Published 09/10/2024 9:00:00 p.m.

Bank of America raises employee minimum wage to $24 per hour

Bank of America is raising its minimum wage to $24 per hour, aiming for $25 by 2025, affecting both part-time and full-time positions in the U.S.
The increase highlights income disparities within the financial industry, contrasting hourly retail workers with highly paid investment bankers and traders.
Sheri Bronstein, the bank's chief human resources officer, stated, “Providing a competitive minimum wage is core to being a great place to work.

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Reuters

Bank of America boosts US minimum hourly wage to $24

Bank of America has raised its minimum hourly wage in the United States to $24, it said on Tuesday.

09/10/2024 9:00:00 p.m.·United Kingdom

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CBS News

Bank of America raises its U.S. minimum wage to $24 an hour

Bank of America is hiking its base pay starting next month and plans to further lift the company's minimum wage in 2025.

09/10/2024 5:50:53 p.m.

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The Hill

Bank of America raising its minimum wage to $24 per hour

Bank of America raises minimum wage to $24 per hour, aiming for $25 by 2025, as part of its efforts to attract and retain talent in a competitive job market.

09/10/2024 10:20:10 p.m.·Washington, United States

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Bloomberg

Bank of America Raises Minimum Wage to $24 on Way to $25 an Hour

Bank of America Corp. will increase its minimum hourly wage to $24 next month, taking the next step toward a goal of paying $25 by 2025 that it set seven years ago.

09/10/2024 10:00:00 a.m.·United States

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Star Advertiser

Bank of America boosts minimum hourly wage to $24 | Honolulu Star-Advertiser

Bank of America has raised its minimum hourly wage in the United States to $24, it said today.

09/10/2024 4:05:00 p.m.·Honolulu, United States

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npr

Bank of America raises minimum hourly pay to $24, as tellers flee the industry

Bank of America will pay hourly workers at least $24 per hour — a big jump from early 2019, when it paid $15 per hour. It has launched a series of pay raises as the industry struggles to fill bank teller jobs.

09/10/2024 6:00:00 a.m.·Washington, United States

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