Bank of America will hike its minimum wage to $20

New York (CNN Business)Bank of America is raising its minimum pay to $20 an hour for its more than 205,000 employees. US employers are competing in a tight labor market in which fewer people are struggling to find jobs. In March, the unemployment rate stood at 3.8% year-over-year. Wages have been on the rise as well. Bank of America declined further comment on the matter. Original Article : HERE ; This post was curated & posted using : RealSpecific