Amazon raising minimum wage to $15 per hour starting next month

Amazon boosting workers’ minimum wage to $15 an hour

Amazon announced on Tuesday (October 2) that they will be raising the minimum wage for their USA full-time, part-time, seasonal and temporary employees to $15 starting on November 1.

The company announced that the $15 minimum wage will take effect beginning on November 1.

"With many municipalities raising minimum wage over the next few years to approaching $15 per hour, this was not really a stretch for them to do that". That means more than 250,000 employees and 100,000 casual holiday workers will benefit from the new salary raise.

Jeff Bezos, the founder of Amazon, has said the online giant has "listened to critics" as he announced a pay rise for all its minimum wage-earning British and American employees. This move is likely an attempt to calm down lawmakers and get them to change tunes, as Sander's plan was to "give large, profitable employers a choice: Pay workers a living wage or pay for the public assistance programs their low-wage employees are forced to depend upon".

"At $7.25, the federal minimum wage is a poverty wage".

"We will be working to gain Congressional support for an increase in the federal minimum wage".

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Amazon has faced public scrutiny from both sides of the aisle this year, with the company a preferred target of both President Donald Trump and Sen. Some hourly Amazon employees who already make $15 per hour will also see a wage increase, the Seattle company said.

Amazon's employment practices, especially for those working on the company's numerous front lines, have frequently been criticized.

Neil Saunders, managing director of GlobalData Retail, said Tuesday that while Amazon's wage hike is a politically savvy move, it's also a change made out of economic necessity.

At a press conference in September where he formally introduced the bill with Rep. Ro Khanna (D-Calif.), Sanders said Bezos could set a great example by raising wages.

It's unclear how the minimum wage increase will bolster Amazon's median compensation for its workforce, but it's safe to say it's headed up. Workers outside of London will receive £9.50 an hour, up from £8 an hour. Starting wages were lower, according to Amazon's own job postings, with job listings at more than 80 facilities so far this year indicating average starting pay of about $12.75 an hour, and as low as $10 an hour.

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