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Tom Ellsworth (Biz Doc) | PBD Podcast | EP 62

PBD Podcast

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Banking on Change: The $25 Wage Debate

This chapter explores Bank of America's decision to raise its minimum wage to $25 an hour by 2025, analyzing its implications on talent attraction and the industry's shift towards automation. The discussion also critiques the traditional views of banking employment strategies while emphasizing personal responsibility and growth in relation to wage dynamics.

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