Compensation
Compensation
-
We’re all entitled to our own opinion at work, but what if it starts impacting improvements and growth?
May 25 -
Bank of America is boosting pay for tens of thousands of U.S. employees who earn less than $100,000 a year and adding reimbursements for a portion of electric-vehicle purchases.
May 24 -
Bank of America is moving three months early on its most recent plan to raise its hourly base pay. “Until the labor market eases, the weight of wage growth is going to be strong,” CEO Brian Moynihan said during a CNBC interview.
May 23 -
HSBC Holdings has suspended executive Stuart Kirk days after he criticized the finance industry for worrying too much about climate change, according to a person familiar with the matter.
May 23 -
The Congressional Black Caucus is requesting a meeting with President Biden to press the case that canceling student-loan debt is a racial equality issue.
May 20 -
Agility Bank, which opens its doors Monday, says it is the first minority depository institution to be women-owned and women-led by design. It plans to serve small-business owners in a digital-first manner.
May 20 -
Nearly half of all small-business owners — and higher percentages of minority entrepreneurs — said in a new survey that they aren’t sure they could come up with the funds to cover an emergency $5,000 business expense. But the results also suggest that the Paycheck Protection Program may have led to more trust in the Small Business Administration.
May 19 -
Agility Bank, formed to serve local businesses operated by women, plans to launch in late May.
May 19 -
Mastercard said it would help pay for workers to travel to access abortions if pregnancy terminations aren’t available in their home state.
May 18 -
Goldman Sachs Group is losing its most powerful Black women, according to new data the firm released in a report on its website.
May 18