Bank of America raises U.S. minimum hourly wage to $25, increasing starting salary to more than $50K
atlantadailyworld.com
The increase delivers on a pledge to hit $25 by 2025 Bank of America announced it has raised its U.S. minimum hourly wage to $25 per hour. With the increase, the minimum annualized salary for full-time employees in the U.S. will rise to more than $50,000. The increase, which goes into effect in early October, […]
  • spit_evil_olive_tips@beehaw.org
    9·
    8 days ago

    By Courier Newsroom

    Bank of America announced

    Joining the bank at the minimum wage is a launchpad for a long-term career.

    Bank of America also offers industry-leading benefits and employee programs for all.

    Bank of America’s leadership as a global employer of choice has been recognized by many external organizations

    this is just a Bank of America press release dressed up to look like a news article

    • Powderhorn@beehaw.orgMEnglish
      7·
      8 days ago

      Oh, yeah. That byline gives it away.

      Contributed Report = press release

      Staff Report = press release with minor changes

      Courier Newsroom = press release

      • PhilipTheBucket@piefed.socialOPEnglish
        2·
        8 days ago

        Ugh, that’s upsetting. I have been reading Atlanta news stuff from the Atlanta bot but apparently some of it is this, I guess. My bad, thank you for information

        • Powderhorn@beehaw.orgMEnglish
          2·
          8 days ago

          I mean, before I worked in a newsroom, I never really considered bylines. “Staff report” and its ilk are clever ways of saying “Sweet! We filled 10” without having to pay!" while intentionally looking like we did much to the copy (oh, I still copyedited the fuck out of it and spiked more than a few stories on account of needing a second source for this to be in the vicinity of journalism … simpler times).

          This shit’s generally stuff that should have to run under a “Sponsored Content” header, but if the advertiser can show a modicum of restraint, it can slip through, especially as there’s likely no copy desk to spike it and run AP copy of an out-of-state quilting bee.

  • socphoenix@midwest.social
    4·
    8 days ago

    1 bedroom apartments are going for $1,400 where I live which would be just over 33% of this (35%) so this would be the bottom end for folks… even renting 35% is starting to stretch things. By the time I’m done with utilities (phone, internet, water, gas, and electric) I’m at 21,380, or 43% of pretax wages without counting in food/other bills.