Berkshire Bank is the latest bank in Massachusetts to announce bonuses, increased charitable contributions and a higher minimum wage following the recent passage of federal tax reform legislation.

Parent company Berkshire Hills Bancorp announced this morning it will give a special, one-time bonus of $1,000 to over 1,000 employees. This benefits all full-time employees below a certain compensation threshold, and augments the $500 holiday bonus awarded to 70 percent of the bank’s workforce.

The company also said it would be raising Berkshire’s minimum wage to $15 per hour, enhancing Berkshire’s investment in employee development and training programs and contributing $2 million to the Berkshire Bank Foundation.

“Berkshire’s unique culture is built on the recognition that our employees are our most important asset. As an organization, we believe that taking care of our employees leads to more satisfied customers, healthier communities and higher returns to shareholders,” Mike Daly, Berkshire’s CEO, said in a statement. “ We’re pleased to have the opportunity to further reward the team for their hard work and dedication to our customers, while also investing in their long-term professional development and furthering our overall commitment to the communities we serve.”

Berkshire’s announcement this morning follows those of Citizen’s Bank, HarborOne Bank and East Boston Savings Bank, all of which announced a combination of bonuses, higher wages, more charity and in EBSB’s case, capital investment.