Bank of America Raises Hourly Wage to $20

Raising the Bar The company, with more than 200,000 workers, said it is raising its minimum hourly wage to $17 on May 1 and will continue to increase pay until it hits $20 an hour in 2021. Bank of America raised its hourly minimum wage to $15 in 2017. "If you get a job at Bank of America, you'll make $41,000 per year," Chairman and CEO Brian Moynihan said during a television interview on MSNBC. https://twitter.com/stevedaniels27/status/1115619509514186752 The timing of Bank of America's announcement is no coincidence. Moynihan and the CEOs of JPMorgan Chase, Citigroup, Goldman Sachs and three other banks will appear in front of a House finance committee Wednesday in the most si...Keep on reading: Bank of America Raises Hourly Wage to $20

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