- Moderator
- #1
Of companies hoarding all that extra cash they just got from the corporate tax break and handing out big fat dividends to their millionaire shareholders, just like Democrats said they would.
Oh..... wait.......
Oh..... wait.......
The company said it will provide an additional $1000 cash payment to 47,500 employees and $1,500 to their existing pension accounts.
The cash payment to 47,500 employees was estimated to reach 90% of PNC employees. It is set for all employees below an unspecified compensation band.
PNC Financial Services said they will raise the minimum pay rate to $15-an-hour by the end of 2018.
PNC Bank Announces Employee Cash bonuses After Tax Reform Bill