passing those added expenses along to its employees. And, since many employees commute from more than an hour away, Miles Fiberglass is also helping make these long commutes more affordable, providing a flat-rate gas stipend. – June 1, 2018, National Association of Manufacturers article excerpt

Rolls-Royce (Locations in 27 U.S. states) – Enhanced employee benefits. Parental leave, paid family care leave, bereavement leave and more:

Rolls-Royce has announced a new employee benefits package funded by tax credits from the 2017 Tax Cuts and Jobs Act passed by Congress.

The new package, two years in the making, introduced six-week paid parental leave of which two weeks are supplemented by credits from the tax cut. It also introduced two weeks of paid family care leave and an adjusted bereavement leave entitlement to accommodate nontraditional family structures. Other enhanced benefits include: fertility treatment, gender reassignment, equal benefits for same sex couples and bariatric surgery.

The enhanced benefit package is “less about the 1980s work-life balance and more about work-life integration,” said Summer Smith, Rolls-Royce’s head of human resources in North America.

After consulting with employee focus groups and recognizing employee needs had evolved, the leadership group determined the company, which is based in Britain, should “not be so restrictive,” Smith added. – May 3, 2018 Defense News article excerpt

Southwire (Carrollton, Georgia) – Expanded parental leave benefits:

Southwire, North America’s leading manufacturer of wire and cable solutions, recently announced that it will reinvest approximately nine million dollars back into the lives, and pockets, of its employees, joining a growing list of companies that have made similar moves as a result of recent tax reform.

In addition to the one-time bonuses, Southwire will expand its parental leave policy to assist eligible parents. – March 26, 2018 Southwire press release excerpts

South Point Hotel, Casino and Spa (Las Vegas, Nevada) - Absorbing the cost of health insurance price increases:

Following the passing of the 2018 Trump Tax Reform Bill, South Point Hotel owner Michael Gaughan will distribute more than $1 million among the property's employees. As part of the contribution, Gaughan will double all the employees' 2017 bonuses in addition to rescinding the price increase for employee health insurance.

"Las Vegas has experience a significant amount of growth over the past two years, and this tax reform will continue to drive the economy of the city," said Gaughan. "The new bill will have a monumental effect on our economy and, in turn, our property. We want to be sure that our extended family is taken of." -April 1, 2018 South Point Hotel, Casino and Spa press release excerpt

Sprouts Farmers Market (Ellicott City, Maryland) – Providing healthcare and expanding maternity leave:

The company also said it plans to use about one third of the savings from the recently-passed tax reform for “investments” in employees.

“to ensure we remain in a leadership position to attract the right talent, we will further invest in our team members by improving pay and improved benefits such as healthcare and expanding maternity leave,” Maredia said. “We will invest an additional $10 million, or approximately one-third of our tax savings, for our team members in 2018.  – Feb. 23 2018, Produce Retailer article excerpt

Starbucks Coffee Company (Seattle, Washington) – Increased sick time benefits and parental leave:

A new Partner and Family Sick Time benefit will be available to all eligible U.S. partners, which will allow partners to accrue paid sick time based on hours worked and then use them if they or a family member needs care. When this benefit goes into effect this year, Sick Time will accrue at a rate of one hour for every 30 hours worked, thus a partner working 23 hours a week can expect to accrue approximately five days of sick time benefit over the course of one year.

Starbucks has also reaffirmed their commitment to create more than 8,000 new part-time and full-time retail jobs and an additional 500 manufacturing jobs in its Augusta, Georgia soluble coffee plant.

For store partners, Starbucks has also expanded their parental leave policy to include all non-birth parents with up to 6 weeks of paid leave when welcoming a new child.” —Jan. 24 2018, Starbucks Coffee Company press release excerpt

TCW Inc. (Nashville, Tennessee) - Growing health insurance plans:

“We also put another $500,000 into our health insurance plans. We took on more of the cost of health insurance. We had the confidence to be able to do that because of these changes that are taking place and because of the economy trucking is booming right now — we have a lot of demand. - April 17, 2018 Tax Talk Roundtable, Dave Manning, President of TCW Inc.

The TJX Companies Inc. (Framingham, Massachusetts) - Paid parental leave benefits:

The 2017 Tax Act benefited the Company in the fourth quarter and full year Fiscal 2018. The Company expects to continue to benefit from the 2017 Tax Act going forward, primarily due to the lower U.S. corporate income tax rate. As a result of the estimated cash benefit related to the 2017 Tax Act, the Company is taking the following actions:

Associates:

-An incremental contribution to the Company’s defined contribution retirement plans for eligible Associates in the U.S. and internationally

-Instituting paid parental leave for eligible Associates in the U.S.

Made meaningful contributions to TJX’s charitable foundations around the world to further support TJX’s charitable giving. – Feb. 28, 2018 The TJX Companies Inc. press release excerpts

Unum (Chattanooga, Tennessee) – Creation of paid parental leave:

“On the heels of announcing record financial results for 2017, Unum (NYSE: UNM) today said, in addition to the existing all-employee annual bonus program, it is investing in its people and communities with a new paid parental leave benefit for both mothers and fathers in the U.S.; enhancements to the compensation program so that all U.S. employees earn at least $15 an hour; and an additional $1 million in charitable contributions this year in support of the communities where Unum employees live and work.” – Feb. 1 2018, Unum press release excerpt  

Walmart (Bentonville, Arkansas) – Base wage increase for all hourly employees to $11; bonuses of up to $1,000; expanded maternity and parental leave; $5,000 for adoption expenses:

Today, Walmart announced plans to increase the starting wage rate for all hourly associates in the U.S. to $11, expand maternity and parental leave benefits and provide a one-time cash bonus for eligible associates of up to $1,000. The company is also creating a new benefit to assist associates with adoption expenses. The combined wage and benefit changes will benefit the company’s more than one million U.S. hourly associates.

“Today, we are building on investments we’ve been making in associates, in their wages and skills development,” said Doug McMillon, Walmart president and CEO. “It’s our people who make the difference and we appreciate how they work hard to make every day easier for busy families.”

Associates will hear more from their managers in the coming days about details.  –  Jan. 11 2018, Walmart press release

Western Alliance Bancorporation (Phoenix, Arizona) – Enhanced maternity leave benefits:

The bank, which has about 1,700 total employees, also plans to improve maternity leave benefits, though Mr. Sarver declined to detail those changes. –Wall Street Journal article excerpt

 

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Edited by Highmark
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Just now, Highmark said:

Lots of large corporations have announced large starting wage increase due to the tax cut.

Cue the nominal bullshit from the loonies here. It isn’t a choice for companies right now. Either pay or lose staff and fail to grow. I wonder what these people do for a living that they don’t see this??? This isn’t even economics, it’s pure survival and common sense. Wages are primed to go up fast if this economy keeps growing. Even moto’s greedy capitalist can’t stop that. 

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14 minutes ago, xtralettucetomatoe580 said:

2.8% with the new tax plan not even in effect for a year yet. 

:lol:

stop, just stop.

I call BS on your and higmark's big wage increases too. I see it nowhere, just the same raises seen years before.

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49 minutes ago, xtralettucetomatoe580 said:

Are you reading the thread or just blanket posting the same response. Highmark has a graph and a 10 page quote that backs the claim up. Open your eyes MC...

It’s actually pretty amazing if you think about it.  Sheep watching is kinda interesting.

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1 hour ago, Snoslinger said:

:lol:

stop, just stop.

I call BS on your and higmark's big wage increases too. I see it nowhere, just the same raises seen years before.

You're something else. You have your eyes closed. 

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2 hours ago, xtralettucetomatoe580 said:

Cue the nominal bullshit from the loonies here. It isn’t a choice for companies right now. Either pay or lose staff and fail to grow. I wonder what these people do for a living that they don’t see this??? This isn’t even economics, it’s pure survival and common sense. Wages are primed to go up fast if this economy keeps growing. Even moto’s greedy capitalist can’t stop that. 

How can some be so fucking blind.  Not to mention those same people hope for failure, just to say "I told you so"

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4 minutes ago, f7ben said:

He's about the dumbest motherfucker here. 

I give him credit for at least having the ability to pour out his detailed thoughts into each post.  Some can’t even do that!  My god!  So dumb it’s not even possibly for them to put their idiocy into the written (typed) word!

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  • Platinum Contributing Member

Reality is there is the reporting is all over the map on wages.   Plenty of data showing both ways and its disingenuous at best to only look at wages.    

https://www.bloomberg.com/news/articles/2018-02-02/u-s-added-200-000-jobs-in-january-wages-rise-most-since-2009

U.S. hiring picked up in January and wages rose at the fastest annual pace since the recession ended, as the economy’s steady move toward full employment extended into 2018.

 
 

Nonfarm payrolls rose 200,000 -- compared with the median estimate of economists for a 180,000 increase -- after an upwardly revised 160,000 advance, Labor Department figures showed Friday. The jobless rate held at 4.1 percent, matching the lowest since 2000, while average hourly earnings rose a more-than-expected 2.9 percent from a year earlier, the most since June 2009.

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22 minutes ago, Zambroski said:

I give him credit for at least having the ability to pour out his detailed thoughts into each post.  Some can’t even do that!  My god!  So dumb it’s not even possibly for them to put their idiocy into the written (typed) word!

I give you guy credit for trying with the guy. Certainly not worth my time. This is a visual representation of his posts from my cheap seats :lol:

200w.gif

 

 

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3 hours ago, JEFF said:

Yeah, you do that a lot when you've got nothing.

  You know the country is economically better off now than 5 years ago. You're just too much of a hack to admit it. 

Debt is outta control now as it was when obama was pres. But you didn't care until trump became president. That's called hypocrisy. 

no shit! i have admitted that, many times. the economy has been improving for quite some time. but you clowns want to ignore all the previous gains and act like trump created all this. it's a fucking joke. on jan 22 2017 all of you did a 180 on the economy. amazing to watch. 

3 hours ago, xtralettucetomatoe580 said:

Are you reading the thread or just blanket posting the same response. Highmark has a graph and a 10 page quote that backs the claim up. Open your eyes MC...

corporations did similar shit during the obama years too, yet it meant nothing. you made a claim and i'd like you to back it somehow. now unless your employees are making $100 an hour, i still say your claim is BS. especially if they're in the $10-15 hour range. did you forget the national average  wage increase is........

 

 

 

 

 

 

2.8%?

:lmao:

fucking ben, what a stool

 

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1 minute ago, Snoslinger said:

no shit! i have admitted that, many times. the economy has been improving for quite some time. but you clowns want to ignore all the previous gains and act like trump created all this. it's a fucking joke. on jan 22 2017 all of you did a 180 on the economy. amazing to watch. 

corporations did similar shit during the obama years too, yet it meant nothing. you made a claim and i'd like you to back it somehow. now unless your employees are making $100 an hour, i still say your claim is BS. especially if they're in the $10-15 hour range. did you forget the national average  wage increase is........

 

 

 

 

 

 

2.8%?

:lmao:

fucking ben, what a stool

 

Yes our starting wages depending on job was $13-20. We are now offering the same positions for $15-25. How would you like me to prove that lol? You want a plant tour and a job interview? Even more so, we are actively recruiting from competitors meaning we are paying people with experience at a premium wage to what they were being paid. Sorry it’s not all doom and gloom. We are even considering  further pay increases for experienced electricians and maint staff. 

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6 minutes ago, Snoslinger said:

how cute. the national average, facts, and my personal experiences with talking to people are about the same. but a couple of retarded snowmobilers, fans of trump, see things much differently. who to believe????

 

:lol:

 

 

You talked to some moonbat anti trump people, and we are actively hiring and raising hourly and salary workers pay in manufacturing environments. Who to believe???

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Just now, xtralettucetomatoe580 said:

You talked to some moonbat anti trump people, and we are actively hiring and raising hourly and salary workers pay in manufacturing environments. Who to believe???

nope. quite a bit of trumpsters really, especially this last weekend at a wedding reception. but keep on peddling your BS deflections instead of presenting facts. are your employees union? what is the average pay of these people getting $2-3 increases?

 

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