Disney to give $1,000 bonuses to over 125,000 workers

[Common]

Disney is a liberal puke company, they treat their employees like $#@! and they own and run ESPN, enough said

[Kacper]

Giving bonuses instead of pay raises is telling. Some are doing raises and bonuses, but most are doing these one time things.

[Chris]

Giving bonuses instead of pay raises is telling. Some are doing raises and bonuses, but most are doing these one time things.

They may be hesitant about trusting where the economy will go but still want to do something for employees who waited so long for bonuses or raises.

[Kacper]

They may be hesitant about trusting where the economy will go but still want to do something for employees who waited so long for bonuses or raises.

They are not trusting where their books are going. They are not doing it for the employees. They are doing it for the company.

[Chris]

They are not trusting where their books are going. They are not doing it for the employees. They are doing it for the company.

Well, you cannot really know what they think other than what they say they think, which was supplied in the OP. My point was general about the market being risky and any decent businessman being skeptical. Any good Austrian School economist would warn them about malinvestment at this point.

[Chris]

More bad news!

Home Depot hourly employees to receive up to $1,000 bonus due to tax reform

Home Depot is awarding its hourly employees in the U.S. a one-time cash bonus of as much as $1,000 following the passage of new tax legislation.

The bonus amounts will be determined based on a person's length of service, similar to Walmart's strategy. All of Home Depot's U.S. hourly workers will get at least a $200 bonus, a spokeswoman told CNBC, and the maximum payout is $1,000 for workers who've served at least 20 years.

...Home Depot joins a growing list of corporations, and many retailers, using new tax benefits to invest in their workers.

"This incremental investment in our associates was made possible by the new tax reform bill," Chief Executive Officer Craig Menear said in prepared remarks. "We are pleased to be able to provide this additional reward to our associates."

The home improvement retailer said the new tax law will result in added tax expenses of about $150 million in the fourth quarter, which are tied to taxes on offshore earnings. These expenses and the bonus payments will lower Home Depot's fiscal 2017 earnings by 19 cents a share, the company said.

For fiscal 2018, Home Depot is still evaluating the legislation's impact on its business, but said it should be "beneficial."

"Amid the changing retail environment," Home Depot said it plans to make more investments in its stores, workers and the customer shopping experience.

More companies, and especially retailers, face heightened pressure today to recruit the best talent as the U.S. labor market continues to tighten. Bonus payments, wage increases and other benefits can help incentivize current employees to stick around.

...

[jigglepete]

They should use the money to buy the actors in character their own undergarments, so they no longer have to share...

[The Xl]

I like the tax cuts, but I also think a lot of this is grandstanding.