Bank of America Raising Minimum Wage to $23/hr in October as Part of Plan to Reach $25/hr by 2025
-
Bank of America raising minimum wage to $23/hr in October
-
Increase part of goal to get to $25/hr minimum by 2025
-
Second largest U.S. lender has increased pay several times recently
-
Started with move to $15/hr minimum in 2017
-
Bank says competitive minimum pay is "foundational"