JPMorgan Chase, known as one of the largest banking institutions in the U.S., has announced plans to raise the minimum wage for 18,000 of its U.S. workers over the course of three years. The landmark decision marks a change in the political atmosphere where big companies are pushed to raise wages for low-level employees. “It is true that too many people are not getting a fair opportunity to get ahead,” said Chief Executive Jamie Dimon, who received $27 million in compensation for 2015. “We must find ways to help them move up the economic ladder.” With the nation’s current minimum ... Read More
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