Another round of higher wages, bonuses, and charitable contributions are coming to Indiana by way of tax reform.
- Boosting wages for hourly full time and part time associates to $15/hour.
- First Midwest Bank, with 18 branches in Northwest Indiana:
- Raised minimum wages for hourly employees to $15/hour
- Distributing a $1,035 bonus to 85 percent of employees
- Donating $2 million to charity
- First Merchants Corporation, a Muncie-based bank with 26 locations in the Muncie area:
- Raised wages paid to hourly employees by $1/hour
- Giving $500 one-time bonuses to all associates with the exception of senior management
FLASHBACK: Not long after the Tax Cuts and Jobs Act passed, Senator Joe Donnelly went on to Fox 59’s IN Focus to tell Dan Spehler: “I wasn’t hired to vote based on what might help in the Senate race, I was hired to make sure that I could help families make a few extra bucks.”
….that comment did not age well.
“Hoosiers continue to see the economic impact of tax reform that Do-Nothing Democrat Joe Donnelly was proud to oppose. From now until Election Day, Hoosiers will be reminded that Donnelly joined Chuck Schumer and Elizabeth Warren in opposing their bigger paychecks and bonuses that came from tax reform.” –RNC Spokesperson Michael Joyce
Economy Jobs, Wages and Unemployment