Remember when Trump decreased corporate taxes and Fiserv saved millions. Other companies used some of that money on employees. Jeff decided not to give any to the employees. He did say they would look at benefits. Benefits didn’t get any better. Now wait for Fiserv’s tax rate to increase and watch Frank pull back the 401k. Taxes, inflation, economic downturn will all be used to justify it. What they are really saying is we don’t care about the employees. Same as they did to benefits during COVID. The 401k match doesn’t cost that much compared. Oh and wait for the bonus to pay out at 60% next year too.
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The limits on corporate debt deductibility forces First Data to search for a merger.
Thats why there is no point in decreasing taxes on corporations if the intent is to help employees. It will go into the big shots' pockets
To nonsense - guess the essential workers rode that rocket.
You can list one thing after four years of saving all that money. You are proving the point.
Did they return to the pre-25% for the essential associates or did they leave it?
To be fair, most companies did a one time payment or bonus to employees rather than enact some sort of permanent benefit that mirrored their ongoing tax windfall. Everyone got robbed while companies reaped the benefit. Companies need to pay more taxes.
What is that the lowest 2% of employees?
Nonsense, wages for essential workers increased 25% during the pandemic.