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.
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