(02-02-2018 02:53 PM)Mr_XcentricK Wrote:  

(02-02-2018 02:34 PM)Redwingtom Wrote:  

(02-02-2018 02:28 PM)EverRespect Wrote:  People that have shown the loyalty to the team to stick around and grow with them deserve bigger bonuses.

Of course. But that was not the corporate and GOP spin put forth.

How many people that have stuck with a company for 20+ years are in position to need a $1000 bonus? It is not peanuts and obviously you don't not take it but how many really NEED it?

You have no clue.

A 20 year employee at Home Depot could use that money for many needs. Maybe one of their children is about to graduate or has already completed high school and money is needed for education. Maybe the money could be used to pay for medical expenses. Maybe they need a new hot water heater in their basement, need to patch their 20 year roof on their house, new windows... see, the thing about owning property is that after so many years you have to replace things (and its not cheap).

I make a lot more money than your typical HD employee . I am married with three children and own a house. Hell, a $1000 bonus check would come in handy even for me. There is enough money to go around for things that come up.

Jan 31 was the first paycheck for us with the new tax table. I'm seeing a take-home increase of $132.36 per month or $1,588.32 per year.

It has already been announced internally that bonuses will be up but I won't see that until the summer.

But the extra $1,500 per year that stays in my pocket instead of going to Uncle Sam almost makes up for the $2,000 that I was told I would save due to ObamaCare but didn't actually save. Once you factor how much our premiums increased, this tax break we're seeing doesn't come close to making up for the money the Dems plucked out of my wallet.

So what? Better than no bonuses. Im sure the employees appreciated it.

Quote:-Less than two years: $200 ($150 for Lowe’s workers)
-Two to four years: $250 ($200 for Lowe’s workers)
-Five to nine years: $300
-10 to 14 years: $400 ($500 for Lowe’s workers)
-15 to 19 years: $750
-20+ years: $1,000

In other surprising news, executives make more than managers who make more than individual contributors.

(02-02-2018 04:15 PM)umbluegray Wrote:  Jan 31 was the first paycheck for us with the new tax table. I'm seeing a take-home increase of $132.36 per month or $1,588.32 per year.

It has already been announced internally that bonuses will be up but I won't see that until the summer.

But the extra $1,500 per year that stays in my pocket instead of going to Uncle Sam almost makes up for the $2,000 that I was told I would save due to ObamaCare but didn't actually save. Once you factor how much our premiums increased, this tax break we're seeing doesn't come close to making up for the money the Dems plucked out of my wallet.

but according to Mr. Xotic, you dont need it! Because you didnt build that.

(02-02-2018 04:17 PM)UTSAMarineVet09 Wrote:  

(02-02-2018 04:15 PM)umbluegray Wrote:  Jan 31 was the first paycheck for us with the new tax table. I'm seeing a take-home increase of $132.36 per month or $1,588.32 per year.

It has already been announced internally that bonuses will be up but I won't see that until the summer.

But the extra $1,500 per year that stays in my pocket instead of going to Uncle Sam almost makes up for the $2,000 that I was told I would save due to ObamaCare but didn't actually save. Once you factor how much our premiums increased, this tax break we're seeing doesn't come close to making up for the money the Dems plucked out of my wallet.

but according to Mr. Xotic, you dont need it! Because you didnt build that.

Yeah, but I still enjoyed being lied to about how much lower my medical costs were going to be! If only he could've gone a third term.

(02-02-2018 02:24 PM)Redwingtom Wrote:  

(02-02-2018 02:22 PM)UofMstateU Wrote:  

(02-02-2018 02:19 PM)Redwingtom Wrote:  

(02-02-2018 02:17 PM)Kronke Wrote:  You mean that people hired yesterday won't get $1,000 bonuses? You don't say?

Bonuses aside, didn't Walmart also raise their minimum wage to a muh living wage? Didn't feel the need to mention that, eh?

No, $11 an hour is not really a living wage.

If your idea of a career is a greeter at walmart, then yea, thats a liveable wage.

Hate to break it to you, but not everyone has the skillset you have to be able to work jobs that normally pay livable wages.

Then any job is better than none, right?

I’m sure they’re thankful for that 11 bucks an hour if that’s all their “skill set” can provide.

(02-02-2018 02:11 PM)Redwingtom Wrote:  I don't remember seeing this before. I know it's from the Huffpo, so does anyone have a better source that refutes it?

Thanks.

Quote:Take Lowe’s. On Thursday, the home improvement chain announced that more than 260,000 hourly employees in the United States would be eligible for “a one-time bonus of up to $1,000,” a move the company attributed directly to tax reform. If you’re a Lowe’s employee, that’s thrilling news ― until you read a little closer and notice the operative phrase: “up to.”

Lowe’s is following in the footsteps of America’s largest employer, Walmart, and its most direct competitor, Home Depot, in rolling out a $1,000 bonus program that grabs headlines. But the bonuses are actually structured according to tenure. At all three chains, you only get the full $1,000 if you’ve been employed with the company for 20 years.

Instead, you’re much more likely to be a worker on the opposite end of the spectrum: an employee with two years or less time on the job. In that case, you would get a $200 bonus at Walmart or Home Depot, and $150 at Lowe’s, well below the $1,000 figure being cited by politicians and cable news guests.

Lowe’s, Home Depot and Walmart are using roughly the same progressive bonus structure, which Walmart first announced earlier this month:

-Less than two years: $200 ($150 for Lowe’s workers)
-Two to four years: $250 ($200 for Lowe’s workers)
-Five to nine years: $300
-10 to 14 years: $400 ($500 for Lowe’s workers)
-15 to 19 years: $750
-20+ years: $1,000

Congratulations On Your $1,000 GOP Tax Reform Bonus!*
*If you have 20 years on the job, that is.

This is still a great thing for the employees. It is additional money that they wouldn't have gotten otherwise.

(02-02-2018 04:16 PM)Fo Shizzle Wrote:  So what? Better than no bonuses. Im sure the employees appreciated it.

Yep, a bonus is a bonus. Can't for the life of me understand why some folks would see that as a negative, unless purely for partisan political reasons.

Some may have did what Lowes did, but the company I work for gave the $1,000 to all employees not covered by one of the companies executive incentive programs, AND gave raises of up to $10,000/yr. to employees when they raised company minimum wage to $15/hr. With that said the bonuses MUST be working since project Q1 growth is coming in at 5.4%

(02-02-2018 02:34 PM)Redwingtom Wrote:  

(02-02-2018 02:28 PM)Bull_Is_Back Wrote:  Yea I saw that... Did you see the 2.9% rise in wages this year? the highest since 2009?

Yep. But as you know, it's way too early to attribute this to the tax cut.

Well I knew you would say that....