Bank of America Raises Minimum Wage to $25/hour, Boosts Annual Salary to Over $50,000.
ByAinvest
Wednesday, Sep 17, 2025 8:22 am ET1min read
BAC--
Bank of America has raised its minimum hourly wage to $25 for full- and part-time employees, effective next month. This brings the minimum annual full-time salary to over $50,000, up from $20,000 since 2017. The bank has approximately 213,000 employees in 35 countries and has distributed close to $5.8 billion in restricted stock awards since 2017.
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