| 2018-01-18 18:12:39|
FULT 18:12 01/18 01/18/18
Fulton Financial to raise its minimum wage to $12 per hour
Fulton Financial announced that during 2018, it will invest an additional $2M in the communities it serves as part of its Fulton Forward initiative; and the company will raise the minimum wage paid to employees in addition to providing an additional week of pay at year-end to employees who do not participate in an incentive plan. In addition to expanding its community support, Fulton also will raise its minimum wage to $12 per hour. The company also plans to provide an additional week of pay in 2018 to employees, who are not participants in other variable-award plans. It is expected that 75% of Fulton's approximately 3,700 employees will receive this additional week of pay.