A Bank of America logo is pictured in the Manhattan borough of New York City, in January 2019. Bank of America has raised its minimum hourly wage in the United States to $24, it said today.

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.

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 ...

Bank of America is raising its starting wage to $17 an hour beginning in May in a longer-term effort to increase it to $20 by 2021. The retail banking giant currently pays $15 an hour to start.

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. The bank ...

Bank of America announced on Wednesday that it has raised its U.S. minimum hourly wage to $21, the next step in the company’s plans to increase the pay to $25 by 2025.. With employees getting ...

Battle to raise the federal minimum wage 10:49. The nation's second largest bank will pay its employees a minimum hourly wage of $25 by 2025. Bank of America said its $25-an-hour pledge means ...

Bank of America will raise the minimum wage for its employees to $20 an hour in the next two years and freeze health care cost increases for lower-paid workers, the company said Tuesday.

Sept 10 (Reuters) - Bank of America (BAC.N), opens new tab 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 ...

Full-time employees in the U.S. will now have a minimum annualized salary of $50,000, up from $48,000, the bank said. Back in 2021, Bank of America had pledged to raise its minimum hourly wage to ...

Bank of America (BAC) said Tuesday that it will raise the hourly minimum wage of its US employees to $25 by 2025. “It costs us a few hundred million dollars a year … but it’s an investment ...

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 2025, as it ...