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CHARTER JOINS 'INVEST IN AMERICA' TRUMP ACCOUNTS INITIATIVE, DEEPENING SUPPORT FOR EMPLOYEES AND THEIR FAMILIES
Prnewswire· 2025-07-21 14:30
Core Viewpoint - Charter Communications is enhancing its commitment to employee financial security by participating in the federal "Invest in America" Trump Accounts initiative, matching the government's $1,000 contribution for employees' children, thereby doubling the impact for working families [1][2] Group 1: Employee Financial Support - The company will match the federal government's $1,000 contribution for employees' children, benefiting thousands of working families [1][2] - Charter has introduced an Employee Stock Purchase Plan (ESPP) with nearly 20% participation from eligible employees in the first six months [2] - The company offers a retirement plan with a contribution of up to 9% of eligible pay per year and has absorbed health benefit cost increases for the last 12 years [2] Group 2: Career Development and Education - Charter's Education Benefit covers 100% of tuition costs for full-time employees pursuing select degrees and certificates [4] - Employees in Field Operations can earn up to a 10% increase in their hourly wage with each new level achieved through coursework, along with a $500 completion bonus [4] - The company plans to allow employees to direct completion bonuses to their children's "Invest in America" Trump Accounts [4] Group 3: Commitment to Workforce and Community - Charter's participation in the initiative reflects its broader strategy to attract and retain talent while supporting employees and their families [5] - The company emphasizes high-quality craftsmanship from its U.S.-based workforce, backed by a market-leading Customer Commitment [3]