Amazon says wage hike ‘more than compensates’ for loss of bonuses

Amazon will further raise a planned wage increase for some workers, and will introduce new bonuses, after controversy over its changes to compensation, according to Bloomberg. The company announced last week that it would begin paying all of its employees at least $15 per hour, but the plan soon led to backlash from some workers, who said that cutting certain incentives, like monthly bonuses and stock options, would lead them to earn less overall. Now, as first reported by Bloomberg, Amazon is making some changes to the initial plan. Amazon is changing the initial plan First, a planned increase of $1 for workers already making $15 per hour will increase to an additional $1.25 per hour for some workers, according to Bloomberg. New... Continue reading…

Amazon says wage hike ‘more than compensates’ for loss of bonuses

Last week, Amazon addressed growing backlash against unfair warehouse wages by announcing plans to raise its minimum wage to $15 an hour. The news was largely lauded as a positive step by critics ...

Thu 11 Oct 18 from TechCrunch

Amazon is raising some workers’ pay further and adding bonuses after controversy

Amazon will further raise a planned wage increase for some workers, and will introduce new bonuses, after controversy over its changes to compensation, according to Bloomberg. The ...

Wed 10 Oct 18 from The Verge

Amazon gives workers another pay bump to make up for lost bonuses - CNET

Workers will also get cash rewards for tenure milestones every five years.

Wed 10 Oct 18 from CNET

Some Amazon workers might only get a $1-per-hour raise

Amazon has earned praise for increasing its minimum wage to $15 an hour -- after all the move will benefit 250,000 staff members and up to 100,000 part-time workers. Unfortunately, ...

Thu 4 Oct 18 from Engadget

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