3 results for tag: $20 minimum wage

Coronavirus relief: Long Doggers owners use emergency relief money to set $20 minimum wage for employees

By Suzy Fleming Leonard April 2, 2020 John “LJ” Burr and his partners at Long Doggers are entrepreneurs. They're used to thinking on their feet and planning on the fly. When indoor dining was limited and then closed because of quickly changing COVID-19 mandates, the six Long Doggers restaurants across the county began offering groceries through their drive-through windows. Now, as Florida begins a 30-day stay-at-home order, Burr wants to take care of his employees. Money coming in from the government's Coronavirus Aid, Relief and Economic Security (CARES) Act will go to set a $20 minimum wage for everyone who works at the restaurants. ...

Bank of America reaches minimum wage goal ahead of anticipated date

By Caroline Hudson March 31, 2020 Bank of America Corp. (NYSE: BAC) has raised its minimum wage to $20 per hour about a year ahead of schedule. The Charlotte-based bank announced plans in April 2019 to raise its minimum wage to the $20 threshold by 2021. BofA then hiked its minimum wage from $15 per hour to $17 per hour in May 2019. "Investing in our teammates by paying fairly, and providing competitive benefits and programs is key to our commitment to being a great place to work," said Sheri Bronstein, chief human resources officer at BofA. BofA said its minimum wage has risen by nearly $9 since 2010. Read More

Ed Markey: $15 An Hour Minimum Wage Maybe Isn’t High Enough

By Tom Joyce February 24, 2020, Massachusetts U.S. Senator Ed Markey advocates for a $15-an-hour minimum wage, but what about a $20 an hour? Markey sounded game during a recent interview with New Boston Post. Over the past year, some Democrats have signaled support for a minimum wage higher than $15 an hour. Presidential candidate and billionaire Tom Steyer voiced his support for a $22 an hour minimum wage earlier this month. And last July, U.S. Representative Rashida Tlalib (D-Michigan), a self-described democratic socialist and member of “The Squad,” argued the minimum wage should be around $20 an hour. Read More