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International Business Times
International Business Times
Business
Ann Resuma

Bank Of America Raises Minimum Wage To $24 An Hour

Bank of America increased the minimum wage of its U.S. employees to $24 an hour, bringing it a step closer to its 2025 goal of giving employees a juicy $25 per hour salary.

According to CBS News, the increased wage will be implemented by the bank starting October. The bank said on Tuesday that the recent increase follows the $23 per hour rate the bank applied since September of last year.

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