Bank of America Corp. employees have received their first pay bump on the road to a minimum wage of $20 an hour. The Charlotte, North Carolina-based bank said Wednesday that it hiked its salary floor to $17-an-hour officially on May 1, which will be reflected in the paychecks that workers receive this week. As announced last month, the hourly wage will continue to rise over the next two years until it hits $20 in 2021. Bank of America (NYSE: BAC) raised its minimum wage to $15 an hour in 2017.…
from https://www.bizjournals.com/baltimore/news/2019/05/16/bank-of-america-employees-officially-get-first-pay.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184918535447
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