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Bank of America increases minimum wage to $21 an hour amid labor shortages
The Hill ^ | 10/08/2021 | Lexi Lonas

Posted on 10/08/2021 10:38:26 AM PDT by ChicagoConservative27

Bank of America increases minimum wage to $21 an hour amid labor shortages © Greg Nash The Bank of America is increasing its minimum wage to $21 an hour amid labor shortages across the country,

The company announced the increase Wednesday, following its move in May to make all its U.S. vendors pay its employees at least $15 an hour.

“Our company’s focus on Responsible Growth requires that we provide a great place to work,” said Sheri Bronstein, chief human resources officer at Bank of America.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: bankofamerica; minimum; wage
People will still not apply. They would rather get child tax credits and unemployment checks while walking the mall all day eating the food court.
1 posted on 10/08/2021 10:38:26 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

BofA did not increase the minimum wage. They increased their STARTING WAGE.

Crap reporting and I blame the Marxist they have as an editor.


2 posted on 10/08/2021 10:40:45 AM PDT by MercyFlush (The truth about Australia: https://www.youtube.com/watch?v=9TjgGJHDVxo)
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To: MercyFlush

Exactly.


3 posted on 10/08/2021 10:43:48 AM PDT by Gene Eric (Don't be a statist!)
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To: ChicagoConservative27

Yes, amid labor shortages and then advertises with words as if it is only doing it to be a good, socially conscious corporate citizen. I knew what was going on when I saw their full page WSJ ad this morning selling their new found socially conscious wage attitude. Made me want to puke.


4 posted on 10/08/2021 10:45:05 AM PDT by Wuli
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To: ChicagoConservative27

Pretty soon that’ll be enough for a gallon of gas.


5 posted on 10/08/2021 10:48:21 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: ChicagoConservative27

$21. starting wage for a clerk....I expect there willl be those who will certainly jump at that.


6 posted on 10/08/2021 10:50:19 AM PDT by caww ( )
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To: Wuli

In capitalism, businesses are allowed to make decision. Some companies will get better employees if they offer higher compensation. Others may not get value for their compensation.


7 posted on 10/08/2021 10:53:08 AM PDT by nickcarraway
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To: rktman

BOA is as connected as was First National City was


8 posted on 10/08/2021 10:53:27 AM PDT by shadeaud (We have to discover the real truth and who did all the funding. This is American ....Defend it)
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To: ChicagoConservative27

I didn’t know they had dish washers and toilet cleaners there. And before you go hate’n they sub those things out:-)


9 posted on 10/08/2021 10:54:07 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: shadeaud

One of many financial orgs I won’t do business with.


10 posted on 10/08/2021 10:59:02 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: nickcarraway

Spare us YOUR business philosophy. BankAmerica was selling its social-political philosophy, rent seeking with the Dim politicians and the likes of AOC, not telling as how good THEIR business philosophy is. But they know the idiots will read their ad and not realize labor shortages and inflation alone require they raise their starting salaries at the low end of their jobs. At the same time, they’ll likely ask for more work or less costly contracts from their vendors that clean their offices and which hire the cheapest labor they can.


11 posted on 10/08/2021 11:05:11 AM PDT by Wuli
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To: rktman

They ratted on any customer using their CC to attend Trump’s Jan 6th rally.


12 posted on 10/08/2021 11:05:51 AM PDT by sanjuanbob
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To: ChicagoConservative27

One task: Replace each marked bill of payoff money to Hunter Biden with a non-marked bill and recount it to make sure accurate. Full time but seasonal work. Rubber fingertip protectors supplied by employer. Experience with organized crime preferred but any past Dem Party or Soros work acceptable.


13 posted on 10/08/2021 11:23:26 AM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: ChicagoConservative27

You can’t live on that!
/s


14 posted on 10/08/2021 11:28:00 AM PDT by SaxxonWoods (Leave. Us. Alone.)
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To: ChicagoConservative27

Wow, go for it.

The downside is you have to work for B of A.


15 posted on 10/08/2021 12:12:28 PM PDT by lurk ( )
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To: ChicagoConservative27

Does the company require muzzles and clot shots...?

If so, that likely explains a lot.


16 posted on 10/08/2021 12:14:51 PM PDT by mewzilla (Those aren't masks. They're muzzles. )
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To: MercyFlush

And of course stuff like sweeping the floors is handled by outside contractors.


17 posted on 10/08/2021 12:32:38 PM PDT by Salman (It's not a "slippery slope" if it was part of the program all along. )
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