How Much Does Bank Of America Pay Employees Bank of America employees earn an average salary of 53 211 in 2024 with a range from 26 000 to 107 000
The average salary for Bank of America Corp BOFA employees is 94 855 in 2024 Visit PayScale to research Bank of America Corp BOFA salaries bonuses reviews benefits and more Today Bank of America announced it has again increased its U S minimum hourly wage for employees on its stated path to 25 by 2025 The company will move to 23 in October By 2025 its minimum hourly wage will have increased by nearly 14 per hour or more than 121 since 2010
How Much Does Bank Of America Pay Employees
How Much Does Bank Of America Pay Employees
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In the last four years Bank of America raised the minimum hourly wage to 15 in 2019 it rose to 17 and in 2020 to 20 one year ahead of schedule Bank of America s pay for performance philosophy reinforces the company s core values and culture by inspiring employees to do great work encouraging and retaining talent and building How much do Bank of America employees get paid The median yearly total compensation reported at Bank of America is 136 627
The average Bank of America salary ranges from approximately 38 703 per year estimate for The average Bank of America hourly pay ranges from approximately 17 per hour estimate for Bank of America employees rate the overall compensation and benefits package 3 9 5 stars What is the highest salary at Bank of America Bank of America Corp will boost its minimum hourly wage to 25 an hour by 2025 from a current 20 according to its Chief Executive Officer Brian Moynihan
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A free inside look at Bank of America salary trends based on 64838 salaries wages for 9273 jobs at Bank of America Salaries posted anonymously by Bank of America employees The estimated total pay for a Customer Service Representative BANK of America is 79 814 per year in the United States area with an average salary of 55 964 per year These numbers represent the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users
Sanchez is hoping that Bank of America s recent move to increase its minimum pay to 23 an hour is a good sign for workers like him at rival banks Sanchez is hoping that Bank of America s recent move to increase its minimum pay to 23 an hour is a good sign for workers like him at rival banks
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How Much Does Bank Of America Pay Employees - Yearly Minimum Rate of Pay For Full Time Employees Will Increase To More Than 45 000 Today Bank of America announced it has raised its U S minimum hourly wage to 22 as a next step in the company s plans to increase to 25 by 2025