Saturday, January 27, 2018 · 06:21:33 · Hits: 700 · Reviews: 0
Add FedEx and Honeywell to the growing list of big American companies that are sharing some of the windfall from a lower tax rate with workers.FedEx announced Friday that it will increase employee compensation by over $200 million following the recently enacted U.S. Tax Cuts and Jobs Act. About two-thirds will go to hourly team members, by "advancing" 2018 annual pay increases by six months to April 1st from the normal October date.
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