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Dive Brief: Bank of America announced May 18 it will raise its minimum wage to $25 per hour by 2025; it also announced that all its contracted U.S. vendors are now required to pay their employees affiliated with the bank $15 per hour, as well. The bank raised its minimum wage to $20 in March of last year, one year ahead of its original schedule, the company said. A core tenet of responsible growth is our commitment to being a great place to work which means investing in the people who serve our clients,  Sheri Bronstein, chief human resources officer at Bank of America, said in a statement. That includes providing strong pay and competitive benefits to help them and their families, so that we continue to attract and retain the best talent.

United statesSheri bronsteinUs senate budget committeeDive briefBudget committeeஒன்றுபட்டது மாநிலங்களில்ஷெரி ப்ரோன்ஸ்டீன்எங்களுக்கு செனட் பட்ஜெட் குழுடைவ் சுருக்கமானபட்ஜெட் குழு