USA TODAY NETWORK-Wisconsin

Americollect says employees will get tax reform bonus

A Manitowoc-based company will give its roughly 250 employees a bonus following Congress's passage of the tax reform bill the Tax Cuts and Jobs Act.

In an email to employees Wednesday, Americollect President and CEO Kenlyn T. Gretz said: “Today, Congress passed the tax reform bill; our company will be taxed less because of it. Since we will now be taxed less, I wanted to take this opportunity and utilize this financial benefit to give back to each of you, our teammates, by directly impacting your paycheck in the form of a bonus!”

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Gretz said: “We find great joy in being able to provide this bonus to the employees, who really are the heart and soul of what we do. Full-time employees can expect to see as much as a $500 bonus come 2019 and even part-time employees will be included.”

Gretz also noted that new employees who sign on with Americollect by March 31, 2018, will also receive a similar structure of this tax reform bonus with a bonus of up to $300.

Since the tax savings won’t be experienced until taxes are paid from 2018 income, bonuses will be dispersed to all employees in January 2019, the company said.

Americollect is a healthcare-focused collection and early-out agency. The company's team works with patients to help them achieve their goals of paying off their medical debt. Visit www.americollect.com/careers.

Progress Lakeshore gives thanks for R&R investment

Progress Lakeshore, Manitowoc County's economic development agency, recently gave thanks to R&R Insurance Services for its investment in the agency.

“The investment from R&R Insurance will help enhance our efforts in economic development in Manitowoc County,” said Peter Wills, executive director of Progress Lakeshore.

R&R Insurance operates as a full-service agency with three strategic business units: employee benefits, property, and casualty and personal lines.

The R&R team nears 200 insurance professionals, and according to Milwaukee Business Journal's 2016 “Book of Lists” has more licensed professionals than any other insurance agency serving Wisconsin.

A team member of R&R Insurance, Employee Benefit Consultant Michelle Froehlke, is also an active member of Progress Lakeshore and has served in various roles over the last few years. She currently serves on the agency's Marketing Committee.