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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.

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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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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 »