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American employers’ push for minimum wage increase faces an uphill battle

HR Digest

MAY 19, 2021

Bank of America on Tuesday announced it was increasing its minimum wage to $26 an hour by 2025, according to chief executive Brian Moynihan. This isn’t the first time the American multinational investment bank and financial services has raised wages. In 2017, BoA raised its minimum wage to $15 an hour.

401(k) 52
401(k) Banking Employment Parental Leave 52
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An Employers Guide to Agile Compensation Strategies

Hppy

MAY 27, 2021

By 2025, millennials will account for 75% of the world’s workforce. With the development and changes of society, such as salary and leave after implementation, sharing of parental leave, etc., Consider your team in a pay raise plan. At the same time, the composition of the workforce is changing.

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Employment Salary Engineering Payroll Manager 59
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