Bank of America $20 wage per hour starting by the end of 2020.

Bank of America decided to move up an increase in the company’s minimum to early 2020 from 2021.

The company announced Monday that its workers will earn a minimum of $20 per hour starting by the end of next year’s first quarter.

READ  Bicycle owner clotheslined by hose 'didn't stand an opportunity', says act was malicious and felony

Bank of America’s decision to move up the wage hike is “part of the company’s commitment to delivering sustainable, responsible growth by being a great place to work,” according to a statement.

READ  The New Toyota Supra Will Provide a (BMW) 4-Cylinder Engine

Bank of America had announced on April 9 the minimum wage hike to $20 per hour would take place in two years. The company also raised its minimum salary earlier this year to $17 per hour from $15 per hour.

READ  Disney Plans To Eradicate Plastic Straws From Properties By 2019

The bank’s move comes as the minimum wage has become a hot-button issue in Washington. In July, the House passed a bill to raise the federal minimum wage to $15 per hour.


Please enter your comment!
Please enter your name here