Local

BNY Mellon ups minimum wage, expands benefits

By Patty Tascarella: Pittsburgh Business Times

BNY Mellon ups minimum wage, expands benefits One of the biggest banks and employers in Pittsburgh is raising its minimum wage and expanding mental health resources for employees in the coming year. (WPXI)

By Patty Tascarella: Pittsburgh Business Times

PITTSBURGH — One of the biggest banks and employers in Pittsburgh is raising its minimum wage and expanding mental health resources for employees in the coming year.

BNY Mellon on Friday announced updates to employee benefits for 2024.

Its minimum hourly salary rate for U.S.-based employees will increase from $20 to $22.50 per hour effective March 1. BNY Mellon said the 12.5% hike is its third in the last three years and more than triples the federal minimum wage.

Click here to read more from the Pittsburgh Business Times.

Download the FREE WPXI News app for breaking news alerts.

Follow Channel 11 News on Facebook and Twitter. | Watch WPXI NOW

TRENDING NOW:

  • Man arrested in connection with fatal shooting in Stowe Township
  • DA’s office raids Washington Co. coroner solicitor’s office days after coroner’s office raid
  • Canonsburg priest facing hundreds of felony charges for allegedly stealing over $100K from church
  • VIDEO: ‘It was a miracle I lived’: Restaurant owner shot in crime spree speaks out after man sentenced
  • DOWNLOAD the Channel 11 News app for breaking news alerts
    • TOP STORIES FROM CHANNEL 11 NEWS

    ©2023 Cox Media Group

    Most Read