Employees at 5G leader T-Mobile now make no less than $20 per hour

We would be very surprised if T-Mobile did not start collecting an even larger number of job applications than it has been. On Friday, the nation’s second-largest wireless provider (after Verizon) announced a new company-wide increase in its minimum wage to $ 20 an hour. In this announcement, the company says that most of its employees are already earning a higher salary than the new minimum.

T-Mobile takes its $ 20 minimum wage test across the enterprise

The announcement was made by the company’s CEO Mike Sievert, who spent many years as former CEO John Legere’s right hand man before taking over the position following Legere’s split. Since the man credited with making T-Mobile what it is today back on May 1, 2020, the shares of the wireless provider’s stock rose 33% to Friday’s closing of $ 114.77.

The current CEO says the company has been testing a minimum wage of $ 20 an hour for the past few months for employees in its customer care team, and of course the company saw a 1,200% increase in job applications. And after a year or less with T-Mobile, depending on their job, employees are awarded annual share grants, get paid free and can request tuition assistance.

In a statement, Sievert said: “Every single employee at T-Mobile, even our newest team members who have just started building their competence base, should have a competitive salary. So we have decided to implement a nationwide minimum wage at T-Mobile of at least $ 20 an hour. This will now apply to every employee regardless of role, or full-time or part-time status. “

The CEO added: “The truth is that the vast majority of our employees already earn well above this level, especially when incentive pay is included. But this move is about inclusion and we wanted to draw a line that ensures that no employees are left behind. “

T-Mobile’s mobile experts now earn an average of over $ 50,000 a year with a 35-hour work week

Currently, the federal minimum wage is $ 7.25 per hour. 29 states and the District of Columbia (DC) have a higher minimum in the $ 13- $ 14 range, and five states have no minimum wage. The highest minimum wage in the country belongs to Washington DC, where workers are supposed to be paid no less than $ 15.20 per hour.

According to AndroidPolice, T-Mobile’s new minimum wage tops the minimum wage paid by employee-friendly Costco (minimum wage at $ 17 per hour) and Amazon ($ 18 minimum wage with some areas topping T-Mobile at $ 22.50 per hour). In a statement, T-Mobile said: “As of December 1, 2021, we ensure that all retail employees earn at least $ 20 / hour, including base salary and incentives, with the opportunity to earn more! In fact, our mobile experts earn an average of $ 28 / hour. “That’s more than $ 50,000 a year for a 35-hour work week!”

While T-Mobile has been known for its efforts to eliminate customer pain points, raising its minimum wage will give the company a new reputation.

William

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