Why Isn't Tax Reform Translating Into Higher Wages? [The Motley Fool]
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: The Motley Fool
Corporations aren't passing most of their tax savings on to employees. Most corporations aren't using the savings they got from the Tax Cuts and Jobs Act to increase employee salaries, according to several recent reports. Instead, most tax savings seem to be going toward dividends and share buybacks. In this segment from Industry Focus: Financials , host Jason Moser and Fool.com contributor Matt Frankel, CFP, discuss why companies aren't increasing wages and whether this could change anytime soon. A full transcript follows the video. This video was recorded on Oct. 8, 2018. Jason Moser: Now, along with this news regarding the market, we also got some jobs data out last week. It looks like the unemployment rate has fallen to its lowest level since 1969. Which is great, right? We've really made a lot of progress on that front. It's good to see that we have a lot of people out there working. Wages grew by 2.8%, which was in line with expectations. I think, t
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News
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KFY
Earnings
- 3/6/24 - Beat
KFY
Sec Filings
- 3/11/24 - Form 4
- 3/8/24 - Form 10-Q
- 3/8/24 - Form 144
- KFY's page on the SEC website