Fifth Third Bancorp to Raise Minimum Hourly Wage to $18

michiganchronicle.com - 08-08

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Fifth Third Bancorp announced it will raise its minimum wage to $18 per hour for approximately 4,900 employees beginning Oct. 28. “Our employees continue to be our greatest asset,” said David Girodat, Regional President of Fifth Third Bank in Eastern Michigan. “I’m extremely proud to be the first regional bank to announce a wage increase to $18 an hour. This will help us attract and retain the best employees, who will ultimately help improve the lives of our customers and the community.”