To celebrate passage of the new federal tax reform bill, Kansas City-based Commerce Bancshares Inc. will distribute cash bonuses to about 3,450 of its employees who are otherwise not eligible for bonuses or commissions.
Commerce Bancshares (Nasdaq: CBSH), the holding company for Commerce Bank, will give full-time employees $1,000 bonuses and part-time employees $250 bonuses; 75 percent of its workforce will receive the bonuses. The company also will make a donation of $32 million in stock to the…
To celebrate passage of the new federal tax reform bill, Kansas City-based Commerce Bancshares Inc. will distribute cash bonuses to about 3,450 of its employees who are otherwise not eligible for bonuses or commissions.
Commerce Bancshares (Nasdaq: CBSH), the holding company for Commerce Bank, will give full-time employees $1,000 bonuses and part-time employees $250 bonuses; 75 percent of its workforce will receive the bonuses. The company also will make a donation of $32 million in stock to the…