Sure companies are giving out one-time cash bonuses thanks to the new lower tax rates -- but that's mainly because no one wants to commit to higher wages. 

Among the many changes in the Tax Cut and Reform Bill of the 2017, the corporate tax rate was reduced from 35% to 21% -- and the hope was that companies would return some of their savings to employees.

And many have - but mostly in the form of one-time bonuses. Companies like Apple (AAPL) , Disney (DIS) ,  Comcast (CMCSA) and Waste Management (WM) have announced bonuses from anywhere $1,000 to $2,500 -- and that's great -

But it's also safe.

Because ideally, we would like to see more companies passing that savings on through actual wage increases.

And banks like JPM (JPM) and Wells Fargo (WFC) , have done just that ad increased their employees' wages --- as did Starbucks (SBUX) , insurance giant Humana (HUM) and WalMart (WMT) , which employs 1% of America.

But watch this video to find out more companies are not following suit.

 

Need Some 60 Second Tips from TheStreet? Watch and Subscribe to our Youtube channel

 

More from Video

The Chart Professor: Worried About United Technologies Right Here

The Chart Professor: Worried About United Technologies Right Here

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Jim Cramer: I've Liked Six Flags Entertainment Stock as an Income Producer

Jim Cramer: I've Liked Six Flags Entertainment Stock as an Income Producer

Video: Jim Cramer Reveals Why He's Cautious on Stocks

Video: Jim Cramer Reveals Why He's Cautious on Stocks