JPMorgan Chase to raise pay for 18,000 employees

Posted online July 13, 2016 | 11:34 am

JPMorgan Chase CEO Jamie Dimon says the company will raise wages for 18,000 employees.

The base pay for those employees, now $10.15 an hour, will increase to $12-$16.50 an hour over the next three years, depending on geographic and market factors. The employees include bank tellers and customer service representatives.

The company also will step up in-house training and funding of national programs to bolster career-oriented education.

Read more from USA Today.

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