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How many additional employees will Bank of America hire in Q4 2024?
3
Resolution / Starting Odds
More than 1,000 • 25%
500 to 1,000 • 25%
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No new hires • 25%
Official hiring reports or press releases from Bank of America
Story
Bank of America Raises U.S. Minimum Hourly Wage to $24, Starting in October
Sep 10, 2024, 11:00 AM
Bank of America has announced an increase in its minimum hourly wage in the United States to $24, starting next month. This wage hike applies to all full-time and part-time hourly positions, including bank tellers and call center workers. The move brings the annualized salary for full-time employees to nearly $50,000. This initiative is part of the bank's long-term plan to raise its minimum hourly wage to $25 by 2025, a goal set seven years ago. The second largest bank in America aims to attract and retain talent through this wage increase, which will start in October and is up from the previous $23 per hour.
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