Bank Of American Set To Raise Minimum Wage To $20 Per Hour

If you are looking for a new job, you may want to consider working at Bank of America.

The massive bank announced that they plan on raising the minimum wage for their workers to $20 per hour by 2020.

The pay hike will affect more than 205,000 employees currently with the bank.

Minimum wage workers will see an increase to $17 per hour starting on May 1st of this year and then see an incremental increase to $20 by 2021.

Currently, the bank's employees were raised to a minimum of $15 an hour two years ago.