Santander Increases Minimum Wage to $20
Santander Bank will raise its minimum hourly wage to $20, affecting employees who work in branches, call centers and corporate offices.
Santander Bank will raise its minimum hourly wage to $20, affecting employees who work in branches, call centers and corporate offices.
PNC Bank will raise its minimum pay rate by 20 percent in November to $18, joining other banks and credit unions that have raised minimum wages this year.
Pittsfield-based Greylock Federal Credit Union has joined other businesses and financial institutions in evaluating the wages for employees in their lowest-paying jobs.
Low-wage workers are fired up about the potential for a big increase in the minimum wage, but small business owners see legislatively mandated pay hikes as “irresponsible and prohibitive” and adding to the burden of high health care and energy costs.