As inflation plagues the US, Bank of America (BAC), is fulfilling its promise of raising the minimum salary paid to workers, which now stands at $22 per hour. This financial institution has always been at the forefront of paying employees above average base pays since 2017. During the year, it raised the company’s minimum base pay to $15. Thereafter, the bank raised it to $17 per hour in 2019; to $20 per hour.. Read More