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BofA raises U.S. minimum hourly wage to $25, increasing starting salary to more than $50K
['Deeandra Michel']
WCCB CharlotteWCCB Charlotte
CHARLOTTE, NC – Bank of America announces it has raised its U.S. minimum hourly wage to $25 per hour.
With the increase, the minimum annualized salary for full-time employees in the U.S. will rise to more than $50,000.
From onboarding and professional development to tuition assistance and career mobility, the company is committed to a workplace where every teammate has the opportunity to grow and succeed.
“Our strong and rising minimum starting salary provides opportunities for our teammates to build a long-term career at Bank of America,” said Sheri Bronstein, Chief People Officer, Bank of America.
Bank of America also offers industry-leading benefits and employee programs for all.
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