Compensation
Compensation
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Employees at Genesee Co-Op Federal Credit Union in New York and Beneficial State Bank in California formed unions in the past year to bargain for better wages and reform their corporate cultures. Will workers at other community institutions follow their lead?
February 14 -
Adrienne Harris said the New York State Department of Financial Services will concentrate more on issues that have a big impact on people’s pocketbooks. The agency announced a move Monday that will likely save money for consumers who rely on check cashers.
February 14 -
The program is aligned with an initiative Bank of Montreal started in 2019 to double its support for small businesses and female entrepreneurs.
February 14 -
JPMorgan Chase said fully vaccinated staff no longer need to wear masks anywhere in its U.S. buildings, amid an easing up in COVID-19 cases that’s paved the way for Wall Street staff to return to offices.
February 11 -
Wall Street executives are taking another crack at bringing staff back to the office. This time, they're hoping it sticks.
February 11 -
Toronto-Dominion Bank is adding child day care and elder care as eligible expenses for employees’ wellness accounts as lenders battle for talent and try to build workforces with greater diversity.
February 8 -
Earned wage access companies are finding that their product, which allows employees to receive a portion of their salary ahead of the traditional two-week cycle, can aid nurses and other professionals in addressing the work-life imbalance that contributes to the Great Resignation.
February 7 -
Bank of America boosted Chief Executive Brian Moynihan’s compensation 31% to $32 million for 2021, a year in which the firm set a record for profitability.
February 4 -
The cryptocurrency has made its way to the workplace.
February 4 -
Deutsche Bank is seeking to tighten oversight of employees' electronic communication amid a clampdown by U.S. regulators on the widespread use of services such as WhatsApp in the financial industry.
February 4