Getty Bank of America is jumping ahead of the $15 minimum wage movement. Beginning May 1st, it will hike its minimum wage to $17, and to $20 by 2021. Bank Number of Employees Wells Fargo 232,321 JPMorgan Chase 191,929 Citibank 169,092 Bank of America 142,412Source: Statista.comWhat drives Bank of America’s generosity to its employees? This week, Bank of America reported strong financial results -- as did JPMorgan Bank last week. “ Slowly but surely , this will start to change the minimum wage landscape,” he adds .

Source: Forbes April 20, 2019 15:45 UTC