Wells Fargo, Fifth Third Bancorp unveil minimum wage hikes after tax bill passage

[khicks26]

Wells Fargo, Fifth Third Bancorp unveil minimum wage hikes after tax bill passage

Liz Moyer
Published 1 Hour Ago


Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut the bank's corporate tax rate.
Fifth Third is yet another company to announce a bonus for employees because of the tax plan. AT&T said earlier Wednesday that it would pay more than 200,000 U.S. employees $1,000 each and increase its capital spending budget by $1 billion.
Wells Fargo, meanwhile, also said it would be boosting its minimum wage for employees to $15 an hour, which was prompted by the tax plan. The San Francisco-based bank also said it would target $400 million in donations to community and nonprofit organizations next year.
Cincinnati-based Fifth Third, the fifteenth largest U.S. bank by asset size, said the tax cut allowed it to re-evaluate its employee pay and pass along some of the windfall. Nearly 3,000 workers will see hourly wages rise to $15. The $1,000 one-time bonus is expected to be paid by the end of this year, the bank said, assuming President Donald Trump signs the bill into law by Christmas.
Senior managers and top executives are excluded from the special payments. "It is good for our communities, employees and Fifth Third Bank," said CEO Greg Carmichael in a statement.

https://t.co/iv4i2MTAkO

Don't get me wrong, this is a good think if they follow though. 1k is nice little bonus for workers. But how many of these companies are in states or cities that were going to raise the min wage to 15 anyway? Pretty sure SF is already 15 an hr.

Also this is long over due, as some of these corporations have billions stocked away. Plus with the tax holiday they will bring back billions more at a 5% tax rate. Like I said, don't get me wrong. This is a good thing & maybe they didn't have to do it.

But we did have to cut 6 trillion off their tax bill just to get them to do something that should have been done years ago.

[khicks26]

Also Fed-X & UPS will be cutting jobs & using the tax breaks on automation. How many more will follow suit?

[RoyBacon]

Also Fed-X & UPS will be cutting jobs & using the tax breaks on automation. How many more will follow suit?

Hmmm so tax the fvk out of them so they won't be able to upgrade equipment ans therefore employ more? That's as good of idea as any other dem here.

The other way is to attract more business, or in our case prevent companies from fleeing, and let businesses keep their money to invest in growing their operation. The you will have more deliveries. Buy your automation in the US and that's more jobs too.

[khicks26]

Hmmm so tax the fvk out of them so they won't be able to upgrade equipment ans therefore employ more? That's as good of idea as any other dem here.

The other way is to attract more business, or in our case prevent companies from fleeing, and let businesses keep their money to invest in growing their operation. The you will have more deliveries. Buy your automation in the US and that's more jobs too.

Dude automation means less jobs. Even if its made in the US, were we don't make anything anymore. Not good for the economy.

Companies don't automate to spend the same it cost to hire workers. Your not making sense.

[brooks85]

Lying again? The terrorist chose the flights with the MOST fuel idiot.

“ the towers were built to withstand a plane crash, so it’s a conspiracy”—-Brooks

Brooksy a 9/11 truther....end of story.

lol the most fuel... so you're saying the plane had fuel in it again... lol wow you're an idiot!!

[vitterd]

lol the most fuel... so you're saying the plane had fuel in it again... lol wow you're an idiot!!

Oh....does the plane flap it’s wings?

“Fuel for an airplane is clear to straw colored fuel unleaded kerosene , it is similar to diesel fuel”

A 9/11 truther calling others an idiot is gold jerry, gold.

[brooks85]

Oh....does the plane flap it’s wings?

“Fuel for an airplane is clear to straw colored fuel unleaded kerosene , it is similar to diesel fuel”

A 9/11 truther calling others an idiot is gold jerry, gold.

lol you should have told the designers of the buildings that the plane has fuel in it... that's what they forgot when they designed it to withstand a plane strike I'm sure!!


you're an idiot and thank you for showing it

[khicks26]

They were build to withstand small aircraft, not a jet liner that blows a giant hole in the side of it.

[vitterd]

lol you should have told the designers of the buildings that the plane has fuel in it... that's what they forgot when they designed it to withstand a plane strike I'm sure!!


you're an idiot and thank you for showing it

You are completely unhinged and so stupid it’s not easy to comprehend. You are a 9-11 truther....that group is considered the dumbest people on the planet.

Smu defense was designed to make some stops!! Why does la tech have 40 plus points??? Lmao

[brooks85]

They were build to withstand small aircraft, not a jet liner that blows a giant hole in the side of it.

wrong

why post when you know nothing?

you just posted on ayn rand the other night and were wrong. You've been wrong over and over for a decade yet you keep going lol

[brooks85]

You are completely unhinged and so stupid it’s not easy to comprehend. You are a 9-11 truther....that group is considered the dumbest people on the planet.

Smu defense was designed to make some stops!! Why does la tech have 40 plus points??? Lmao

says the idiot who just said the plane has fuel in it as if the architects didn't know!

[brooks85]

but you do have a point vitter... I mean you DID see it on the news...

[khicks26]

wrong

why post when you know nothing?

you just posted on ayn rand the other night and were wrong. You've been wrong over and over for a decade yet you keep going lol

If you want to know about 9/11 listen to Bill Binney, & Thomas Drake. Not the crack pots like Alex Jones.

[vitterd]

says the idiot who just said the plane has fuel in it as if the architects didn't know!

Yeah I’m sure the architects can simulate a commercial aircraft with New Jersey to California fuel crashing into the building. Lmao.

[brooks85]

If you want to know about 9/11 listen to Bill Binney, & Thomas Drake. Not the crack pots like Alex Jones.

do you realize how hilarious it is to have a youtubeU graduate telling me what to listen to?


lol this is why sbr is hilarious

[brooks85]

]Yeah I’m sure the architects can simulate a commercial aircraft with New Jersey to California fuel crashing into the building.[/B] Lmao.

yeah it's called math you penetrating moron!








another post to bookmark!! amazing how stupid you are, truly.

[vitterd]

but you do have a point vitter... I mean you DID see it on the news...

Like most of America saw it on tv but I’m sure you know the real story.

Can you please tell my cousin where her fiancé is? He died on 9-11.....but I just told her that Brooksy at sbr can tell her where he really is.....since the tv has the big conspiracy going on.

Lmao.

[khicks26]

do you realize how hilarious it is to have a youtubeU graduate telling me what to listen to?


lol this is why sbr is hilarious

Isn't Alex Jones on YouTube? Crack Pot.

[brooks85]

Like most of America saw it on tv but I’m sure you know the real story.

Can you please tell my cousin where her fiancé is? He died on 9-11.....but I just told her that Brooksy at sbr can tell her where he really is.....since the tv has the big conspiracy going on.

Lmao.

lol yes, like MOST of Americans... hilarious how you're not intelligent enough to recognize you're admitting you were conned with the masses.

I really should have went into politics.

[vitterd]

yeah it's called math you penetrating moron!








another post to bookmark!! amazing how stupid you are, truly.

How do you find your way home at night. You should really listen to architects talk about why the buildings fell and how it was NOT built to withstand that type of damage. But I’m sure you know more than they do. Nice tin foil hat Brooksy!!

[brooks85]

Isn't Alex Jones on YouTube? Crack Pot.

I suppose he is but I don't attend youtubeU so you'll have to let me know what he says. I know so far your sources are hilariously low IQ and make you sound like an idiot. That is just an honest observation. You post TYT videos... same TYT who spread russia/trump news



hey how about you go lie about watching CNBC again

[vitterd]

lol yes, like MOST of Americans... hilarious how you're not intelligent enough to recognize you're admitting you were conned with the masses.

I really should have went into politics.

Lmao. Conspiracy theorists are known to be the biggest crack pot idiots on the planet. Their tiny brains cannot handle reality so they come up with an alternative that their brains can process.

[brooks85]

Yeah I’m sure the architects can simulate a commercial aircraft with New Jersey to California fuel crashing into the building. Lmao.

yeah it's called math you penetrating moron!








another post to bookmark!! amazing how stupid you are, truly.

lol notice how you prove yourself to be a moron then try to ignore it.

[vitterd]

Math.....lmfao.

You cannot be a real person. Nobody is this stupid. Trump is so happy to have you as his voter!!!

[brooks85]

Math.....lmfao.

You cannot be a real person. Nobody is this stupid. Trump is so happy to have you as his voter!!!

yes... lol nice call being an idiot and implying the force caused by a plane full of fuel can not be calculated. Not everyone is low IQer like you vitter. Fact.

[vitterd]

Hey Brooksy.....you and Rosie O Donnell both have the same thoughts on 9-11. You’re a liberal and don’t even know it!!!

Math!!! Bwaaaaahhhh

[vitterd]

yes... lol nice call being an idiot and implying the force caused by a plane full of fuel can not be calculated. Not everyone is low IQer like you vitter. Fact.

Obviously the “math” was incorrect. Guess what....people get it wrong all the time you dipshit!!

9/11 truthers are the very definition of low IQ

[khicks26]

I suppose he is but I don't attend youtubeU so you'll have to let me know what he says. I know so far your sources are hilariously low IQ and make you sound like an idiot. That is just an honest observation. You post TYT videos... same TYT who spread russia/trump news



hey how about you go lie about watching CNBC again

Yeah right, most of your crap comes right from Alex Jones. That's why you & GMTM got along. Your both crack pots.

Drake & Binney both worked at the NSA & blew the whistle on the 9/11 BS. But yeah you would rather listen to Alex talk about crazy shit.

[brooks85]

Obviously the “math” was incorrect. Guess what....people get it wrong all the time you dipshit!!

9/11 truthers are the very definition of low IQ

no it wasn't because you're an idiot who doesn't realize they calculate things to withstand forces BEYOND what they are measuring.

That is why an elevator can say it RATED to life 1800lbs, doesn't mean that is the max you idiot. No different in architecture you moron!

[brooks85]

Yeah right, most of your crap comes right from Alex Jones. That's why you & GMTM got along. Your both crack pots.

Drake & Binney both worked at the NSA & blew the whistle on the 9/11 BS. But yeah you would rather listen to Alex talk about crazy shit.

notice you've been trying this for years and I've seen still seen less than 15mins of alex jones since day 1 lol

[brooks85]

Yeah right, most of your crap comes right from Alex Jones. That's why you & GMTM got along. Your both crack pots.

Drake & Binney both worked at the NSA & blew the whistle on the 9/11 BS. But yeah you would rather listen to Alex talk about crazy shit.

.... lol you are a moron..

this is bookmarked... you just said they worked at the NSA



no wonder you listen to MSM/TYT.... lol the NSA!! penetrating christ I should have went into government work, you sheep are unreal

[vitterd]

no it wasn't because you're an idiot who doesn't realize they calculate things to withstand forces BEYOND what they are measuring.

That is why an elevator can say it RATED to life 1800lbs, doesn't mean that is the max you idiot. No different in architecture you moron!

Lmfao. Do you know how stupid you sound? Google elevator weight failures and see how they fuxck up. I mean, are you this retarded In real life.

9-11 truthers are low IQ....fact.

[khicks26]

notice you've been trying this for years and I've seen still seen less than 15mins of alex jones since day 1 lol

Why do you sound just like the guy?

If your so into 9/11 truth, why have you never said anything about Drake or Binney? Do you even know who they are?

[brooks85]

Lmfao. Do you know how stupid you sound? Google elevator weight failures and see how they fuxck up. I mean, are you this retarded In real life.

9-11 truthers are low IQ....fact.

this is has nothing to do with how the weight limits are calculated you moron! They don't mess up because of weight you liberal!

this thread has truly proven how low IQ you are haha

[brooks85]

Why do you sound just like the guy?

If your so into 9/11 truth, why have you never said anything about Drake or Binney? Do you even know who they are?

well it would make sense that someone who listens to TYT doesn't like alex jones, a guy who clearly owned Cenk lol

also makes sense a low IQer like you who gets caught being wrong about everything doesn't like alex jones if he is telling the truth. That makes a lot of sense considering you hate the truth and even admit you will ignore it if you don't like it. Fact.