INDUSTRY NEWS
Amazon to Raise Its Minimum U.S. Wage to $15 an Hour
By Laura Stevens | Updated Oct. 2, 2018 7:17 p.m. ET
Amazon.com Inc. said it is raising the minimum wage it pays all U.S. employees to $15 an hour, firing back at criticism over its compensation for warehouse workers and stoking competition for labor in the holiday-shopping period.
The new minimum wage will kick in Nov. 1, Amazon said on Tuesday, covering more than 250,000 current employees, or more than 40% of its global workforce. Another more than 100,000 seasonal holiday employees will be granted the higher pay…
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