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Article

1 Oct 2015

Author:
Amalgamated Bank (USA)

#RaiseTheWage

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Over 45 million Americans live in poverty in part because the federal minimum wage of $7.25 per hour is too low. In fact, wages are so low that, according to one study, a minimum wage worker working a standard 40-hour week cannot afford to rent a one-bedroom apartment anywhere in America without spending more than 30 percent of his or her income. If we do not take action now to raise the wage, low wage workers and their families may never exit the cycle of poverty. That is why we at Amalgamated Bank recently became the first bank in the nation to raise our minimum wage to $15 per hour, and we call on all banks to do the same.

Sign the petition: Add your name to our petition demanding that Congress raise the minimum wage. Share why you believe America needs a raise.  Spread the word... Bank with purpose...