Discover Further Invests in Its Workforce: Raises Hourly Pay; Grants $1,000 Bonuses to More Than 15,000 Employees as Part of ...
24 Gennaio 2018 - 11:13PM
Business Wire
Discover today announced plans to raise its minimum hourly pay
rate to $15.25 for virtually all of its full-time U.S. employees as
a result of the recent corporate tax reductions after granting a
$1,000 bonus to more than 15,000 non-executive employees earlier
this month.
The new minimum rate will take effect later this year and
ultimately will impact more than 7,000 employees.
The company plans to make additional investments in its people
and will increase corporate responsibility efforts in the
communities in which it operates.
“Discover employees are the heart of the company and make up the
core of our award-winning customer experience and continued
business success,” said David Nelms, Discover’s chairman and CEO.
“Investing in them and in the places we live will make our
workplaces and communities stronger.”
Discover’s investment in its employees already includes benefits
such as maternity and paternity leave, 20 to 25 days of paid time
off in their first calendar year, tuition reimbursement,
professional development opportunities, employee resource groups,
health clubs, on-site medical clinics and the same healthcare plan
as senior executives. Each of its major locations in Arizona,
Delaware, Illinois, Ohio and Utah has been individually recognized
among the top places to work in their respective regions. Discover
is the only major credit card issuer with 100% U.S.-based customer
service.
The company is committed to helping people achieve brighter
financial futures. It does so through its flagship Pathway to
Financial Success program, which provides personal finance
instruction to high schools across the country, support for
education and donations to organizations serving the needs of the
community. Its employees provided more than 50,000 hours of
volunteer time in company-sponsored events last year.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and
payment services company with one of the most recognized brands in
U.S. financial services. Since its inception in 1986, the company
has become one of the largest card issuers in the United States.
The company issues the Discover card, America's cash rewards
pioneer, and offers private student loans, personal loans, home
equity loans, checking and savings accounts and certificates of
deposit through its direct banking business. It operates the
Discover Network, with millions of merchant and cash access
locations; PULSE, one of the nation's leading ATM/debit networks;
and Diners Club International, a global payments network with
acceptance in more than 185 countries and territories. For more
information, visit www.discover.com/company.
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version on businesswire.com: http://www.businesswire.com/news/home/20180124006294/en/
DiscoverJon Drummond224-405-1888jondrummond@discover.com
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