T-Mobile employees are getting a new hourly minimum wage of $20, according to an announcement Friday by the CEO, coming at a time when the purchasing capacity of Americans keeps going down due to a 39-year high inflation rate.
CEO Mike Sievert said that the move was about providing a competitive wage for everyone, including new team members. T-Mobile has around 75,000 employees, as of 2020, and this raise is applicable to all full-timers and part-time staff. The Washington-based telecom provider currently services close to 107 million customers in the country.
