Bank of America raises its minimum wage to $21 an hour - NewsBreak
By Suzana in Business
Updated 3 years ago
Bank of America will pay its U.S. workforce at least $21 an hour, the bank announced Wednesday. Why it matters: The increase — which means a large portion of the bank's 174,000 workers in the U.S. will get raises — puts Bank of America at nearly three times the minimum wage of $7.25 per hour, per CBS News.