Baird: Further invests in its associates and communities as a result of tax reform
Baird Public Relations
MILWAUKEE, March 1, 2018 – Baird is making an additional investment of more than $5 million in its associates and in the communities in which it operates as a result of tax reforms signed into law last year. The international, employee-owned financial services firm announced the investment, which will be in the form a one-time benefit for all of its more than 3,500 global associates, during an All Associate meeting Wednesday. Baird leaders will receive the benefit in the form of a $1,500 donation to the charity of their choice, which could amount to an additional $1.2 million being contributed to the community in 2018. All other full-time and part-time benefit-eligible associates will receive a $1,500 one-time cash bonus. Other part-time associates and long-term interns will receive a bonus of $500.
“Our associates are our greatest asset and supporting the communities in which we live and work is obviously critical to our ongoing success,” said Steve Booth, Baird President & CEO. “We are pleased to provide additional opportunities to invest in our associates and our communities as a result of federal tax reform.”
Learn more about Baird’s efforts to give back in the communities in which it operates the 2016 Baird Foundation Annual Report.