Bank of America Is Raising Its Minimum Wage — Up 53% Since 2017. Here's What Full-Time Salaries Will Look Like. The North Carolina-based company said it’s increased its minimum hourly rate at least five times in the past six years. Previous Article 7 Business Funding Ideas When Capital Gets Tight Next Article SpaceX Fights Back Against Discrimination Lawsuit; Elon Musk Says the DOJ Is Being Weaponized for 'Political Purposes'