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List: Companies Giving Bonuses, Wage Hikes Due to Trump Tax Cuts

Craig Bannister
By Craig Bannister | January 4, 2018 | 3:56 PM EST

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:

  1. AT&T
  2. AAON
  3. AccuWeather
  4. Aflac
  5. American Airlines
  6. American Bank
  7. American Savings Bank
  8. Americacollect
  9. Aquesta Financial Holdings
  10. Associated Bank
  11. Ball Ventures - T.B.A.
  12. Bank of America
  13. Bank of Hawaii
  14. Bank of the Ozarks
  15. BB&T
  16. Boeing – Charitable Donations, Workforce Development, Infrastructure/Facilities
  17. Canary LLC – Increased hiring
  18. Central Pacific Bank
  19. Citizens Financial Group
  20. Colling Pest Solutions – T.B.A.
  21. Comcast
  22. Comerica Bank
  23. Commerce Bank
  24. Community Trust Bancorp
  25. Copperleaf Assisted Living
  26. Cornerstone Holdings – T.B.A.
  27. Dayton T. Brown Inc.
  28. Delaware Supermarkets Inc.
  29. DePatco, Inc. – T.B.A.
  30. Eagle Ridge Ranch – T.B.A.
  31. East Idaho News – T.B.A.
  32. Elite Roofing Systems – T.B.A.
  33. Elite Clinical Trials – T.B.A.
  34. Emkay, Inc.
  35. Ennis, Inc.
  36. Express Employment Professionals
  37. Fifth Third Bancorp
  38. First Farmers Bank & Trust
  39. First Hawaiian Bank
  40. First Horizon National Corp.
  41. Frank L. VanderSloot Foundation – T.B.A.
  42. Fort Ranch – T.B.A.
  43. Gardner Company – T.B.A.
  44. Gate City Bank
  45. Get Found First – T.B.A.
  46. IAT Insurance Group
  47. INB Bank
  48. InUnison Inc. – T.B.A.
  49. Kansas City Southern
  50. Kauai Cattle LLC – T.B.A.
  51. Melaleuca
  52. Move It Or Lose It Moving LLC – T.B.A.
  53. National Bank Holdings Corporation
  54. Nationwide Insurance
  55. Natural Guardian – T.B.A.
  56. Navient
  57. Nelnet
  58. OceanFirst Financial Corp.
  59. Ohnward Bancshares
  60. Old Dominion Freight Line Inc.
  61. Pinnacle Bank
  62. PNC Financial Services Group, Inc.
  63. Regions Financial Corporation
  64. Resident Construction LLC – T.B.A.
  65. Riverbend Communications – T.B.A.
  66. Riverbend Management, Inc. – T.B.A.
  67. Riverbend Ranch – T.B.A.
  68. Riverbend Services – T.B.A.
  69. Rush Enterprises
  70. Sheffer Corporation
  71. Sinclair Broadcast Group
  72. Smith Chevrolet – T.B.A.
  73. Smith Honda – T.B.A.
  74. Smith RV – T.B.A.
  75. Southwest Airlines
  76. Steel Design LLC – T.B.A.
  77. Stifel Financial Corporation
  78. TCF Financial Corporation
  79. The Flood Insurance Agency
  80. Territorial Savings Bank
  81. Tokio Marine HCC – T.B.A.
  82. Total System Services
  83. Turning Point Brands, Inc.
  84. Unity Bank
  85. U.S. Bancorp
  86. Washington Federal
  87. Wells Fargo
  88. Western Alliance – T.B.A.
  89. Willow Creek Woodworks – T.B.A.
  90. Windsor Federal Savings

See full details, updates and how to submit additional announcements on the Americans for Tax Reform website.


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