Bank of America
Bank of America
Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets.
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Bank of America is bumping its minimum hourly wage to $21, taking another step toward a goal of paying $25 by 2025.
October 6 -
In an effort to diversify its workforce, the company hopes to reach this goal by 2025.
September 30 -
The bank joins a growing number of businesses increasing salaries to lure workers to Wall Street.
August 13 -
More companies are offering higher wages and cash payments to employees as the U.S. economy rebounds from the pandemic.
May 18 -
The lender is encouraging employees to get vaccinated and allowing some locations to reopen if half of staff there are inoculated.
April 20 -
Bank of America pledged an additional $250 million toward its push to advance racial equality, adding more programs that advocate for Asian Americans to its existing initiatives.
April 1 -
The leading factor behind job dissatisfaction for Black employees is underrepresentation in professional and management roles.
March 10 -
During the pandemic, the company rolled out a raft of extra benefits for its staff, 85% of whom were sent to work from home.
February 1 -
Our top stories from January look at predictions for the workplace this year and how employers plan to tackle COVID-19 vaccinations.
January 28 -
Through the end of the first quarter, workers will be reimbursed $75 or $100 a day to pay caregivers, depending on the employee’s compensation.
December 16