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.

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 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 (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 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’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.

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 ...

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 ...

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 ...

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 ...