Bank of America has raised its minimum hourly wage in the United States to $24, it said today. The move brings the bank closer to its plan to reach a $25 minimum hourly wage by 2025, as it aims to ...

“We are raising our minimum wage because we believe that to best serve our customers and clients, we need the best teams,” said Sheri Bronstein, chief human resources officer at Bank of ...

Bank of America is closing in on its objective of paying its U.S. workers a minimum of $25 an hour by 2025, increasing its base wage to within a buck of that goal starting in October. The step ...

Bank of America has announced its plans to raise the company's minimum hourly wage to $23 in October.The objective is to achieve a minimum employee wage of $25 by the year 2025. Currently, the ...

Bank of America is raising its minimum wage to $24 per hour, getting a step closer to the company’s goal of increasing it to $25 per hour by 2025, the U.S. lender announced on Tuesday.

Bank of America (NYSE:BAC) announced on Wednesday that it is raising its U.S. minimum hourly wage to $23, effective from October. This is part of the bank's broader commitment to reach a minimum ...

Bank of America has raised its national minimum wage to $24 an hour, bringing the minimum annualized salary to $50,000, according to a statement released today. That’s $20,000 more than ...

Bank of America’s new per-hour minimum wage will be $15.75 higher than the $7.25 per hour required by federal law for non-tipped workers. The federal minimum wage has remained flat since 2009.

Flashback: Bank of America was early among peers to raise pay for its lowest-paid workers. In 2019, the bank said it would pay $20 per hour, at minimum. The following year it hiked pay by $3 per ...

(Reuters) - Bank of America has raised its minimum hourly wage in the United States to $24, it said on Tuesday. The move brings the bank closer to its plan to reach a $25 minimum hourly wage by ...

Bank of America (BAC) has announced its plans to raise the company's minimum hourly wage to $23 in October. The objective is to achieve a minimum employee wage of $25 by the year 2025. Currently, the ...