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Started By
Message
Bank of America (BAC) raises minimum wage to $20
Posted on 4/9/19 at 9:22 am
Posted on 4/9/19 at 9:22 am
5
Posted on 4/9/19 at 9:38 am to bayoubengals88
Too bad the automation will phase out the bank teller anyway.
ATM machines can take check deposits and do other transactions ... no real need for them anymore anyway
ATM machines can take check deposits and do other transactions ... no real need for them anymore anyway
Posted on 4/9/19 at 10:57 am to bayoubengals88
I bet they hire contractors for all their low wage jobs, so they don’t have to pay them this anyway. Virtue signaling at a corporate level
Posted on 4/9/19 at 12:36 pm to Upperdecker
quote:
bet they hire contractors for all their low wage jobs, so they don’t have to pay them this anyway. Virtue signaling at a corporate level
They can’t do this with anything other than janiorial and groundskeeping. If you set a work schedule for them, you have to give them a W2
Posted on 4/9/19 at 12:49 pm to Lawyered
quote:machine machines
ATM machines can take check deposits and do other transactions ... no real need for them anymore anyway
Posted on 4/9/19 at 12:51 pm to Lawyered
I usually use AT machines
Posted on 4/9/19 at 3:22 pm to bayoubengals88
That's semantics. The minimum wage at my company is $18... because we don't have any positions worth less than $18/hr.
Posted on 4/9/19 at 3:37 pm to Lawyered
quote:
Too bad the automation will phase out the bank teller anyway.
ATM machines can take check deposits and do other transactions ... no real need for them anymore anyway
my company is in the middle of a three year phased removal of the lobby teller area in all branches of a credit union, replacing it with "virtual teller machines" connected to a small teller staff at a remote location
Posted on 4/9/19 at 6:09 pm to cgrand
We have a virtual teller machine at my local branch...I haven't had any issues since they got rid of the ~2 folks that used to staff it.
Posted on 4/9/19 at 7:06 pm to Upperdecker
quote:
I bet they hire contractors for all their low wage jobs, so they don’t have to pay them this anyway. Virtue signaling at a corporate level
you would lose that bet
the trend is to reduce staff numbers and pay more for the skilled labor that remains in front of the customer.
Posted on 4/11/19 at 6:17 pm to bayoubengals88
This includes college interns too. 5 years ago they didn’t have to be paid. They went to $10, then $15 and soon $20 an hour. Not a bad gig for the college kids. Has to sting for the advisors paying then.
Posted on 4/11/19 at 7:45 pm to bayoubengals88
No biggie. Businesses can run how they want to run.
So long as the government isn't manipulating labor at the force of a gun, then I am happy.
So long as the government isn't manipulating labor at the force of a gun, then I am happy.
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