Bank of Montreal said Monday that it will raise its minimum hourly wage for all U.S. employees to $20 an hour, starting March 12. The Toronto-based bank said...
Bank of Montreal BMO said Monday that it will raise its minimum hourly wage for all U.S. employees to $20 an hour, starting March 12. The Toronto-based bank said the increase is the fourth one in the past 16 months, and follows the increase to $20 an hour for branch and customer contact center employees in August 2022.
employees to $20 an hour, starting March 12. The Toronto-based bank said the increase is the fourth one in the past 16 months, and follows the increase to $20 an hour for branch and customer contact center employees in August 2022. “BMO has one of the best teams in banking and we want to reward our team in a way that reinforces their value to our organization and is competitive with the market,” said Larissa Chaikowsky, chief human resources officer for the U.S.
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