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Keyword: bonus

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  • Nancy Pelosi Backtracks on ‘Crumbs’ Tax Reform Comment: ‘We Are Thankful Whenever Workers...'

    03/09/2018 10:17:43 PM PST · by Libloather · 25 replies
    Breitbart ^ | 3/09/18 | Sean Moran
    Nancy Pelosi Backtracks on ‘Crumbs’ Tax Reform Comment: ‘We Are Thankful Whenever Workers Get Bonuses’ House Minority Leader Nancy Pelosi (D-CA) backtracked on her “crumbs” comment about tax reform, admitting that “we are thankful whenever workers get bonuses.” Pelosi admitted in a tweet on Thursday, “Certainly we are thankful whenever workers get bonuses. But it is incredibly telling that companies by-and-large chose to give out one-time bonuses, and not long-term raises.” Pelosi’s backtrack is a stark contrast to comments she made in February where she called the Tax Cuts and Jobs Act “unpatriotic” at a town hall in Arizona.
  • EXCLUSIVE: Boeing Executives Plotted to Stop Employee Bonuses to Keep Trump from Getting the Credit

    02/21/2018 4:30:38 PM PST · by Enchante · 57 replies
    Washington Reporter ^ | February 21, 2018 | Jacob Wohl
    Starting in late 2017, Boeing executives discussed plans to conceal employee bonuses or cancel them altogether in order to keep President Trump from getting credit, following the passage of the Republican tax-reform bill. On a series of conference calls led by Boeing’s Senior Vice President of Communications Phil Musser, Musser proposed and lobbied for canceling bonuses out of fear that the company may contribute to President Trump’s rising approval rating. Before Musser worked as a high level Boeing’s communications staffer in Washington, his employment history included public and media relations work for Mitt Romney’s 2012 Presidential Campaign and The Freedom...

    01/11/2018 11:38:02 AM PST · by DFG · 10 replies
    Powerline ^ | 01/11/2018 | Steven Hayward
    Further to my post earlier today about how the corporate tax cut is extending benefits immediately to workers and consumers, Yahoo finance has put together a rundown of the 81 companies that have announced bonuses or new employee benefits because of the tax change:
  • I Received My Trump Bonus Yesterday!

    01/09/2018 4:12:29 AM PST · by usconservative · 20 replies
    Self ^ | 1/9/2018 | USConservative
    Received my Trump Bonus yesterday! A cool $1,000 added to our annual bonus. Email from the CEO cited the new corporate tax law signed by President Trump and the bank's desire to retain the best talent as the economy ramps up.
  • South Point owner giving employees $1M thanks to President Trump

    01/05/2018 8:51:48 AM PST · by gubamyster · 7 replies
    Action 13 News ^ | 01/04/2018 | Joyce Lupiani
    The owner of South Point, Michael Gaughan, has announced that he will be giving employees an extra $1M this year because of President Donald Trump's tax reform bill. “Las Vegas has experienced a significant amount of growth over the past few years, and this tax reform will continue to drive the economy for 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 care of.” He also said that employee bonuses will double this year. In addition, he is...
  • Jet Blue joins companies offering $1000 bonus to employees

    01/04/2018 2:53:20 PM PST · by jazusamo · 7 replies
    The Hill ^ | January 4, 2014 | John Bowden
    JetBlue Airlines said Thursday that the company will pay out $1000 bonuses to employees as a result of the passage of the GOP tax plan. The airline joins a growing list of companies announcing bonuses to employees after the passage of the bill, which President Trump signed into law last month. The company said in a statement it would pay "every Crewmember employed as of December 31, 2017, a $1,000 bonus by the end of February." The move comes two days after competitor Southwest Airlines announced a bonus for the same amount, which will go into effect this month. Southwest...
  • AT&T to boost capex by $1 billion, pay out $200 million in bonuses after tax bill is signed

    12/20/2017 12:03:59 PM PST · by knittnmom · 14 replies
    Market Watch ^ | 12/20/2017 | Tomi Kilgore
    AT&T Inc. T, +1.24% said it plans to boost capital spending by $1 billion, and pay out more than $200 million in employee bonuses, once the tax bill approved by Congress is signed into law. The telecom company for the bonuses, it will pay a $1,000 special bonus to more than 200,000 employees in the U.S., all who are union-represented, non-management and front-line managers. The company said if President Donald Trump signs the bill before Christmas, the bonuses will be paid over the holidays. "This tax reform will drive economic growth and create good-paying jobs," said Chief Executive Randall Stephenson.
  • AT&T is giving $1,000 bonuses to 200,000 employees after tax bill

    12/20/2017 12:02:45 PM PST · by Red Badger · 45 replies
    CNBC ^ | 12/20/2017 | Anita Balakrishnan | Ari Levy
    AT&T is paying bonuses of $1,000 to more than 200,000 U.S. employees. AT&T's CEO said it was in response to tax reform. The House of Representatives on Wednesday sent tax reform legislation to President Donald Trump, who is expected to sign it soon. AT&T to invest $1 billion following tax reform passage AT&T to invest $1 billion in capital spending following tax reform passage 20 Mins Ago | 03:21 AT&T was quick to respond to news of U.S. tax reform, announcing it would give some employees bonuses once the law is official. The telecom giant said in a press release...
  • Lawsuit: Whole Foods managers were fired for whistleblowing

    12/27/2016 11:51:24 AM PST · by bgill · 14 replies
    keyetv ^ | Dec. 27, 2016 | Ben Nuckols
    Nine managers who were fired by Whole Foods supermarkets for allegedly manipulating a bonus program have filed a class-action lawsuit against the grocery chain. The lawsuit filed this week in D.C. Superior Court says the managers were fired for blowing the whistle on a company-wide practice of not paying bonuses earned by employees. The former managers say Whole Foods engaged in "systemic wage theft" at its stores nationwide and that the managers were punished for it after a "sham internal investigation."
  • Shareholders Outraged At BP, Shell CEO Pay Packages

    05/23/2016 11:52:14 AM PDT · by bananaman22 · 5 replies ^ | 21-05-2016 | ANgry Bird
    The massive revolt against the pay of BP’s chief executive, Bob Dudley, where almost 60 percent of the shareholders rejected the Ł14m (US$20 million) pay package is a stern warning to oil companies that investors aren’t pleased with the gaping disconnect between performance and pay structure. Similarly, Royal Dutch Shell CEO Ben Van Beurden’s 2015 pay package, including pension and tax equalization of 5.576 million euros (US$6.1 million), is likely to face resistance from shareholders as two shareholder-advisory firms have urged them to oppose the CEO’s pay.
  • Video: VA officials punished in 2014 for systemic fraud by … getting $142 million in bonuses

    11/12/2015 5:43:43 PM PST · by SeekAndFind · 8 replies
    Hotair ^ | 11/12/2015 | Ed Morrissey
    Remember when then-VA Secretary Eric Shinseki announced in May 2014 that bonuses would be canceled in light of the systemic fraud involving wait lists at numerous VA facilities? What Shinseki failed to mention was that the cancellation only impacted a small number of VA officials. USA Today reports that the Veterans Administration paid out more than $142 million in bonuses for 2014, despite the fact that veterans are waiting longer than ever for care: The Department of Veterans Affairs doled out more than $142 million in bonuses to executives and employees for performance in 2014 even as scandals over...
  • DEA agents caught in Colombian prostitution scandal punished with… bonuses

    10/24/2015 5:03:33 PM PDT · by SeekAndFind · 9 replies
    Washington Post article on Hotair ^ | 10/24/2015 | Jazz Shaw
    This is a story that took place early in the year, so with all the water that’s passed under the bridge since then it might call for a quick refresher course. Do you remember these DEA agents who were working to foil the cartels in Colombia? Drug Enforcement Administration agents allegedly had “sex parties” with prostitutes hired by local drug cartels overseas over a period of several years, according to a report released Thursday by the Justice Department’s watchdog.The report did not specify the country where the parties occurred, but a law enforcement official familiar with the matter identified...
  • Obamacare Employees Behind Failed Oregon Exchange Now Getting Cushy Bonuses

    06/25/2014 2:34:04 AM PDT · by Libloather · 6 replies
    Daily Caller ^ | 6/24/14 | Sarah Hurtubise
    Now that Oregon’s Obamacare exchange has entirely given up on fixing or running its own Obamacare website, the state exchange is handing out hundreds of thousands of dollars in taxpayer funding as bonuses to employees that stick around until the federal government takes over. “Many of the employees who voluntarily left Cover Oregon had key skills that are not easily replaced both in IT and in health care laws and regulations,” interim director Clyde Hamstreet wrote to the exchange’s board, Oregon Live reports. “We cannot afford to keep losing valuable employees if we are to complete the workload for the...
  • VA Hospital Director Where 40 Died Received Bonus Last Month

    05/21/2014 1:40:11 PM PDT · by Nachum · 20 replies
    Free Beacon ^ | 5/20/14 | staff
    The director of the Phoenix VA hospital received an $8,500 pay bonus last month even as allegations of 40 deaths resulting from excessive wait times for care were being investigated, according to the Weekly Standard. VA Secretary Eric Shinseki is reportedly responsible for signing off on performance ratings and rewards, but the department’s chairman Jeff Miller said the bonus was the result of “an administrative error.” The Weekly Standard reports: Sharon Helman, the director of the Phoenix Veterans Affairs Health Care System, ”got an $8,500 bonus last month while there was an open [inspector general] investigation into Phoenix,” Chairman Miller...
  • The IRS bonus scandal demonstrates that it's time for the GOP to wake up and run against the IRS

    04/23/2014 7:28:03 AM PDT · by SeekAndFind · 18 replies
    American Thinker ^ | 04/23/2014 | Thomas Lifson
    The partisan bureaucrats at the IRS who were ready and willing to harass conservative groups are just the tip of the iceberg at a corrupt and irresponsible agency that just happens to be the most unpopular and feared arm of the federal government. So self-serving is the agency that it actually paid bonuses – many bonuses – to employees who were delinquent in their own taxes. Gail Sullivan of the Washington Post reports: A report from the Treasury Inspector General for Tax Administration shows that between Oct. 1, 2010, and Dec. 31, 2012, the IRS paid $2.8 million in bonuses to employees...
  • IRS Workers Disciplined For Misconduct Were Awarded Bonuses

    04/22/2014 6:27:09 PM PDT · by SeekAndFind · 28 replies
    Wall Street Journal ^ | 04/22/2014 | John D. McKinnon
    More than 2,800 Internal Revenue Service employees who recently had been disciplined received performance bonuses totaling more than $2.8 million between Oct. 1, 2010 and Dec. 31, 2012, a government audit found. The misconduct ranged from failure to pay taxes to misuse of government travel cards, violation of official-conduct standards and fraud, according to the report by the Treasury Inspector General for Tax Administration. The discipline included written reprimands, suspensions and even removal. The oversight agency said some of the conduct issues might have occurred after an employee earned a bonus. While the IRS doesn't prohibit bonuses, "providing awards to...
  • 481 Barclays Employees Were Paid Over 1 Million Pounds In 2013, Despite Losses, Mass Layoffs

    03/05/2014 9:30:05 AM PST · by SeekAndFind · 42 replies
    Zero Hedge ^ | 03/05/2014 | Tyler Durden
    It was less than a month ago when Barclays announced it would fire 12,000 workers after posting abysmal earnings with Q4 banking income crashing 37% and overall income sliding 9%. So, one would think, its employees would be punished with lower pay - those that are lucky enough to keep their jobs of course. One would be wrong. Reuters just reported that 481 of Barclays employees were paid 1 million pounds ($1.7 million) or more last year, 53 more than in the year before, and most of them were based in the United States.The headscratcher continues: Barclays said 57...
  • IRS employees to receive bonuses

    02/04/2014 9:13:46 AM PST · by SeekAndFind · 13 replies
    American Thinker ^ | 02/04/2014 | Rick Moran
    Because they're doing such a great job, right? The Hill: The IRS has given the green light to tens of millions of dollars in employee bonuses, a decision that congressional Republicans immediately rebuked.IRS employees will receive around $43 million in bonuses this spring under an agreement reached with the National Treasury Employees Union, which represents some agency employees.Union officials said that total was well short of the $75 million that the employees were owed under their labor agreement. But in the wake of last year's targeting controversy, Sen. Orrin Hatch (R-Utah) quickly and sharply criticized the decision to give...
  • Obama Dooms Seniors to Ravages of Aging

    01/02/2014 3:01:01 AM PST · by afraidfortherepublic · 51 replies
    Accuracy in Media ^ | 1-2-14 | Betsy McCaughey
    On Oct. 1, 2012 the Obama administration started awarding bonus points to hospitals that spend the least on elderly patients. It will result in fewer knee replacements, hip replacements, angioplasty, bypass surgery and cataract operations. These are the five procedures that have transformed aging for older Americans. They used to languish in wheelchairs and nursing homes due to arthritis, cataracts and heart disease. Now they lead active lives. But the Obama administration is undoing that progress. By cutting $716 billion from future Medicare funding over the next decade and rewarding the hospitals that spend the least on seniors, the Obama...
  • Former Senior EPA Advisor Beale Expected to Plead Guilty in $900,000 Pay Fraud

    09/05/2013 4:16:07 AM PDT · by afraidfortherepublic · 14 replies
    The Washington Post ^ | 9-5-13 | Ann Marimow & Lenny Bernstein
    Over the past 12 years, John C. Beale was often away from his job as a high-level staffer at the Environmental Protection Agency. He cultivated an air of mystery and explained his lengthy absences by telling his bosses that he was doing top-secret work, including for the CIA. For years, apparently, no one checked.