We’ve Increased Our Minimum Pay
Launch Federal Credit Union is excited to announce that effective January 1, 2017 we are increasing our minimum pay for entry level employees to $12.00 per hour. This favorably compares to the state minimum wage of $8.10 per hour, and a national minimum wage of $7.25 per hours.
What Will Be The Effect?
By increasing the minimum pay at the entry level, we believe it will strengthen our ability to recruit great talent, and develop a strong pipeline of well-trained individuals who will be excited to advance their careers within Launch FCU. We believe that better pay equals higher quality employee, which will provide our members with better service and value.
Most of Launch FCU’s executive management began their financial careers as tellers. We are constantly striving to train, educate, and mentor our new talent so they can be promoted to the next level. Launch FCU plans to increase the minimum pay every year. Along with a competitive wage structure, Launch FCU offers a generous benefits package, Monday through Friday hours for employees, tuition reimbursement, a 401(k) plan, training opportunities, and a friendly and inviting work environment.
By offering a higher starting pay, it not only increases our ability to be fully staffed for our members, but it also serves as a benefit to the local economy. Being a local credit union with branches exclusively in Brevard and Volusia Counties means our employees live and raise their families in the communities where they work, and they spend their paychecks locally. This benefits both small and large businesses and boosts the standard of living in our area.
We realize you have a lot of choices when it comes to where you bank. We hope you agree that the new Launch Minimum Wage is a win-win for our employees, members, and the local economy.
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