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The current time is Wed Oct 17 23:54:26 2018

Utopia Talk / Politics / Announced Earlier Today
Hot Rod
Revved Up
Tue Oct 02 15:55:18

Amazon.com will raise their minimum wage for all 300,000 PLUS US employees to $15.00 an hour.

Paramount
Member
Tue Oct 02 16:06:14
Sounds like communism if they are going to raise the minimum wages for all employes equally much.
Hot Rod
Revved Up
Tue Oct 02 16:12:32

Nope, there is a slight catch.

An employee in Texas makes $10.00 an hour now while an employee in New Jersey makes $13.50 an hour.

Both will go to $15.00 an hour. That's what they said on TV anyway.

Paramount
Member
Tue Oct 02 16:14:45
Yeah, they want everyone to have an equally minimum wage.
Hot Rod
Revved Up
Tue Oct 02 16:17:54

Yeah, the minimum wage will be the same.

But, the COL is the rub.

Paramount
Member
Tue Oct 02 16:20:38
Every poor person should have it equally bad, only $15 an hour. That’s communism.
Sam Adams
Member
Tue Oct 02 16:42:32
Great news for cuckhat?
patom
Member
Wed Oct 03 05:53:03
Now if we could get the Walton family to pay their employees $15 per hour.
Average Ameriacn
Member
Wed Oct 03 06:27:49
Only possible because of the Trump tax cut and the Trump economy and the Trump stock market.

MAGA!
Hot Rod
Revved Up
Wed Oct 03 08:54:16

Patom, I believe they are.

patom
Member
Wed Oct 03 09:42:12
Hot Rod, maybe these people can now get off food stamps.
Hot Rod
Revved Up
Wed Oct 03 13:24:50

Hopefully.

LazyCommunist
Member
Sun Oct 07 11:41:46
As expected:

http://www...by-removing-bonuses-union-says

Amazon has been criticised for slashing benefits for UK warehouse workers, offsetting at least half of a big pay rise announced this week.

The removal of employee share and incentive schemes could cost thousands of workers £1,500 in a single year, according to the GMB union, which accused the online retailer of imposing “a stealth tax on its own wage increase”.

The changes emerged after Amazon – which has been heavily criticised for its treatment of its lowest paid workers – won plaudits for announcing on Tuesday that it was increasing minimum pay in the US and UK. Minimum pay for permanent and temporary staff in the UK will rise by £1.50 an hour to £9.50 outside London and by £2.20 to £10.50 in the capital.

The retailer’s warehouse workers currently receive one Amazon share, worth $1,961 (£1,508), at the end of every year they work at the company, and an additional share once every five years. If they hold on to the shares for two years, they can cash them in tax free, according to the GMB.

The loss of that payout would be equivalent to roughly half the £3,120 rise in pay promised to the average Amazon warehouse worker outside London. These workers currently earn about £17,000.


The GMB said that staff will also no longer be eligible for cash bonuses they can currently earn if they meet productivity and attendance targets over the peak Christmas trading period. Amazon denied that such a bonus scheme existed.

Tim Roache, the GMB’s general secretary, said Amazon had not said “a dicky bird about cutting staff benefits” when the new hourly pay rates were announced.

Roache added: “This is a basically a stealth tax by the employer on its own wage increase – a clear case of robbing Peter to pay Paul.

“If Jeff Bezos – the richest man in the world – really wants to give hardworking staff a pay rise, he should let them keep their share options as well as increasing their hourly rate.”

Amazon confirmed the incentives were being withdrawn, and on a blog post explaining the changes to staff, the company said it had made the changes because “hourly fulfilment and customer service employees [said] that they prefer the predictability and immediacy of cash [to share bonuses]”.

It said it would be phasing out share bonuses and would replace them with a sharesave scheme, which allows employees to buy shares at a discount over three or five years.

The company added: “The significant increase in hourly cash wages more than compensates for the phase out of incentive pay and RSUs. We can confirm that all hourly Operations and Customer Service employees will see an increase in their total compensation as a result of this announcement. In addition, because it’s no longer incentive-based, the compensation will be more immediate and predictable.”

In the UK, the company is keen to increase its appeal to potential employees as a slowdown in the number of EU workers arriving since the Brexit vote, together with record job vacancies, has made it harder for companies to find staff.

On Wednesday, the Tesco boss, Dave Lewis, said Amazon was “catching up” to the supermarket’s pay rates for its warehouse workers. He said Tesco pays more than Amazon’s new hourly rate in nine of its distribution centres and an average £9.83 an hour across 12 close to the online retailer’s facilities.
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