The minimum wage at Bank of America is going 25 dollars an hour.
Just not right away.
The banking giant says its minimum wage will be at 25 dollars per hour in the United States by 2025.
In 2020, B of A hiked its minimum wage to 20-dollars an hour.
And Bank of America has informed the vendors it does business with, in the United States, are required to pay their employees at least 15 dollars an hour.
ILE – In this Feb. 10, 2021 file photo, Bank of America signage is shown in Atlanta. Consumer banking giant Bank of America plans to set the minimum wage for all positions at the company to $25 an hour by 2025, the bank said Tuesday, May 18. (AP Photo/John Bazemore, File)
May 18th 2021