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JPMorgan aims to increase the wages of 22000 employees

2018-01-23 04:14 pm | Resource: News Section | No Views : 484

JPMorgan aims to increase the wages of 22,000 employees

JPMorgan plans to invest $ 20 billion over five years due to recent tax law changes that support US employees and the US economy.
The bank said in a statement on Tuesday it was targeting an increase of 22,000 employees whose wages would range from $ 15 to $ 18 an hour.
He pointed out that he aims to establish 400 branches in new cities and states and employ 4,000 employees, pointing out that the target investment comes as a result of the company's strong and sustainable performance, as well as recent changes in the corporate tax system.
The bank plans to increase small businesses nationwide, increase loans to customers looking for affordable homes by 25% to $ 50 billion, and expand community investments by 40% to $ 1.75 billion, the statement said.

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