![bank-of-america-generic-getty-image.jpg](https://assets2.cbsnewsstatic.com/hub/i/r/2018/04/11/e4c54827-caf2-497b-8d82-e2287c3707a3/thumbnail/640x360/1e63a30903738ad8dc1b528dd5797a1d/bank-of-america-generic-getty-image.jpg?v=d8f7565ef3e8b72561ee316b5993cbf9#)
Bank of America Raising Employees Minimum Wage To $20
The American job market remains tight, and banks are scrambling to find people who want to work at their branches. That's why Bank of America is raising its minimum wage to $20 an hour in 2020 — a year earlier than expected.