Bank of America Boosts U.S. Minimum Wage to $24 an Hour, Full-Time Workers Now Earn $50K Annually
Author: Benzinga Newsdesk | September 10, 2024 05:57am
Today, Bank of America announced that it has raised its U.S. minimum hourly wage to $24 per hour, the latest step in the company's commitment to $25 by 2025. With the increase, the minimum annualized salary for full-time employees in the U.S. will rise to nearly $50,000. The increase applies to all full-time and part-time hourly positions in the U.S.
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