will raise its minimum wage to $15 an hour, but it will come at the expense of monthly bonuses and stock awards for hourly workers so the company can help pay for those raises.

📆 04-10-18 07:20:00
📰 MarketWatch

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nuapps

That's disgusting. Jeff Bezos is worth over $100B and they're robbing Peter to pay Paul.

Worth it.

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Finally, a major company doing the right thing. I hope others follow Amazon's lead.

You got what you asked for and what you were told would happen.

So Amazon was already paying more than $15 an hour, just the economic illiterates did not realize this and nudged Amazon to make things worst than before.

Bezos can’t afford to take care of his people while sitting on $160 billion of Amazon stock. AMZN has a PE ratio of 155 so he must know as well as you and I that it’s just a matter of time before the bubble bursts.

rhowardbrowne 😶

Amazon couldn’t do the raise without compromising bonuses and stock options? I seriously doubt it!!!!!

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So, they aren't 'giving raises' they're actually 'reallocating' labor costs. That was nice of them.

Rather than CEO and other top level executive's bonuses. Foh. A disingenuous gesture. A facade

allow me to answer....i sure as hell hope not considering how much amazon brings in.

Boom 💥

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