More money going to employees as a result of the new tax reform law.
A growing number of companies are announcing plans to be more generous to their employees as a result of the new tax reform law.
Americans for Tax Reform (ATR) is maintaining a dynamic list of businesses that announce increased spending on employees “thanks to tax cuts.” ATR is also soliciting news of additional company announcements.
Businesses related to the financial services industry comprise more than a third of the nearly one hundred company announcments.
Except where noted, companies listed below (as of Jan. 4, 2018 – 2:25 p.m. ET) have announced either bonuses or wage increase, or both:
- AT&T
- AAON
- AccuWeather
- Aflac
- American Airlines
- American Bank
- American Savings Bank
- Americacollect
- Aquesta Financial Holdings
- Associated Bank
- Ball Ventures - T.B.A.
- Bank of America
- Bank of Hawaii
- Bank of the Ozarks
- BB&T
- Boeing – Charitable Donations, Workforce Development, Infrastructure/Facilities
- Canary LLC – Increased hiring
- Central Pacific Bank
- Citizens Financial Group
- Colling Pest Solutions – T.B.A.
- Comcast
- Comerica Bank
- Commerce Bank
- Community Trust Bancorp
- Copperleaf Assisted Living
- Cornerstone Holdings – T.B.A.
- Dayton T. Brown Inc.
- Delaware Supermarkets Inc.
- DePatco, Inc. – T.B.A.
- Eagle Ridge Ranch – T.B.A.
- East Idaho News – T.B.A.
- Elite Roofing Systems – T.B.A.
- Elite Clinical Trials – T.B.A.
- Emkay, Inc.
- Ennis, Inc.
- Express Employment Professionals
- Fifth Third Bancorp
- First Farmers Bank & Trust
- First Hawaiian Bank
- First Horizon National Corp.
- Frank L. VanderSloot Foundation – T.B.A.
- Fort Ranch – T.B.A.
- Gardner Company – T.B.A.
- Gate City Bank
- Get Found First – T.B.A.
- IAT Insurance Group
- INB Bank
- InUnison Inc. – T.B.A.
- Kansas City Southern
- Kauai Cattle LLC – T.B.A.
- Melaleuca
- Move It Or Lose It Moving LLC – T.B.A.
- National Bank Holdings Corporation
- Nationwide Insurance
- Natural Guardian – T.B.A.
- Navient
- Nelnet
- OceanFirst Financial Corp.
- Ohnward Bancshares
- Old Dominion Freight Line Inc.
- Pinnacle Bank
- PNC Financial Services Group, Inc.
- Regions Financial Corporation
- Resident Construction LLC – T.B.A.
- Riverbend Communications – T.B.A.
- Riverbend Management, Inc. – T.B.A.
- Riverbend Ranch – T.B.A.
- Riverbend Services – T.B.A.
- Rush Enterprises
- Sheffer Corporation
- Sinclair Broadcast Group
- Smith Chevrolet – T.B.A.
- Smith Honda – T.B.A.
- Smith RV – T.B.A.
- Southwest Airlines
- Steel Design LLC – T.B.A.
- Stifel Financial Corporation
- TCF Financial Corporation
- The Flood Insurance Agency
- Territorial Savings Bank
- Tokio Marine HCC – T.B.A.
- Total System Services
- Turning Point Brands, Inc.
- Unity Bank
- U.S. Bancorp
- Washington Federal
- Wells Fargo
- Western Alliance – T.B.A.
- Willow Creek Woodworks – T.B.A.
- Windsor Federal Savings
See full details, updates and how to submit additional announcements on the Americans for Tax Reform website.