Bank of America has raised its U.S. minimum hourly wage to $22 as a next step in the company’s plans to increase to $25 by 2025. In the last five years, Bank of America raised the minimum hourly wage to…
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Sheri Bronstein
- AMP NewsBusinessBusiness & FinanceFinance & Banking
Bank of America Plans Minimum Wage Increase to $25 by 2025
by AMP Staffby AMP StaffBank of America is raising its minimum hourly wage in the United States to $25 by 2025. This move comes after a recent minimum wage increase to $20 per hour. Bank of America instituted this wage increase in March 2020.…