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T-Mobile is giving workers a raise as it deals with inflation and staffing issues from the pandemic. Late last week, CEO Mike Sievert announced that the company will raise its minimum wage to $20 an hour.
Sievert wrote: "It’s a job-seekers’ market, which means competition to keep and find top talent is competitive". Earlier this year, it was reported that T-Mobile was looking to fill 5,000 jobs over the next 18 months.
Will more employers follow this lead and raise its minimum pay rate? Is low pay part of the reason businesses are struggling to find enough workers?