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Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!
 

Kahuna7

(2,531 posts)
7. They had to give up a lot to get that $15, that they would have
Sun Mar 15, 2020, 08:11 AM
Mar 2020

gotten to anyway. Say you're making $13, and in another year you'd be raised to $15. At $13 you get bonuses and incentives that would equate to $15. Now you're getting $15 period. No more incentives. Just a guaranteed $15.

https://www.vox.com/2018/10/9/17955844/amazon-15-dollar-minimum-wage-some-workers-make-less


“It is a pay raise in minimum wage, but not necessarily a pay raise,” one Amazon employee, who has worked inside company warehouses for five years, wrote to Recode.

In this instance, the upset employee already made $15 an hour, plus between several hundred dollars and a couple of thousand dollars a year in bonuses, partly based on attendance, he said. Amazon also previously granted some workers, including this one, company stock — currently valued at around $1,880 per share.

But with the new increase in minimum pay at Amazon, the company is removing incentive-based bonus pay right before the busy holiday season, where bonus pay used to increase. Amazon will also no longer give away stock grants for hourly workers.

Amazon says that those who already make $15 an hour will see a pay bump of $1 per hour and that, overall, “the compensation will be more immediate and predictable.”


It's more of a win for Amazon than it is for workers.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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