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  1. #1
    Senior Member JohnDoe2's Avatar
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    Amazon raises minimum wage to $15. for all US employees

    Amazon raises minimum wage to $15 for all US employees


    • Amazon and CEO Jeff Bezos have been facing criticism for its pay disparity.
    • The new minimum wage will benefit more than 250,000 Amazon employees — including part-time and temporary employees — and 100,000 seasonal employees.
    • Amazon says the effect of the higher pay will be reflected in its forward-looking quarterly guidance.



    Sara Salinas | @saracsalinas
    Published 6 Hours Ago Updated 12 Mins AgoCNBC.com

    Amazon raises minimum wage to $15 for all US workers 5 Hours Ago | 02:44


    Amazon announced Tuesday it's raising the minimum wage for all U.S. employees to $15, effective next month.
    The new minimum wage will benefit more than 250,000 Amazon employees — including part-time and temporary employees — as well as another 100,000 seasonal employees, the company said. Some employees who already make $15 per hour will also see a pay increase.

    Amazon said the effect of the higher pay will be reflected in its forward-looking quarterly guidance. Shares of Amazon were trading marginally lower Tuesday morning.


    The company and CEO Jeff Bezos have been facing criticism for its pay disparity. Sen. Bernie Sanders last month introduced legislation called the Bezos Act to tax corporations for every dollar that their low-wage workers receive in government health-care benefits or food stamps.

    Sen. Sanders: Other retailers should be paying $15 per hour 1 Hour Ago | 00:50


    "Today I want to give credit where credit is due," Sanders said in response to the announcement. "What Mr. Bezos has done today is not only enormously important for Amazon's hundreds of thousands of employees, it could well be, and I think it will be, a shot heard around the world."

    Amazon said it will also start advocating for an increase to the federal minimum wage.


    Amazon's starting pay varies by location — $10 an hour at a warehouse in Austin, Texas, for example, and $13.50 an hour in Robbinsville, New Jersey. For 2017, the median Amazon employee earned just under $28,500, according to company filings. Bezos earned $1.7 million.


    Amazon is also raising wages for British employees to a minimum of £10.50 ($13.61) for workers in London and £9.50 ($12.31) in the rest of the country.


    "We listened to our critics, thought hard about what we wanted to do, and decided we want to lead," Bezos said in a statement. "We're excited about this change and encourage our competitors and other large employers to join us."


    Retail rival Target announced in its holiday hiring release it would raise minimum hourly wage to $15 by 2020. Walmart announced plans in January to raise its minimum wage to $11.


    The announcement comes ahead of Amazon's annual holiday hiring push. Last year the e-commerce giant said it would hire 120,000 temporary employees for the holiday season.


    In August
    , national wage growth posted its biggest increase of the economic recovery, according to the Bureau of Labor Statistics. Payroll gains beat expectations and the unemployment rate held near a generational low of 3.9 percent — making holiday hiring tougher for many retailers.

    https://www.cnbc.com/2018/10/02/amaz...employees.html

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  2. #2
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    Senior Member JohnDoe2's Avatar
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    • Reuters




    • Amazon raises minimum wage rates in Britain

      Amazon said on Tuesday it is raising its minimum wage in Britain to 10.50 pounds ($13.59) an hour for all employees in the London area and 9.50 pounds an hour for staff in all other parts of the country, effective from Nov. 1. The group has over 17,000 employees in Britain, as well as more than 20,000 . . .


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    Senior Member JohnDoe2's Avatar
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    " Unilever's Ben & Jerry's

    Ben & Jerry's may be a tiny brand compared to the other players on this list, but it's owned by Unilever (NYSE: UL), a large public company. The socially conscious ice cream company has long had a commitment to paying a livable wage, and that has continued under corporate ownership.

    "Every year, we recalculate the livable wage to make sure it’s keeping up with the actual cost of living in Vermont," the company said on its website. "In recent years, Ben & Jerry’s livable wage has been nearly twice the national minimum wage, landing at $16.92 in 2015." "

    https://www.usatoday.com/story/money...ur/1498923002/
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    Senior Member JohnDoe2's Avatar
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    Amazon's $15 minimum wage gives a lift to California's vast warehouse region


    By MARGOT ROOSEVELT
    OCT 02, 2018 | 6:25 PM


    Amazon.com workers pack orders at an Amazon fulfillment center in Tracy, Calif. Amazon said it will boost its minimum pay for all U.S. workers to $15 an hour. (Justin Sullivan / Getty Images)


    In Southern California’s Inland Empire, where some 20,000 people toil in Amazon’s vast network of warehouses, the company’s announcement of an increase in their entry-level wage to $15 an hour was seen as a boost for the local economy.


    “It’s huge,” said John Husing, chief economist of the Inland Empire Economic Partnership. “Nearly half of our region’s workforce is marginally educated, with just a high school degree or less. At Amazon, they’ve started at $13 an hour. The extra two dollars will have an impressive impact on their quality of life.”


    Local businesses from grocery stores to barbershops will benefit, he predicted, and Amazon’s move will put pressure on other companies in the region where entry-level warehouse jobs last year paid an average of $12.21 an hour.


    But worker advocates, including union officials behind the successful drive to raise state and local minimum wage levels, cautioned that the raise is a mere step in the right direction.


    “Amazon has gotten a lot of bad press over its labor practices,” said Sheheryar Kaoosji, co-executive director of the Warehouse Worker Resource Center, an Ontario nonprofit. “This is a good start, and a response to a tight labor market as much as anything.”


    Many of Amazon’s workers are part time, so even with $15 an hour, Kaoosji said, “it won’t be enough to survive, especially with housing prices going crazy in Southern California.”


    The wage increase will affect 30,000 hourly workers in Amazon’s California packing and sorting centers, along with an unspecified number of workers at Whole Foods, the grocery chain purchased by Amazon last year.


    Nationwide, more than 250,000 Amazon employees will see a pay boost, along with more than 100,000 seasonal workers.


    California’s minimum wage, now at $11 an hour for employers with 25 or more workers, is set to rise to $15 by 2022. Smaller employers, now subject to a $10.50 pay floor, will have an extra year to reach $15. The minimum is higher in several jurisdictions, including Los Angeles County, where larger employers must pay $13.25 an hour and smaller employers $12.


    In announcing the move, Amazon Chief Executive Jeff Bezos appeared to acknowledge a growing national outcry over the company’s wages.


    “We listened to our critics, thought hard about what we wanted to do, and decided we want to lead,” Bezos said. “We’re excited about this change and encourage our competitors and other large employers to join us.”


    In an April filing with the Securities and Exchange Commission, Amazon disclosed its workers’ median annual pay as $28,446, or about $13.68 an hour, meaning half its workers earn less and half earn more.


    The contrast between Amazon wages and the company’s market capitalization of close to $1 trillion — and with Bezos’ status as the world’s richest person, with a $165-billion net worth — has made the company a target.


    Sen. Bernie Sanders, the Vermont independent, and Rep. Ro Khanna (D-Fremont) introduced a bill last month pointedly titled Stop Bad Employers by Zeroing Out Subsidies, or Stop BEZOS. It would tax companies whose employees rely on government benefits, after surveys showed that some Amazon workers collect food stamps.


    According to the Massachusetts Institute of Technology’s Living Wage calculator, which examines the cost of living in states and counties across the nation, it takes a wage of $14.01 an hour for a full-time worker in California to meet basic needs. For a couple with one working adult and two children, the amount rises to $30.04.


    Although Amazon’s wage increase applies to warehouse packers and sorters, it does not apply to most of the company’s delivery drivers. They are classified as contingent workers and are paid by the number of packages they deliver, often driving their own cars.


    Amazon did not respond to a question as to why its delivery workers were not included.


    Although a company official posted a video on social media of Amazon employees at a San Bernardino warehouse cheering the announcement, workers commenting on the IE Amazonians Unite Facebook page were critical of the company’s eliminating stock options and incentive pay as part of the new package.


    The company said the net effect would still result in a higher total, but some workers were skeptical.


    Amazon’s minimum for logistics workers is higher than that of many companies operating in California, but it falls far short of the $20-and-up minimum that workers are paid at unionized companies such as UPS or grocery chains.


    Randy Korgan, secretary-treasurer of Teamsters Local 1932 in Ontario, called the Amazon raise “a positive sign, but an incremental step. It shows the needle is starting to move because workers are saying enough is enough and corporations should pay a living wage.”


    Korgan said the union gets many calls from Amazon workers. Just weeks ago, he said, Amazon told Inland Empire workers they would be getting just a raise of just 40 cents an hour. “But workers came together and ratcheted up pressure, saying they couldn’t survive on what they were paid,” he said.


    The raise is also driven by the company’s difficulty in retaining workers, he said. A Teamster study of turnover at one Amazon warehouse in San Bernardino showed that the company had to hire 6,000 workers over a three-year period to maintain a workforce of 1,000.


    None of Amazon’s U.S. workers are unionized. The company’s orientation meetings regularly include anti-union videos, and the high turnover makes union organizing difficult, Korgan said.


    Despite California’s declining unemployment rate, “there’s no shortage of workers,” he said. “There’s just a shortage of workers who will put up with Amazon’s working conditions. “


    Kaoosji of the worker center said Amazon monitors workers’ every move, firing those who don’t meet pressurized productivity demands.


    “A robot tells you that you have 45 seconds to pick up that package. And if you don’t make it, then your likelihood of being fired rises,” he said.


    “It is really an intense, stressed environment. Workers who carry pedometers in their pockets find they are running 20 miles a day. And many workers are on call, and they are notified at the last minute to come to work, or told suddenly to go home. It makes it difficult to arrange child care or to hang on to another job if they are part time.”


    A company spokeswoman did not immediately respond to questions about workplace conditions.


    Amazon’s announcement comes amid growing militancy on the part of unions, which bankrolled a Fight for $15 movement in recent years, initially targeting McDonalds and other fast-food companies and then expanding to other companies.


    In recent weeks, Disneyland, Orange County’s largest employer with 30,000 workers, agreed to raise minimum pay to $15 an hour or more for most of its workers after a coalition of unions placed an initiative on the Anaheim ballot to raise pay at companies that have accepted city subsidies.


    This week, workers at fast-food chains, hospitals, child-care centers and colleges in California and other states are walking off their jobs to draw attention to the need for unions. “People are losing patience when they see that the economy is booming but their lives aren’t getting better,” Mary Kay Henry, president of the Service Employees International Union, told the Washington Post.


    Numerous studies, including a 2016 study from the Economic Policy Institute and a June study from Princeton economists, show that unions historically reduce income inequality and suggest that current wage stagnation might be attributable to the decline of unions. Union membership in the U.S. stood at 10.7% of wage and salary workers in 2017 and at 15.5% in California.


    6:25 p.m.: This article has been updated with a staff written account.
    This article was originally published at 3:30 a.m.

    http://www.latimes.com/business/la-f...002-story.html

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