Tag: Minimum Wage


Bank of America boosts minimum hourly wage to $23

September 21, 2023

Via: Banking Dive

Bank of America will boost its minimum hourly wage to $23 next month, in its latest step toward paying its lowest-earning employees $25 per hour by 2025, the company announced Wednesday. The Charlotte, North Carolina-based lender has bumped up its […]

Activity, Corporate Banking

Bank of America to Raise Minimum Wage to $20 From $15 in Two Years

April 9, 2019

Via: TheStreet

Bank of America, (BAC – Get Report) , the second-biggest U.S. bank, said it would raise the minimum hourly wage for employees to $20 by 2021 from about $15 currently in an effort to improve recruitment and retention efforts. A […]

Capital and Risk, Macroeconomic

More Cities and States Might Boost Minimum Wage in 2016

January 13, 2016

Via: Daily Finance

One could argue that 2015 was the year of the $15 minimum hourly wage. But 2016 could provide another big boost to efforts to hike pay. Fourteen cities, counties and states approved $15 minimum wage laws this year, according to […]