Current Events > Anthem Inc. to give $1,000 to 58,000 current and former employees amid tax bill.

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"Anthem Inc. (ANTM) said it would contribute retirement savings for more than 58,000 current and former employees, joining other major corporations in rewarding workers after the passage of a GOP-backed tax reform package.

The Indianapolis-based health insurance company said its associates and recent retirees will receive $1,000 toward their 401(k) accounts, for a total investment of more than $58 million. Anthem said other tax reform-related savings would be used to reduce the cost of healthcare for customers."

http://www.foxbusiness.com/markets/2018/02/09/tax-reform-windfall-these-companies-are-hiking-pay-delivering-bonuses.html
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Capn Circus posted...

Anthem said other tax reform-related savings would be used to reduce the cost of healthcare for customers.

Hahahaha

I'll believe it when I see it

The extra 401(k) money is pretty cool though
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Dude Anthem treats their employees like livestock. If you think this is anything but a publicity stunt to fool gullible Trump cultists like yourself then you have more problems than I first realized.
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Sure seems like another instance where a permanent payraise would be significantly more helpful.

Also why is all this shit consistently $1k across employers? It's almost like they're coordinating or something
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Corporations have been seeing record profits. How kind of them to throw out a few peanuts!

P4wn4g3 posted...

Dude Anthem treats their employees like livestock. If you think this is anything but a publicity stunt to fool gullible Trump cultists like yourself then you have more problems than I first realized.

I wish they'd keep up the public stunts
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Publicity stunts or not, people are still benefiting and Trump started it.
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There's just too many of these to keep track of.

Capn Circus posted...

Publicity stunts or not, people are still benefiting and Trump started it.

Not really. The insurance industry was getting pretty pissed at Trump flip flopping, making bad promises, constantly threatening to up end the industry, etc. They already went through layoffs and restructures. They are finally seeing a break from all of it now that Trump shut the fuck up and can resume paying employees.
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P4wn4g3 posted...

Capn Circus posted...

Publicity stunts or not, people are still benefiting and Trump started it.

Not really. The insurance industry was getting pretty pissed at Trump flip flopping, making bad promises, constantly threatening to up end the industry, etc. They already went through layoffs and restructures. They are finally seeing a break from all of it now that Trump shut the fuck up and can resume paying employees.

That's a great theory and all, but the CEO said this:

"We are extremely grateful for all that they do on behalf of our more than 40 million consumers as well as the care providers and communities we serve. This new program is an opportunity for us to thank our associates and also ensure that they benefit from the recent changes to the U.S. tax code. It is our hope that, by contributing to our associates 401(k) plans, we are able to offer a program that will help them and their families now and in the future"
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That doesn't necessarily disprove what he said...
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So you believe the corporate morale booster memo? Dude for someone who hates Fake News you sure do swallow it whole.
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Health insurance companies are inherently evil though.
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P4wn4g3 posted...

So you believe the corporate morale booster memo? Dude for someone who hates Fake News you sure do swallow it whole.

The money they will save under the new tax code is written into law and measurable. "What ifs" aren't.

It's much more plausible to come to the conclusion that they have more money due to tax cuts than Trump "shutting the **** up"
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And soon, the lay offs.
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Sayoria posted...

And soon, the lay offs.

Yes, because a company reducing its size is good for growth.

And that $58,000,000 is what percentage of the money they're saving?

And that $1000 bonus will net them how much less than a raise would?
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Just so you are aware, current employees of the company, people who suffer from layoffs, or even those fired during all this will not be shining light on the bad side of all this out of professional courtesy. If they did don't you think BlueCross would put some effort into ruining their careers as well? So is it any wonder that the only news is good news? It's all political head games.
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DarkChozoGhost posted...

And that $58,000,000 is what percentage of the money they're saving?

Not sure. I don't know their financials and don't feel like spending time researching it. You're more than welcome to--it'd be interesting to know.

And that $1000 bonus will net them how much less than a raise would?

A raise would probably be better in the long term, but I'm sure they're still giving raises too. Most companies tend to do that or people eventually quit and work somewhere else.

It seems that some people wouldn't be happy with what these companies are giving unless they wrote a $100,000 check to every employee. An unexpected $1,000 should make just about anyone happy. And none of this would be happening if we had crooked Hillary.

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The downside is they have to work for Anthem
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Capn Circus posted...

Not sure. I don't know their financials and don't feel like spending time researching it. You're more than welcome to--it'd be interesting to know.

It's insignificant.

Capn Circus posted...

A raise would probably be better in the long term

Yes

Capn Circus posted...

but I'm sure they're still giving raises too.

Not anymore than usual

Capn Circus posted...

It seems that some people wouldn't be happy with what these companies are giving unless they wrote a $100,000 check to every employee.

Or, they could give raises, and improve benefits. You know, do something actually helpful instead of this hollow charade.
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Annihilated posted...

Sayoria posted...

And soon, the lay offs.

Yes, because a company reducing its size is good for growth.

And even better for raising unemployment.
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They may be done with layoffs since they are trying to make nice with Trump now. I can't be sure of that that though.
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Sayoria posted...

Annihilated posted...

Sayoria posted...

And soon, the lay offs.

Yes, because a company reducing its size is good for growth.

And even better for raising unemployment.

Uhh, what?