Amazon Is Raising Some Workers' Pay Further, Adding Bonuses After Controversy (bloomberg.com)
An anonymous reader quotes a report from Bloomberg: Amazon is sweetening the pay for some of its longtime warehouse workers after employees criticized the loss of bonuses and stock awards as part of the company's pledge to boost all wages to at least $15 an hour. The world's largest online retailer grabbed headlines last week with its minimum-pay pledge -- followed by concerns from veteran workers who feared their compensation would actually decline because the company also eliminated bonuses and stock awards. Amazon said any workers already earning $15 would get raises of $1 per hour. Now, some of those employees are learning their hourly raises will actually be $1.25 an hour. Additionally, Amazon is introducing a new cash bonus of $1,500 to $3,000 for tenure milestones at five, 10, 15 and 20 years. Workers with good attendance in the month of December will also get a $100 bonus, according to the company. "All hourly Operations and Customer Service employees will see an increase in their total compensation as a result of this announcement," Amazon said in a statement. "The significant increase in hourly cash wages effective Nov. 1 more than compensates for the phase out of incentive pay and future (stock) grants."
$3k bonus after 20 years! Woot! That’ll pay for the knee replacements!
Give billionares huge tax cuts and they'll still whine about poor and oppressed they are.
putting the 'B' in LGBTQ+
They must like it since they donâ(TM)t go elsewhere.
Sounds like he is full of shit.
Your sig says "debt is slavery". Are you suggesting those that accumulated debt are putting people into slavery? No one asked them to sign up for credit cards, car loans, home loans, or anything else. Slavery means "without consent". When you apply, sign, and shop, you consented.
Oh hold me back! /s
That's an 8% raise for someone earning $15 an hour. Would you not like an 8% raise?
Cause and effect, no unions in Amazon is like a person without an immune system. This is just anti-biotic shot that is for PR stunt.