Bank of America has raised its minimum hourly wage in the United States to $24, it said on Tuesday. The move brings the bank closer to its plan to reach a $...
- Bank of America has raised its minimum hourly wage in the United States to $24, it said on Tuesday.
Companies vying for talent in a competitive labor market are enhancing compensation packages to attract and retain skilled employees, ensuring that top performers remain within the organization. "Providing a competitive minimum wage is core to being a great place to work, and I am proud that Bank of America is leading by example," said Sheri Bronstein, the bank's chief human resources officer.
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