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Best Buy Giving Bonuses Because Of Corporate Tax Cuts
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usmbacker Offline
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Best Buy Giving Bonuses Because Of Corporate Tax Cuts
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Crumbs. Has anything like this happened under any Democratic president, millions getting benefits directly attributable to actions? Answer: no.

Quote:Best Buy is the latest major corporation to hand out worker bonuses and to make additional charitable donations as a result of the recently passed corporate tax cuts.

In a letter to employees Friday, CEO Hubert Joly said full-time workers will receive a one-time bonus of $1,000 and part-timers, $500.

All permanent employees who are not on an existing bonus plan will receive the additional funds. The bonuses will show up in workers’ paychecks this month.

In all, more than 100,000 of Best Buy’s 125,000 employees in the U.S., Mexico and Canada are expected to receive the extra cash.

In addition, the Richfield-based retailer is making a one-time contribution of $20 million to the Best Buy Foundation to help further expand its teen tech centers and Geek Squad academies across the United States. A portion also will be used to create a nationwide employee volunteer program aimed at teenagers and technology.

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02-03-2018 06:47 PM
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Bull_Is_Back Offline
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RE: Best Buy Giving Bonuses Because Of Corporate Tax Cuts
Best Buy is a great company to work for, Joly runs a tight ship but they treat their people well.... The 25K people not included would be the corporate full timers, this will go to the people working in the stores.
02-03-2018 07:19 PM
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