Oregon Community Credit Union Implements $15 Per Hour Minimum Starting Wage
January 26, 2021
Oregon Community Credit Union is taking the progressive step of implementing a $15-per-hour minimum starting wage, effective Jan. 1. Paying $15 per hour as a minimum starting wage is more than double the federal minimum wage of $7.25 and surpasses the Oregon urban minimum wage of $13.25.
“OCCU has a strong reputation for exceptional member service and generous support of our communities, and we know that caring for our employees is essential to both,” says Ron Neumann, President and CEO. “Providing a minimum wage of $15 an hour and robust benefits helps to ensure that our employees are able to earn livable wages. We wholeheartedly support communitywide advocacy efforts to bring more job opportunities with livable wages to our community and hope this move will set an example for other businesses.”
The $15 minimum starting wage is not for only newly hired employees; current employees will receive a boost if not already earning $15 per hour.
“Implementing a progressive $15-an-hour starting wage for all OCCU employees is an essential initiative for OCCU,” said Tracey Keffer, Chief Human Resources Officer. “As an employer of choice, it is important to us to ensure that our employees are benefiting from competitive wages and meaningful benefits for themselves and their families. This includes affordable medical and dental plans, long-term and short-term disability plans, and a robust 401(k) plan. These things, coupled with an engaging culture, help us to deliver an exceptional experience to our members.”
Posted in Member News.