FedEx will pay over $ 3,2 billion in salary, bonuses and pensions

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FedEx is the latest American corporation to say it will increase employee wages following the adoption of tax reform.

Friday FedEx announced that it would increase staff salaries in the total amount of $ 200 million, with two thirds of them distributed among permanent employees. Employees will also benefit from increased results-based incentive plans.

The courier company will also voluntarily donate $ 1,5 billion to the pension program, which is called "one of the best funded pension programs in the country."

Besides investing in your workforce, FedEx also pledged to allocate another $ 1,5 billion to expand its Indianapolis center over the next seven years and to modernize its Superhub in Memphis.

Along with increased compensation, premiums and capital investments, FedEx plans to invest $ 3,2 billion in the US in the coming years.

Recall that after the tax reform a number of companies in the United States He pledgedand employees additional bonuses.

US Senate 20 December accepted the tax reform bill prepared by the administration of President Donald Trump. On the eve of the document approved by the House of Representatives. Now the regulation will be submitted for signature to the head of the White House, after which it will be able to enter into force. Among other things, it will reduce the corporate tax rate to 21% from 35%.

The White House confidently stated that this measure would be a blessing for the workers, as companies would invest their tax savings in wages and jobs.

Other large companies will make additional payments to their employees: American Airlines, AT&T, Verizon, Fifth Third Bank, US Bancorp, PNC Financial.

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