city New York Washington state North Carolina Charlotte, state North Carolina city New York Washington state North Carolina Charlotte, state North Carolina

Bank of America to raise minimum hourly wage to $25 by 2025

Reading now: 802
www.fox29.com

CHARLOTTE, N.C. - As the debate continues in Washington over whether to raise the federal minimum wage to $15 an hour, Bank of America continues to far outpace the discussion.The nation’s second-largest bank announced on Tuesday it would raise its minimum wage to $25 an hour by 2025.

It’s the latest step in the trend that has seen the company’s minimum wage climb by 121% since 2010.Bank of America raised its minimum wage to $15 an hour in 2017.

Two years later, the bank again raised it to $17 an hour. Last year, it raised pay to $20 an hour, even though they weren’t expected to do so until this year, FOX Business reported.Pedestrians walk past a branch of Bank of America in New York City.

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA