T-Mobile takes its $20 minimum wage test company-wide
T-Mobile hikes its minimum wage to $20 an hour company wide
The current chief executive says that the company has been testing a $20 per hour minimum wage for the last few months for employees in its Customer Care group and naturally the company saw a 1,200% hike in job applications. And after a year or less with T-Mobile, depending on their jobs, employees are awarded annual stock grants, receive paid time off, and can request tuition assistance.
The CEO added, “The truth is, the vast majority of our employees already earn well above this level, especially when including incentive pay. But this move is about inclusion, and we wanted to draw a line that ensures no employee is left behind.”
T-Mobile’s Mobile Experts now make over $50,000 annually on average with a 35 hour workweek
Currently, the federal minimum wage is $7.25 an hour. 29 states and the District of Columbia (D.C.) have a higher minimum in the range of $13-$14, and five states have no minimum wage. The highest minimum wage in the country belongs to Washington D.C. where workers are supposed to be paid no less than $15.20 each hour.
While T-Mobile has been known for its efforts in eliminating customer pain points, hiking its minimum wage will earn the company a new reputation. The carrier has arguably taken the early 5G leadership in the U.S. thanks to its decision to buy Sprint in a $26 billion deal that was announced in 2018. T-Mobile made the acquisition to obtain the hoard of 2.5GHz mid-range spectrum that Sprint owned.
Mid-range spectrum was a rarity in the U.S. but is a major part of T-Mobile’s triple-layer cake system which includes its low-band 600MHz spectrum which delivers nationwide 5G signals at a download data speed of 29.5Mbps according to Opensignal. While mid-band signals can’t travel as far as low-band, they are providing users with an average download data speed of 239.3Mbps.