Agency / Department: US Bank
Resource: Premium Pay Program – for front line employees
Details: U.S. Bank is investing in a Premium Pay Program. Effective March 23, eligible critical front-line employees will receive a 20% wage premium during the four-week program. The Premium Pay Program applies to more than 30,000 critical employees at branches, operations and contact centers, field operations offices and critical service locations. U.S. Bank will continue to assess the environment to determine if the program will be extended beyond the initial four-week period. This is in addition to our existing program to provide additional paid time off for employees affected by COVID-19, among other relief programs.