Forum - Amazon Is Raising Some Workers' Pay Further, Adding Bonuses After Controversy
News Fetcher
Joined: Oct 24 2009
Last Active: Never/Not tracked
Total Active: Never/Not tracked
Timezone: GMT+ -7
136260 posts
Last Page Viewed:
Post 150712       October 10 '18 at 04:51 PM
By BeauHD from Slashdot's can't-please-everyone department:
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."