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.

When the pay bumps first began in 2018, Bank of America committed itself to raising minimum wage to $25 by 2025. In the time since, the minimum salary for full-time employees has risen nearly $20,000.

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 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.

A former Bank of America NA loan officer who says it owes ex-workers pay for unused vacation time failed to qualify as a ...

Bank of America announced Sept. 10 it raised its U.S. minimum wage to $24 per hour. The move brings the financial institution a step closer to its commitment of $25 per hour minimum wage by 2025.

The bank’s goal is to reach a minimum wage of $25 an hour by 2025. For some context, the national minimum wage is only $7.25, but in states that have a higher minimum wage, employers must honor ...

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 ...

The move to $24 per hour would boost the bank’s lowest annual salaries to about $50,000, the bank said. If Bank of America hits its $25-per-hour goal next year, its minimum hourly wage will have ...