YOUR BUSINESS AUTHORITY
Springfield, MO
Bank of America announced it would raise the minimum wage for employees to $20 per hour.
The company intends to start raising wages this year and complete the increase in two years.
"If you get a job at Bank of America, you'll make $41,000," Chairman and CEO Brian Moynihan told MSNBC on Tuesday. "With the success our company has ... we have to share that success with our teammates."
Read more from CNBC.
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