Loading...
Market
Will Bank of America announce a further increase in minimum hourly wage to $25 before the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from Bank of America or credible news sources
Story
Bank of America Raises U.S. Minimum Hourly Wage to $24 Next Month
Sep 10, 2024, 10:02 AM
Bank of America has announced an increase in its minimum hourly wage for U.S. employees to $24, effective next month. This wage hike applies to all full-time and part-time hourly positions in the U.S. The move, announced on Tuesday, is part of the bank's ongoing commitment to reach a $25 minimum hourly wage by 2025, a goal set seven years ago. The increase will raise the starting salary to nearly $50,000 annually, as the bank aims to attract and retain talent.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
Decrease or no change • 25%
Above $45 • 25%
$40 to $45 • 25%
$35 to $40 • 25%
Below $35 • 25%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
Decrease or no change • 25%
More than 1,000 • 25%
500 to 1,000 • 25%
Less than 500 • 25%
No new hires • 25%
