Keyword: bonuses
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Air Force pilots and others in rated fields who opt to stay in uniform can earn up to $600,000 over 12 years under the latest round of retention bonuses announced Nov. 30. The fiscal year 2024 incentives offer manned aircraft and drone pilots, combat systems operators and air battle managers an extra $15,000 to $50,000 per year, depending on their assigned aircraft and the years to which they commit. Annual bonus pay programs aim to keep airmen around to blunt the effects of a pilot shortage that has lasted decades, robbing the service of aviators in policy jobs that rely...
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Documents reveal that the federal government and insurers incentivized healthcare providers in Kentucky and California to vaccinate Medicaid patients against COVID-19 by offering bonuses based on the percentage of patients successfully vaccinated. ... The federal government and insurers incentivized healthcare providers in Kentucky and California to vaccinate Medicaid patients against COVID-19 by offering bonuses based on the percentage of patients successfully vaccinated. “[This is] truly sickening and I am embarrassed for my profession by this,” Dr. Meryl Nass, an internist and biological warfare epidemiologist, wrote on her Substack, where she posted several documents relating to the COVID-19 vaccine provider incentive...
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A “Climate Modifier” bonus for top executives is among the tactics being used to advance the Royal Bank of Canada’s (RBC) environmental, social and governance (ESG) goals, the bank revealed Monday, announcing the publication of its 2022 Climate Report and ESG Performance Report. “These reports reflect the importance that RBC places on identifying, understanding and responding to the ESG topics that matter most to our stakeholders and our business,” RBC explains in its press release. RBC goes on to tout its efforts to use its power as a financial institution to solve the world’s problems: “They also reflect our belief...
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For a nation accustomed to instant gratification, the Tax Cuts and Jobs Act is a winner.Before President Donald Trump even signed the bill, companies were announcing employee pay raises, bonuses, and increased investments to grow their businesses and bring operations back from overseas.Among the first out of the gate was AT&T, which said it would give $1,000 bonuses to more than 200,000 nonmanagement employees and make an additional $1 billion investment in the United States. Boeing put $100 million toward training, education, and other workforce development. Walmart expanded paid parental leave and boosted starting wages to $11 an hour.Then in...
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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...
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(Image via J.M. Smucker Company) The J.R. Smucker company announced last week that 5000 employees will be receiving $1000 bonuses as a result of the Republican tax plan. They also plan to add $20 million to the employee pension program and donate an additional $1 million to charity. "We had a strong third quarter, with sales growth for key brands in every business and strong earnings per share growth fueled by the benefits of U.S. income tax reform and ongoing cost discipline," said Mark Smucker, chief executive officer, in a press release. "These results reflect our commitment to delivering...
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Full Title: Billions of Crumbs: Over $3 Billion in Bonuses Given to American Workers So Far Because of Tax Cuts and Jobs ActWASHINGTON, D.C. - Over $3 billion in bonuses have already gone out to American workers all over the country thanks to the Tax Cuts and Jobs Act's enactment less than two months ago, with over 300 companies passing on the savings they see under this bill to their employees with bonuses, pay raises, better benefits, and more job opportunities.These billions in bonuses come as 90% of workers across the country will begin to see higher paychecks as their...
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The American economy is on track to grow at a 5.4 percent annualized rate in the first quarter of this year, the Atlanta Federal Reserve’s GDPNow forecast model showed on Monday. The regional Fed’s forecast rose from last week’s 4.2 percent growth following a report on manufacturing that showed more expansion than expected. The forecast of real consumer spending growth rose from 3.1 percent to 4.0 percent, while the forecast of investment growth soared from 5.2 percent to 9.2 percent. This is an early reading, based on just one-months data. Even the most optimistic economists do not expect the economy...
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WHITE SULPHUR SPRINGS, W.Va. — President Trump on Thursday likened House Minority Leader Nancy Pelosi’s calling the recent tax law-related bonuses “crumbs” to Hillary Clinton’s infamous “deplorable” comments from the 2016 campaign. “That could be like ‘deplorable,’ ” Mr. Trump said of Mrs. Pelosi’s comments. “Those two words — they seem to have a resemblance. I hope it has the same meaning.”
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Florida congresswoman and former DNC chief Debbie Wasserman Schultz joined House Minority Leader Nancy Pelosi on Thursday to ridicule the economic repercussions of recent tax reform legislation. An audience at Florida Atlantic University witnessed Ms. Pelosi double down this morning on her recent “crumb” criticism of cash bonuses given out by companies like Apple, AT&T, Boeing, Comcast, Disney, Home Depot, Fiat Chrysler, Southwest Airlines, Verizon, Wal-Mart and Well Fargo. The event, which was sponsored by the group Not One Penny, included Ms. Wasserman Schultz’s assertion that $1,000 doesn’t go “very far almost anyone.”
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An appropriate bookend to yesterday's post , which mentioned the aspiring Speaker's "crumbs" comment, an instant Pelosi classic. Throughout the tax reform debate, liberals pounded the table insisting that corporate tax cuts would not benefit workers or consumers -- just fat cat shareholders and executives. But much like they were disastrously wrong about how much tax reform would benefit working and middle income households, they've also been proven wrong on the corporate side, as literally millions of Americans workers have already received bonuses, wage increases, improved bonuses and other concrete benefits. (Incidentally, if you missed it earlier, this clip...
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If you want to see for yourself how absolutely out of touch Democrats are about tax cuts you need look no further than this ABSOLUTELY EPIC video montage of fear-mongering from Dems followed by the reality of the tax cuts passage. Seriously, any Republican running this year should play this video to illustrate how damn dumb some of these people really are, WATCH: *snip* And wow, watching these so-called experts poo-poo all over tax cuts with their gloom and doom only to be proven wrong over and over again with ACTUAL reporting on the positive impacts the cuts are having...
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Over 1 million American workers with over 100 companies are set to receive a bonus, pay hike or retirement increase as a direct result of President Trump’s tax reform package.The latest list from Americans for Tax Reform, which has been collecting the names of firms paying the Trump bonus, finds that some are paying as much as $3,000.Many of those firms have reached out to Secrets to get added to the list since we’ve been publishing ATR’s list compiled by the tax reform advocate’s communications chief John Kartch.One company, IAT Insurance of Raleigh, N.C., wrote Secrets today asking to be...
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Full title:Run Away, Claire: McCaskill Refuses To Comment On Local Bank Doling Out Bonuses Thanks To Trump’s Tax Bill Sen. Claire McCaskill (D-MO) is one of the most vulnerable Democrats heading into the 2018 elections. Her state went heavily for Trump, who won it 57/38 over Hillary Clinton in the 2016 election. It’s possible she could have been voted out in 2012, but was saved when her Republican opponent, Rep. Todd Akin, made the infamous “legitimate rape” gaffe that torched his senate candidacy. Now, as we enter 2018, McCaskill might have to answer for another blunder: voting against the GOP’s...
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Full title: 'Armageddon:' Major Companies Announce Hiring, Bonuses, Raises, and Charitable Donations Thanks to Tax Reform Nancy Pelosi is running out of hysterical pejoratives to hurl at the now-passed GOP tax reform bill, which will cut taxes for 80 percent of Americans. She's already called it "armageddon," and the "end of the world," adding " Frankenstein " to the list just today. Oh, and poor little "Tiny Tim!" These are patent absurdities. The bill is a mostly-good mixed bag that will make US companies more competitive and allow the overwhelming majority of taxpayers to keep more of the money they...
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Puerto Rico Gov. Ricardo Rossello last month asked federal taxpayers to shell out $94 billion to pay for the territory’s recovery from Hurricane Maria — then turned around and paid out about $100 million in Christmas bonuses to government employees on the island. The governor’s aides say the bonuses were part of a long-standing tradition and were included in the budget approved over the summer. But that budget came well before Hurricanes Irma and Maria slammed into Puerto Rico, leaving much of the territory in ruin and the government begging for federal assistance. The island’s financial oversight board, created by...
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The Pentagon is seeking to recover decade-old reenlistment bonuses paid to thousands of California Army National Guard soldiers to go fight in Iraq and Afghanistan, the Los Angeles Times reported Saturday. The paper reported that nearly 10,000 soldiers, many of whom risked their lives during multiple combat tours, have been ordered to repay the cash bonuses after audits revealed widespread overpayments by California Guard officials under pressure to meet enlistment targets at the height of the wars 10 years ago.
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How much can you earn working for the Iranian state? That question is trending online in Iran, after the payslips of several employees were leaked online and published by several media outlets. They showed not just inflated salaries, but what appear to be bonuses, interest-free loans and significant overtime payments. In one instance, a bank manager at a state bank was shown to have received £50,000 in one month. By contrast, other public servants - including those who identified themselves as teachers, nurses and journalists - have published monthly payslips showing some of them are paid much more modest salaries...
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In life and leadership, accountability means consequences for bad behavior. In Washington, accountability means yet another congressional meeting about another government scandal perpetrated by tax-subsidized corruptocrats who get away with murder. Literally. This week, the House Committee on Veterans' Affairs will hold the 999,999th oversight hearing (give or take a few) on the VA's homicidal, no-fault culture. "In the wake of the biggest scandal in VA history, in which 110 VA medical facilities maintained secret lists to hide long waits for care," the panel notes, "the department has successfully fired just three low-level employees for manipulating wait times. Not a...
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The Department of Veterans Affairs VA shelled out more than $142 million in performance bonuses in 2014, the same year that the VA's healthcare scandal exploded and revealed the VA was systematically denying veterans access to health care. The average individual payout was over $900 for the thousands of employees. A total of 156,000 VA workers qualified for bonuses as a result of being rated them "fully successful" or higher at carrying out their responsibilities last year, including officials at delay-prone hospitals. But those ratings were later found to be inflated, as the vast majority of workers were getting rated...
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