Workers, try using corporate tax cuts to your benefit [CNBC]
Willis Towers Watson Public Limited Company - Ordinary Shares (WLTW)
Last willis towers watson public limited company - ordinary shares earnings: 4/30 06:01 am
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Source: CNBC
Getty Images Thanks to the new tax plan, now may be the time for workers to negotiate for a bigger paycheck. During his State of the Union address, President Donald Trump boasted that the Tax Cuts and Jobs Act has benefited a number of U.S. workers due to the lower corporate tax rate, which was permanently slashed to 21 percent from 35 percent. Big-name companies including Home Depot , Apple and J.P. Morgan Chase have announced plans to invest in their employees by providing bonuses , wage increases or increased retirement contributions. It's unclear whether that will become a broader trend. Two-thirds of companies say they plan to or have already adjusted employee benefit programs in the wake of the new tax law, according to a recent survey from Willis Towers Watson, a global advisory company. The firm surveyed 333 midsize and large employers in early January. Another survey, conducted by global professional services firm Ao
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