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.

📆 10/4/2018 5:20 AM
📰 MarketWatch

⏱ Reading Time:
1 sec. here
2 min. at publisher
📊 Quality Score:
News: 4%
Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Online shopping from the earth's biggest selection of books, magazines, music, DVDs, videos, electronics, computers, software, apparel & accessories, shoes, jewelry, tools & hardware, housewares, furniture, sporting goods, beauty & personal care, broadband & dsl, gourmet food & just about anything else.

Write Comment

nuapps

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

Worth it.

Ways to choose the right cryptocurrency to invest in 2018. You need to buy DeepOnion DeepOnionx $ONION

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!!!!!

Amazon in class action suit for making employees stand in theft scan line for up to 45 minutes after shift without pay before leaving worksite

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 💥

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon will raise company's minimum wage to $15 for all US employeesJUST IN: Amazon to raise company's minimum wage to $15 for all employees. “We listened to our critics, thought hard about what we wanted to do, and decided we want to lead,” Amazon founder and CEO Jeff Bezos says as company announces plans to raise its minimum wage to $15 for all U.S. employees. Great! The kids understand Mo Money!
Source: ABC - 🏆 471. / 51 Read more »