Home Depot up to $1,000 bonuses to 400,000 workers because of Republican Tax Reform

A Home Depot employee said after attending a company meeting regarding the news 
(as reported by CNBC and not confirmed by Home Depot) 

Employees with 20 or more years will receive the full $1,000 bonus. 
Employees of 15 to 19 years will receive $750 
Employees of 10 to 14 years will receive $400, 
Employees of 5 to 9 years will receive $300,
Employees 2 to 4 years  $250, and new hires to those 
Employees with less than two years will receive a $200 

Note: the above may change, as no final exact figure has "Officially" been stated by Home Depot


Chief Executive Officer Craig Menear said in prepared remarks. "This incremental investment in our associates was made possible by the new tax reform bill. We are pleased to be able to provide this additional reward to our associates."

Side Note: I personally live in the NY Metro Area. I do understand the mindset of this area, also including those "Elitists" as people around the country may call them. When you are being paid over $100,000 or over $200,000 or more annually

When your weekly pay check gross is over $2,000 or over $4,000 per week. What is $500? Many who make $100k will be happy with a $500 or $1,000 bonus.

Yes costs are much higher in the NY Metro area.

BUT in the rest of the country where pay is much lower and costs are much lower like Rapid City South Dakota. 

A $500 bonus could mean a week paycheck. $500 can go a very long way. 

I have friends around the world from my military days. Keeping in contact with them via Facebook, some of them are receiving a bonus. I can tell you first hand that they and their co workers are  extremely happy to be getting their bonuses. Even though Nancy Pelosi calls it "Crumbs" while she is making $193,000 a year from her salary as Minority House Rep.