BMO Harris Bank raises hourly minimum wage to $15, increases community giving. (Milwaukee Journal Sentinel, 1/30/2018)
BMO Harris Bank has joined an increasing number of financial institutions in raising its minimum hourly wage to $15. The bank cited the recent federal tax reform, which lowered the corporate income tax rate, in its decision to boost employee compensation.
To the equivalent of $31,200 annually.
Meanwhile, here's what BMO has been doing of late to spur job growth.
BMO Harris to close Rockford call center, cut 21 jobs. (Rockford Register-Star, 8/30/2011)
BMO Harris cuts 157 Milwaukee jobs. (Milwaukee Business Journal, 1/18/2012)
BMO Harris to cut 74 jobs in Cedarburg, Sun Prairie. (Milwaukee Journal Sentinel, 9/13/2012)
BMO Harris banks cuts jobs in Minneapolis. (Minneapolis/St. Paul Business Journal, 12/6/2013)
BMO Harris bracing for  job cuts. (Crain's Chicago Business, 5/26/2016)
Related tax cuts and bonuses and whatnot posts:
American Family Insurance. (1/26/2017)
Sinclair Broadcasting. (12/25/2017
Bank of America (12/22/2017)