Tags: Trump Tax Reform | charter communications | minimum wage | tax cuts

Charter Communications Sets $15 Minimum Wage After Tax Cuts

Image: Charter Communications Sets $15 Minimum Wage After Tax Cuts

Tom Rutledge, CEO of Charter Communications Allen & Company Sun Valley Conference, USA - 14 Jul 2017 (Rex Features via AP Images)

By    |   Saturday, 03 February 2018 01:08 PM

Charter Communications is instituting a $15-per-hour minimum wage across-the-board for its workers by the end of this year, following recently passed tax reform legislation and the FCC's decision to roll back net neutrality, according to CEO Tom Rutledge.

"With the resources and investment confidence resulting from historic tax reform legislation and the FCC’s removal of the 1930’s era regulatory framework for internet service, Charter is increasing our investment in our workforce," Rutledge said, according to Broadcastingcable.com.

"Raising our minimum wage is the right thing to do for our employees and our company. The majority of our employees are call center representatives, field technicians and staff at Spectrum stores."

The employees' pay will vary by state, but there will no wages below $15.

President Donald Trump's tax cut legislation reduced the corporate tax rate from 35 percent to 21 percent. Meanwhile, the FCC's rules on net neutrality have not yet taken effect.

"A higher minimum hourly wage will put more money in their pockets and help put them and our country on track for an even better future," Rutledge said.

© 2018 Newsmax. All rights reserved.

   
1Like our page
2Share
Newsfront
Charter Communications is instituting a $15-per-hour minimum wage across-the-board for its workers by the end of this year, following recently passed tax reform legislation and the FCC's decision to roll back net neutrality, according to CEO Tom Rutledge.
charter communications, minimum wage, tax cuts
179
2018-08-03
Saturday, 03 February 2018 01:08 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved