The largest bank in Houston is the latest company to announce wage increases thanks to tax reform.
JPMorgan Chase & Co. (NYSE: JMP) announced that it has committed to a $20 billion, five-year comprehensive investment plan that includes raising hourly wages for 22,000 employees, according to a press release. This plan is the result of the recent changes to federal tax law and the company’s strong financial performance, per the release.
In total, about 3,400 employees in Texas and about 900 employees…
Houston Biz Journal
JPMorgan Chase raises wages for thousands of employees, including 900 in Houston