Jamie Dimon announced a gradual pay increase for some of his 18,000 employees. But some argue bank tellers deserve much more
Millions of American workers get a pay raise without any public fanfare. But employees of JPMorgan Chase got to see their wage increase celebrated in a New York Times opinion piece by their chairman and CEO, Jamie Dimon.
Dimon touted a gradual pay increase for 18,000 employees, mostly bank tellers and customer service representatives, over three years. The bank’s current minimum wage for its US employees is $10.15 an hour, above the federal minimum wage of $7.25 an hour, he noted. Dimon promised to up that minimum to between $12 and $16.50, depending on factors such as employees’ locations and work schedules.
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Source: Guardian Environment