Amazon Ponies Up More Money for Warehouse Workers After Blowback
By Spencer Soper | October 10, 2018, 11:22 AM PDT
Amazon.com Inc. 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…
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