Just a thought but yeah, I'm doing this from now on
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Thank you Trump $$
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On top of what it does for each of us personally, a lot of companies are sharing their tax savings with their employees. My company just announced that the expected effect of the corporate tax rate reduction will be $5 million per year. $1.9 million of that is going back to the employees.
Some of the high points in that $1.9 million is taking our base pay rate from a bottom end of $9 per hour to $14 per hour as well as increasing 401k match for all employees from 6% to 7%.
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Originally posted by RdRdrFan View PostOn top of what it does for each of us personally, a lot of companies are sharing their tax savings with their employees. My company just announced that the expected effect of the corporate tax rate reduction will be $5 million per year. $1.9 million of that is going back to the employees.
Some of the high points in that $1.9 million is taking our base pay rate from a bottom end of $9 per hour to $14 per hour as well as increasing 401k match for all employees from 6% to 7%.
Sent from my iPhone using Tapatalk
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Originally posted by RdRdrFan View PostOn top of what it does for each of us personally, a lot of companies are sharing their tax savings with their employees. My company just announced that the expected effect of the corporate tax rate reduction will be $5 million per year. $1.9 million of that is going back to the employees.
Some of the high points in that $1.9 million is taking our base pay rate from a bottom end of $9 per hour to $14 per hour as well as increasing 401k match for all employees from 6% to 7%.
Sent from my iPhone using Tapatalk
Comment
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Originally posted by RdRdrFan View PostOn top of what it does for each of us personally, a lot of companies are sharing their tax savings with their employees. My company just announced that the expected effect of the corporate tax rate reduction will be $5 million per year. $1.9 million of that is going back to the employees.
Some of the high points in that $1.9 million is taking our base pay rate from a bottom end of $9 per hour to $14 per hour as well as increasing 401k match for all employees from 6% to 7%.
Sent from my iPhone using Tapatalk
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Originally posted by Ironman View PostIt's my understanding that law makers in California have written a bill that would force companies to pay 50% of their tax savings to the state. Can't make this stuff up.
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Originally posted by JonBoy View PostThat's awesome you're company is doing this but I would bet that it's more the exception rather than the rule. I haven't heard one company near me (including my own) talk or announce that they're giving a significant portion of their tax savings back to the employees. Of course I would love to be wrong on this
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