Wednesday - November 27, 2024
BofA Raises U.S. Minimum Hourly Wage to $24, Increasing Starting Salary to Nearly $50K
September 11, 2024
CHARLOTTE, North Carolina, Sept. 11 -- Bank of America, a financial institution, issued the following news release on Sept. 10, 2024:

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The bank has committed to $25 per hour by 2025

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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 . . .

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