CIBC and Scotiabank to boost base salaries for majority of staff, matching rival banks - The Globe and Mail

The increase to base salaries for employees at the lower end of its pay grade will take effect in July. The raises align with recent moves by TD, RBC and BMO

Canadian Imperial Bank of Commerce CM-T and Scotiabank BNS-T are matching moves at rival banks by raising base salaries for a majority of employees by 3 per cent. CIBC is also boosting its minimum wa… [+3068 chars]

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