Fifth Third Bancorp unveils bonuses, minimum wage hike after tax bill passage

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Title : Fifth Third Bancorp unveils bonuses, minimum wage hike after tax bill passage
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news-today.world | Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage for its workforce to $15 after the passage of the Republican tax plan that will cut the bank's corporate tax rate.

It is the second company to announce a bonus for employees because of the tax plan. AT&T said earlier Wednesday that it would pay 200,000 U.S. employees $1,000 each and increase its capital spending budget by $1 billion.

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