Fifth Third Bancorp dispense $1,000 bonuses for more than 13,500

Fifth Third Bancorp

The Cincinnati-based banking corporation said it would raise the minimum hourly wage for all employees to $15 per hour and dispense $1,000 bonuses for more than 13,500 workers. The company says tax reform was directly responsible for the initiatives.

“It is good for our communities, employees and Fifth Third Bank,” Fifth Third President and CEO Greg Carmichael said.

 

http://www.foxbusiness.com/markets/2017/12/20/gop-tax-bill-at-t-boeing-among-corporations-rewarding-employees.html