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JPMorgan Chase (JPM + 4.1%) CEO Jamie Dimon told reporters during a phone call that the bank's base salary of between $ 35,000 and $ 37,000, as well as medical and retirement expenses, compared quite well to those in other sectors.
"When we look at wages, it's better to look at others," he said. "The banking sector is very good."
JPMorgan pays a minimum of $ 16.50 an hour, which rises to $ 18 in major cities, he said.
At the call on Friday, he asked New York Times and CNBC reporters how much their employers pay the novice workers.
Representative Katie Porter (D-CA) disputed the CEO's remarks at the congressional hearings on Wednesday, saying that a JPMorgan minimum wage earner would not be able to cover her monthly expenses.
Previously: Jamie Dimon's pay for 2018 rose to $ 31 million, a pre-crisis record (Jan. 17)
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