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What do they normally give out, is this an increase over the last few years.
Regardless this is good news for the country and the promise of the creation of 20,000 jobs is a good sign but this needs to play out over the coming years, too many people posting closings and bonuses. Its way to early to tell but new jobs are always a good thing, hopefully they will put their new base in West Virginia or Ohio..
Once again, do none of you understand basic math and economics?
Yes, a bonus is better than nothing, but even at $2500 still amounts to several dollars per week. Hardly anything to open a bottle of champagne over.
Bonuses are one shot deals; you cannot buy a home or base any sound future financially upon them because after that load is shot, you don't know if or when another will appear.
The idea of this tax reform was to spur an *INCREASE* in wages. That so far has largely not happened.
Even a two to three percent permanent raise in wage is better than a bonus of only several thousand.
This new tax plan is two weeks old. You want to see wage increases in two weeks?
And even if there were numbers to show wage increases, you would then totally downplay it.
Ideally, we're looking for a durable improvement in the economy and job situation, not just a one-shot bonus giveaway.
Not saying I wouldn't appreciate the bonus, but I think it's an underachieving move by these corporations looking for a pat on the back. IMO, the pat on the back will come when:
1) We see year after year of sustained wage growth,
2) More jobs are added to the economy than taken away; unemployment stays low,
3) Significant improvements with regards to other areas of job compensation such as affordable access to healthcare for ALL employees, not just full time workers.
When all of this happens, THEN we can break out the bottle of champagne.
What do they normally give out, is this an increase over the last few years.
Regardless this is good news for the country and the promise of the creation of 20,000 jobs is a good sign but this needs to play out over the coming years, too many people posting closings and bonuses. Its way to early to tell but new jobs are always a good thing, hopefully they will put their new base in West Virginia or Ohio..
Apple is rolling in cash, they could have given out these "huge" bonuses anytime they wished and suffered no large damage to their corporate fortunes.
Bonus payments are one time charges on a balance sheet. Apple could easily have taken advantage of then existing tax laws to minimize or totally nullify any huge costs to earnings.
Apple has been dogged and under fire for their tax avoidance policies all over Europe and Asia. They likely view the new US tax law as a welcomed relief as it gives cover to move all that money off shore (where it was becoming increasingly difficult to keep low tax rates), back to something with more certainty (for now).
Promises of job creation are just that; companies make them all the time. The devil will be in the details and proof in pudding so to speak. Two, three, four or more years in future will tell what Apple truly has done.
The bonuses are just the beginning. You doubting thomases will be wrong months from now again. Of course by then, you haters will be coming up with something else to complain about.
The bonuses are just the beginning. You doubting thomases will be wrong months from now again. Of course by then, you haters will be coming up with something else to complain about.
I hope you are right. I certainly am skeptical though given that we are still in the honeymoon phase of the tax cuts.
Only time will tell if businesses are genuinely serious about passing the tax savings on to their employees and customers.
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Quote:
Originally Posted by DRob4JC
It's amazing that people try to downplay the bonuses and investments.
These tax cuts have lowered how much the American employee costs to companies.
We will acknowledge short term benefits when you acknowledge that many of these bonuses have simply been announced as cover for other problems with in these businesses.
Wal Mart/Sam's Club for example closing stores and removing positions.
just like Apple, these companies arent creating the equivalent number of jobs to the revenue they are saving or even close to that.
Apple giving out a $2,500 bonus to all employees because of tax reform! Largest yet!
I seriously doubt that is the largest bonus yet at Apple
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