BofA bumps minimum wage again on the way to $25 hourly
BofA bumps minimum wage again on the way to $25 hourly
By Katherine Doherty | Bloomberg
Bank of America is bumping its minimum hourly wage to $21, taking another step toward a goal of paying $25 by 2025.
The move, announced Wednesday, nudges pay up from $20, a level the firm had enacted last year ahead of schedule. A $21 wage translates to a full-time annualized salary of $43,680. It extends a series of hikes lifting the firm’s base pay from $15 in…
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