Go Back   SZONE.US Forums > Current Events > News > The Heritage Foundation

The Heritage Foundation Since its founding in 1973, The Heritage Foundation has served as a research and educational institute -- a think tank -- whose mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense

The Heritage Foundation

Citing Tax Cuts, McDonald’s Serves Up Tuition Benefits for Employees

Thread Tools Search this Thread Rate Thread
Unread 03.31.18, 03:11 PM
@Heritage @Heritage is offline
Join Date: 06.09
Posts: 37,108
Citing Tax Cuts, McDonald’s Serves Up Tuition Benefits for Employees

On 03.30.18 10:28 AM posted by Rachel del Guidice

Fast-food icon McDonald’s will supersize its 3-year-old education benefits program for hundreds of thousands of employees.

McDonald’s Corp. will allocate $150 million over five years to its global Archways to Opportunity education program, tripling tits reach, the restaurant giant*announced*Thursday.

“This investment will provide almost 400,000 U.S. restaurant employees with accessibility to the program as the company will also lower eligibility requirements from nine months to 90 days of employment and drop weekly shift minimums from 20 hours to 15 hours.”

McDonald’s is one of 472 companies, and counting, that have announced benefits such as pay raises, bonuses, utility rate cuts, or 401(k) hikes since Congress passed the tax cuts supported by President Donald Trump, according to Americans for Tax Reform.

Among other changes, the Republican tax overhaul, which went into effect Jan. 1, reduced the federal corporate tax rate from 35 percent to 21 percent.

The Archways to Opportunity program gives eligible McDonald’s employees in the U.S. a path to obtain a high school diploma, acquire assistance for college tuition, learn English as a second language, and access education counseling without cost. *

Some education benefits will be available to family members of employees, McDonald’s said.

“These enhancements underscore McDonald’s and its independent franchisees’ commitment to providing jobs that fit around the lives of restaurant employees so they may pursue their education and career ambitions,” the fast-food giant said.

Steve Easterbrook, McDonald’s president and CEO,*said:
Our commitment to education reinforces our ongoing support of the people who play a crucial role in our journey to build a better McDonald’s. By offering restaurant employees more opportunities to further their education and pursue their career aspirations, we are helping them find their full potential, whether that’s at McDonald’s or elsewhere.

The post Citing Tax Cuts, McDonald’s Serves Up Tuition Benefits for Employees appeared first on The Daily Signal.

Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:

All times are GMT -8. The time now is 03:35 AM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright ©2007 - 20017 SZONE.US All rights reserved