WASHINGTON, D.C.—Pan Am Systems, Inc. announced that they are awarding employees a $1,100 bonus with savings from the Tax Cuts and Jobs Act, making them just the latest addition to the growing list of more than 500 companies awarding bonuses, increasing wages, improving benefits, or hiring new team members because of tax reform.
Click here or read below to see the full announcement.
NORTH BILLERICA, Mass. — In an effort to highlight the benefits of the landmark Tax Cuts and Jobs Act (“TCJA”), Pan Am Systems, Inc. is pleased to announce that it will be issuing a one-time bonus of $1,100.00 to each employee of the company and its subsidiaries, effective today. This bonus is intended to; (a) acknowledge the importance of our employees; and (b) provide those employees with additional compensation to use as they elect.
As noted by the President, the TCJA is intended to make resources available for investment by businesses that will have downstream effects of expanding and creating wealth among all citizens. Pan Am shares this goal and is committed to future capital investment to foster growth of the company. Pan Am strongly believes that programs such as the TCJA and the 45G tax credit, supported by continued reduction in overly burdensome regulations, provide substantial incentives for investment in America’s growth.