Bank of America Increases US Minimum Hourly Wage to $23 as Next Step to $25 by 2025
“Providing a competitive minimum rate of pay is foundational to being a great place to work,” said Sheri Bronstein, chief human resources officer at Bank of America. “By investing in a variety of benefits to attract and develop talented teammates, we are investing in the long-term success of our employees, customers and communities. Our commitment to $25 by 2025 is how we share success with you and lead the way for other companies.”Bank of America’s leadership as a global employer has been recognized by many external organizations, most recently including...