¬21 in 2021
We’ve increased our U.S. minimum hourly wage
to $21 as a next step toward $25 by 2025.
Bank of America has raised our minimum rate of pay for all U.S. employees to $21/hour — the next step toward
$25 by 2025. Over the past four years, we have led the way by increasing our minimum hourly wage 40%.
Being a great place to work starts with investing in the people who serve our clients. Providing strong pay and
competitive benefits to support our employees and their families helps us attract and retain strong talent.
Our actions demonstrate our continuing commitment to sustain job growth and economic stability for the thousands
of individuals working in support of each other, our clients and the communities where we work and live.
We will continue our efforts to make a difference and serve as a catalyst for others to do the same.
What would you like the power to do?®
Caribbean Life, OCTOBER 22-28, 2021 9
President, Bank of America New York City
Learn more at bankofamerica.com/metroNY
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