BofA Raises U.S. Minimum Hourly Wage to $25, Increasing Starting Salary to More Than $50K

By SquaredTown on September 17, 2025

BofA Raises U.S. Minimum Hourly Wage to $25, Increasing Starting Salary to More Than $50K

The increase delivers on a pledge to hit $25 by 2025 CHARLOTTE, N.C., Sept. 17, 2025 /PRNewswire/ -- Today, Bank of America announced it has raised its U.S. minimum hourly wage to $25 per hour. With the increase, the minimum annualized salary for full-time employees in the U.S. will rise...

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