Bank of America to hike minimum wage for all employees to $20 per hour a year ahead of schedule

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Bank of America to hike minimum wage for all employees to $20 per hour a year ahead of schedule
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Bank of America will its minimum wage to $20 an hour early next year, instead of 2021 as originally expected.

The company announces that its workers will earn a minimum of $20 per hour starting by the end of 2020's first quarter.

Bank of America's decision to move up the wage hike is "part of the company's commitment to delivering sustainable, responsible growth by being a great place to work," according to a statement.decided to move up an increase in the company's minimum to early 2020 from 2021. The company announced Monday that its workers will earn a minimum of $20 per hour starting by the end of next year's first quarter.

Bank of America's decision to move up the wage hike is "part of the company's commitment to delivering sustainable, responsible growth by being a great place to work," according to a statement.

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