JP Morgan Chase opened it's first branch location in Washington, DC last week. The bank has committed to paying its newly hired tellers, bankers and branch managers in the DC area a minimum of $18 an hour. Although this is higher than the minimum wage in DC, research shows residents need to make an average $80,273 to live comfortably in the city.
What are your thoughts? Is this a step in the right direction? Is $18/hr enough? #BetterBanks buff.ly/2DMH8ky...
La' Lu Ti they don’t pay us enough to live comfortable in Indy! Brand new employees making more money than us!!!! Wow!!!
$18 in DC yikes! They can live in a tent maybe.
Nothing nice to say.
$18 an hour is a start if you live in Durham, NC where a one bedroom apartment is $900+ and that’s not even a great neighborhood. For D.C. not so much. This is why people are depressed. You need roommates or have to stay living with your parents. Even with a college education the cost of living has risen and wages haven’t much
That would have been significantly more than I was making with 6 years of experience as an investment banker in a city with a similar cost of living.
Its entry level work people. They are paying above min wage for min skill jobs... they should ou uld be happy
Bank of America is accused of violating California labor laws. Nearly 1,900 of the bank's loan officers are suing the bank for $11 million claiming it failed to reimburse them for work-related travel expenses.
Today, 400 Wells Fargo workers in Des Moines, Iowa were sent notices that they are being laid off. The bank announced in September that a series of job cuts would be coming across the country. As many as 26,500 jobs will be cut. “This very difficult decision was made following much thought and careful consideration.”
What are your thoughts? Will you be affected by these layoffs? buff.ly/2zYVKsr...
DES MOINES, Iowa -- Four-hundred employees of Wells Fargo Home Lending in Iowa are receiving notices today that they are being laid off. Wells Fargo announced in September that a series of job cuts would be coming across the country. The company says around 1,000 employees will lose their jobs, incl...