T-Mobile US Inc. (Nasdaq: TMUS) is raising employee compensation in 2023 at a time when most tech giants are cutting staff to cut costs.

In 2023, employees below the director level will get a 50 percent increase in their annual stock grant. They will also receive a $500 bonus on July 7 and another $500 bonus on December 15.

One of the many things that makes T-Mobile unique is that every employee gets an annual stock grant. We act like owners because we are the owners. In the last year alone, T-mobile stock is up more than 20% while the overall market is down 20%!

T-Mobile, the fourth largest technology employer in Washington State, has one of the best stock dynamics among its peers in the Puget Sound region. Amazon, Microsoft, and Meta, the state’s three largest technology employers, have seen their stocks decline by double-digit percentages over the past year.