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This change marks a substantial $1 yearly increase for top-tier employees over the next three years.

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Its a bold strategy designed to strike a balance between flexibility and workplace innovation.

Bank of America

Bank of America announcedit will raise its U.S. minimum hourly wage to $25 by 2025.

The decision impacts roles across various departments, from customer service and claims to administrative roles.

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This is part of Walmarts strategy to strengthen its workforce amid labor challenges and growing demand.

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