YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Russell Cellular officials expect 2021 revenue to top $800 million.
SBJ file
Russell Cellular officials expect 2021 revenue to top $800 million.

Russell Cellular investing $16M in employee wages

Posted online

Russell Cellular Inc. is boosting employee wages to the tune of $16 million.

That's the annual investment to provide companywide employee raises, according to a news release. The Battlefield-based Verizon wireless retail agent is increasing its starting hourly wage to $15 per hour, with sales associates receiving a minimum of a $1 increase in hourly base pay to $5 per hour, plus commissions.

“We believe it is the right thing to do to invest in our team members," said Jeven Russell, the company's vice president of operations, in the release. "We know it has been a challenging time since the beginning of the pandemic, and this is recognition of the hard work our teams have delivered.”

The wage hike comes amid rapid revenue growth for Russell Cellular, which has 711 stores. The company is projecting that 2021 revenue will exceed $800 million, up from $664.5 million in 2020.

Part of Russell Cellular's growth trajectory has been fueled by acquisitions. This summer, the company announced its expansion into four new states through the purchases of IM Wireless and Select Communications.

The company has more than 2,400 employees, according to the release.

Comments

1 comment on this story |
Please log in to add your comment

Perhaps if you stop with all the Corona insanity and you get the illegitimate Biden regime, the evil party and corrupt Republicans to stop pandering, fear mongering and paying people NOT to be responsible, you could hire people? I have been watching and listening to both parties say and do a lot of things since 1980. BOTH parties are full of crap! One party is corrupt! The other party are Communists who HATE America and LEGAL Americans? Here is the deal. “If you don’t know who the sucker at the poker table is? IT’S YOU!! Critical thinking skills have never been more important! We have NO media. We have NO journalists! You DO NOT coexist with Communists!! You END them!!

If not? They WILL end you! Look no further than the footage coming out of Australia/NZ. Again, you will have to go to RUMBLE.COM as all TRUTH and FACTS are being censored. Thats all you need to know to know that the COVID pandemic is BS.

Friday, October 1, 2021
Editors' Pick
Business Spotlight: Sunny-Side Up

Cedars Family Restaurant has cooked up comfort for over three decades.

Most Read
Update cookies preferences