Wells Fargo To Raise Minimum Hourly Pay For US Employees

Wells Fargo & Co. is set to raise its minimum hourly pay levels in a majority of its U.S. markets by a maximum of about 32 percent based on various factors such as cost of living in different markets. The pay increases, which will take effect by the end of 2020, will impact more than 20,000 U.S.-based employees.