Home / business / Amazon Is Raising Some Workers’ Pay Further, Adding Bonuses After Controversy

Amazon Is Raising Some Workers’ Pay Further, Adding Bonuses After Controversy

An nameless reader quotes a record from Bloomberg: Amazon is sweetening the pay for some of its longtime warehouse workers after workers criticized the lack of bonuses and inventory awards as a part of the corporate’s pledge to spice up all wages to no less than $15 an hour. The global’s greatest on-line store grabbed headlines remaining week with its minimum-pay pledge — adopted by way of issues from veteran staff who feared their reimbursement would in fact decline since the corporate additionally eliminated bonuses and stock awards. Amazon mentioned any staff already incomes $15 would get raises of $1 consistent with hour. Now, a few of the ones workers are studying their hourly raises will in fact be $1.25 an hour. Additionally, Amazon is introducing a brand new money bonus of $1,500 to $three,000 for tenure milestones at 5, 10, 15 and 20 years. Workers with excellent attendance within the month of December can even get a $100 bonus, in step with the corporate. “All hourly Operations and Customer Service employees will see an increase in their total compensation as a result of this announcement,” Amazon mentioned in a observation. “The significant increase in hourly cash wages effective Nov. 1 more than compensates for the phase out of incentive pay and future (stock) grants.”

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