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Bank of America Raises Minimum Hourly Wage to $17

Next Step on Path to $20 by May 2021 CHARLOTTE, N.C.--(BUSINESS WIRE)-- Last month, Bank of America announced that it would raise its minimum hourly wage to $20 over a two-year period. The first increment to $17 was made on May 1, and is reflected in impacted employees’ paychecks this week. The...

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