Amazon CEO and founder Jeff Bezos challenged the e-commerce giant's retail opponents to beat the $ 15 minimum wage.
"Today I challenge our top retail competitors (you know who you are!) To align our employee benefits and our minimum wage of $ 15," Bezos wrote in the letter. Better yet, go to $ 16 and throw the glove back on us, it's a kind of competition that will benefit everyone. "
Last year, Amazon raised its minimum wage to $ 15 per hour, however, came under fire due to the expiration of premiums and stock prices for long-time warehouse workers, after which Amazon announced another raise and new premiums for the milestones of the tenure, Bezos said in the letter that the pay increase was more than 250,000 and 1
"We are convinced that this will benefit our company when we invest in our employees, but that was not the reason for the Deciding, "he said," We had always offered competitive wages, but we decided it was time to run – to offer wages that exceeded the wet We did it because it seemed like the right thing to do. "
Some of the company's biggest competitors, such as Target and Walmart, have also introduced minimum wage increases for employees, but not to the same extent as Amazon. In early April, Target said it would raise its hourly minimum wage to $ 12 from June onwards. Previously, the company had already announced that it would raise the starting wage to $ 15 by the end of 2020. Walmart announced a pay increase last year and raised the minimum wage for US employees to $ 11 an hour.
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The challenge follows the announcement of the Bezos Compensation in 2018, a staggering $ 1,681,840, 58