Bank of America Increases US Minimum Hourly Wage to $23 as Next Step to $25 by 2025
September 21, 2023
September 21, 2023
CHARLOTTE, North Carolina, Sept. 21 -- Bank of America, a financial institution, issued the following news release on Sept. 20, 2023:
Today, Bank of America announced it has again increased its U.S. minimum hourly wage for employees on its stated path to $25 by 2025. The company will move to $23 in October. By 2025, its minimum hourly wage will have increased by nearly $14 per hour -- or more than 121% -- since 2010.
This move builds on the bank's history of being . . .
Today, Bank of America announced it has again increased its U.S. minimum hourly wage for employees on its stated path to $25 by 2025. The company will move to $23 in October. By 2025, its minimum hourly wage will have increased by nearly $14 per hour -- or more than 121% -- since 2010.
This move builds on the bank's history of being . . .