Airline Workers To Get $1,000 Bonuses After Tax Cut Trump Signed
Alaska Airlines is following the lead of American Airlines, Southwest and dozens of other large companies in awarding $1,000 bonuses to its workers tied to the recently passed corporate tax cut.
More than 22,000 workers, excluding senior executives, at Alaska Airlines and its siblings Horizon Air, Virgin America and a baggage handling subsidiary will get a one-time, $1,000 bonus at the end of January.
Alaska Air Group said it decided to dole out the money after assessing the new tax law signed by President Donald Trump before Christmas. The airline's CEO told employees that they deserve to share in what the company called an "unexpected benefit."
The new tax overhaul permanently cuts the corporate tax rate from 35 percent to 21 percent.
The labor-backed activist group Working Washington greeted the bonus news with a sarcastic tweet. It noted this is the same company that spent more than three years challenging a $15 minimum wage in the City of SeaTac, home of Alaska's biggest hub.