{"id":720,"date":"2018-01-15T16:13:06","date_gmt":"2018-01-15T22:13:06","guid":{"rendered":"http:\/\/www.employco.com\/blog\/?p=720"},"modified":"2021-08-16T09:49:41","modified_gmt":"2021-08-16T14:49:41","slug":"big-business-backs-trump-tax-cuts-bonus-payouts","status":"publish","type":"post","link":"https:\/\/www.employco.com\/blog\/2018\/01\/15\/big-business-backs-trump-tax-cuts-bonus-payouts\/","title":{"rendered":"Big Business Backs Trump Tax Cuts with Bonus Payouts"},"content":{"rendered":"<p><em>The Washington Times<\/em><\/p>\n<p>Rob Wilson, President of\u00a0<a href=\"http:\/\/www.employco.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Employco USA<\/a>, was recently mentioned in an article from\u00a0<a href=\"https:\/\/www.washingtontimes.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Washington Times<\/a>. Read below for an excerpt from the\u00a0full article, <a href=\"https:\/\/www.washingtontimes.com\/news\/2018\/jan\/14\/workers-receive-bonuses-from-cut-pelosi-disparages\/\" target=\"_blank\" rel=\"noopener noreferrer\">Big business backs Trump tax cuts with bonus payouts<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" alignleft\" src=\"https:\/\/www.employco.com\/images\/blog\/Blog_TWT-logo.png\" alt=\"The Washington Times\" width=\"233\" height=\"26\" \/><\/p>\n<p>&#8220;After years of stagnant wage growth, many in the private sector say the tax cuts have provided a boost for middle-class workers even before the expected relief starts showing up in their paychecks next month.<\/p>\n<p>\u201cIt\u2019s a big win not just for businesses but for employees, and not just employees at big companies,\u201d said Rob Wilson, president of Employco USA, a human-resources firm in Westmont, Illinois. \u201cBonuses like that for people who don\u2019t typically get bonuses, that could be 3 percent [of their salary]. Across the board, we\u2019ve seen many companies increase bonuses.\u201d<\/p>\n<p>He said the employment situation and wages this year should continue to improve, and that the bonuses are also a sign of companies trying to hold onto workers in a tightening labor market. He said surveys are showing that about two-thirds of employees will be looking for better jobs this year, with companies adding better benefits.<\/p>\n<p>\u201cIt\u2019s businesses trying to remain competitive,\u201d Mr. Wilson said. \u201cIt does have a ripple effect for other businesses, not just wages but benefits. How can you attract and retain employees?\u201d<\/p>\n<p>With the unemployment rate already at a 17-year low of 4.1 percent, the improving job market also will provide more opportunities for people who had left the workforce permanently.<\/p>\n<p>\u201cOne of the things that really has been ignored but was a big issue under the Obama administration was the \u2018underemployed\u2019 and the \u2018unreported,\u2019\u201d Mr. Wilson said. \u201cThere\u2019s now incentive for the underemployed to get back into their original careers. For those people who were not working, there\u2019s an opportunity to get back out in the workforce.\u201d<\/p>\n<p>The workforce participation rate, a measure of how many people dropped out of the workforce altogether, has ranged between 62.5 percent to 63 percent during the last few years of the Obama administration. It hadn\u2019t been so low since the 1970s.&#8221;<\/p>\n<p><a href=\"https:\/\/www.washingtontimes.com\/news\/2018\/jan\/14\/workers-receive-bonuses-from-cut-pelosi-disparages\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read more here&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Washington Times Rob Wilson, President of\u00a0Employco USA, was recently mentioned in an article from\u00a0The Washington Times. Read below for an excerpt from the\u00a0full article, Big business backs Trump tax cuts with bonus payouts. &#8220;After years of stagnant wage growth,&hellip;  <\/p>\n<p class=\"more-link\"><a href=\"https:\/\/www.employco.com\/blog\/2018\/01\/15\/big-business-backs-trump-tax-cuts-bonus-payouts\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-720","post","type-post","status-publish","format-standard","hentry","category-employco-in-the-news"],"featured_image_src":null,"author_info":{"display_name":"Employco USA","author_link":"https:\/\/www.employco.com\/blog\/author\/employcousa\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Big Business Backs Trump Tax Cuts with Bonus Payouts - Employco Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.employco.com\/blog\/2018\/01\/15\/big-business-backs-trump-tax-cuts-bonus-payouts\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Big Business Backs Trump Tax Cuts with Bonus Payouts - Employco Blog\" \/>\r\n<meta property=\"og:description\" content=\"The Washington Times Rob Wilson, President of\u00a0Employco USA, was recently mentioned in an article from\u00a0The Washington Times. 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So how have these changes impacted the average American worker? \u201cOne thing for sure is that the market loves it,\u201d says Rob Wilson, President of Employco USA and employment trends expert. \u201cWe hit\u2026","rel":"","context":"In &quot;Employee Benefits&quot;","block_context":{"text":"Employee Benefits","link":"https:\/\/www.employco.com\/blog\/category\/employee-benefits\/"},"img":{"alt_text":"Tax Reform","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/TaxReform.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3295,"url":"https:\/\/www.employco.com\/blog\/2021\/02\/22\/employco-in-the-news-2\/","url_meta":{"origin":720,"position":3},"title":"Employco in the News","author":"Employco USA","date":"February 22, 2021","format":false,"excerpt":"Rob Wilson, President of Employco USA, was recently featured in a number of articles as well as a podcast, follow the links below to read more: Forbes Rob was quoted in an article for Forbes discussing paternity leave policies, \"Contrast that with the U.S., where 76 percent of fathers go\u2026","rel":"","context":"In &quot;Employco in the News&quot;","block_context":{"text":"Employco in the News","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/"},"img":{"alt_text":"Forbes","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_Logo_Forbes.PNG?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":226,"url":"https:\/\/www.employco.com\/blog\/2017\/02\/21\/what-small-businesses-need-from-president-trump\/","url_meta":{"origin":720,"position":4},"title":"What Small Businesses Need from President Trump","author":"Employco USA","date":"February 21, 2017","format":false,"excerpt":"Employment trends expert reveals \u2018Small Business Wish List\u2019 for the President According to the\u00a0National Federation of Independent Business, the Index of Small Business Optimism\u00a0increased by 11 points this past quarter, rising to its highest point since December 2004. It\u2019s easy to see that small businesses are very hopeful about a\u2026","rel":"","context":"In &quot;Human Resources&quot;","block_context":{"text":"Human Resources","link":"https:\/\/www.employco.com\/blog\/category\/human-resources\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/192.168.1.62\/blog\/wp-content\/uploads\/2017\/02\/clipboard-512.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5883,"url":"https:\/\/www.employco.com\/blog\/2025\/08\/13\/hr-chat-w-employco-usa-small-businesses-brace-for-job-cuts\/","url_meta":{"origin":720,"position":5},"title":"HR Chat w\/Employco USA: Small Businesses Brace for Job Cuts","author":"Employco USA","date":"August 13, 2025","format":false,"excerpt":"https:\/\/youtu.be\/-FRYV43TMGM Small businesses are feeling the pressure \u2014 and many are preparing for tough staffing decisions ahead. In this HR Chat, Rob and Jason explore what\u2019s driving potential job cuts, from economic headwinds to technological shifts, and how employers can navigate the uncertainty. Reach out to hr@employco.com with any questions\u2026","rel":"","context":"In &quot;HR Chat&quot;","block_context":{"text":"HR Chat","link":"https:\/\/www.employco.com\/blog\/category\/human-resources\/hr-chat\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/-FRYV43TMGM\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/comments?post=720"}],"version-history":[{"count":7,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/720\/revisions"}],"predecessor-version":[{"id":3563,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/720\/revisions\/3563"}],"wp:attachment":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/media?parent=720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/categories?post=720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/tags?post=720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}