logo
  

BMO Harris Bank To Raise Minimum Hourly Wage To $20

BMO Harris Bank (BMO.TO,BMO) said on Monday that it will raise its minimum hourly pay of its full- and part-time branch and customer contact center staff to $20 per hour, with effect from August 7.

Both the new hires and current workers who earn below the new minimum base pay for their role will be benefitted by the latest increment.

This is the second minimum hourly wage increase in the 10 months after the bank increased its hourly base pay to $18 per hour in October 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Japanese entrepreneur Yusaku Maezawa has selected ten crewmembers, comprising artists, content creators, and athletes, to fly with him on SpaceX's Starship around the Moon on the dearMoon mission. SpaceX's first private lunar flight with dearMoon crew, including two backups, is planned to take place in 2023. Maezawa announced the crew for the mission in a YouTube video and a tweet. SpaceX, owned by Elon Musk, has launched 40 satellites of British communications network OneWeb into orbit. From NASA's Kennedy Space Center or KSC in Florida, Falcon 9 rocket on Thursday evening carried the satellites. The Falcon 9's first stage separated, and it then returned to Earth to make a landing on a SpaceX pad at the nearby Cape Canaveral Space Force Station. Google, owned by Alphabet Inc., plans to merge its teams working on Maps products and the mapping service Waze with effect from December 9, reports said. The decision to consolidate processes comes as the search giant is facing pressure to streamline operations and cut costs. The restructuring is expected to reduce overlapping work across the Waze and Maps products.
RELATED NEWS
Follow RTT