Citigroup Says It Will Use Raises To Narrow Pay Gap

NEW YORK (AP) – Citigroup says it will slightly raise pay for women and minorities to close a gap with men and whites.
A sign stands in front of a Citibank branch office. (credit: Justin Sullivan/Getty Images)
The big bank says an internal survey shows women get 99 percent as much as men in similar jobs and minorities in the U.S. get 99 percent as much as whites. Those are smaller gaps than in the overall work force.
The bank’s head of human resources said Monday it told employees it