Money

Bank of America increases minimum wage to $21 as labor shortages push up compensation

Michelle Shen, USA TODAYComments Off on Bank of America increases minimum wage to $21 as labor shortages push up compensation

Bank of America announced a raise in its U.S. min wage to $21. The same week, Wells Fargo said banks would cut 100,000 jobs due to automation.

     
Michelle Shen, USA TODAY
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