Waste Management to Pay Special Bonuses to Hourly and Other Employees
Company to Allocate US
“We are about to get a tax benefit as our U.S. corporate tax rate goes
from 35 percent to 21 percent. In considering how to best spend that, we
wanted to find a way to help grow our economy, which in turn, will help
grow our business, and give some of the tax savings back to those
hardworking employees who do not get the opportunity to participate in
our salaried incentive plans,” said
“So, we are offering each North American hourly full-time employee and
salaried employee who does not participate in any sales incentive or
bonus plan during 2018, a cash bonus of US
Approximately 34,000 qualified Waste Management employees could receive this special bonus.
ABOUT WASTE MANAGEMENT
Waste Management, based in
View source version on businesswire.com: http://www.businesswire.com/news/home/20180110006266/en/
Source:
Waste Management, Inc.
Analysts:
Ed Egl,
713.265.1656
eegl@wm.com
or
Media:
Toni
Beck, 713.394.5093
tbeck3@wm.com