Amazon raises starting wage for its workers to $15 an hour

Amazon raises starting wage for its workers to $15 an hour

Amazon raises starting wage for its workers to $15 an hour

Last month, he introduced a bill that would impose a 100% tax equal to the amount of federal aid received by employees.

In addition to committing to higher minimum pay, Amazon says it will "work with policymakers in Washington, D.C., to advocate for a higher federal minimum wage". "I urge corporate leaders around the country to follow Mr. Bezos' lead".

Sanders also tweeted out his support for Bezos, receiving a message of gratitude back from the CEO. "We're excited about this, and also hope others will join in".

The decision also raises the stakes for potential workers at Amazon's so-called HQ2 competition - its plan to create a second headquarters, with as many as 50,000 jobs.

At the same time, Storch said, the wage increase will widen the gap between the healthy retailers, such as Amazon, Walmart and Target, and the struggling ones, which won't be able to afford to compete on salary.

That has included several fatalities, including one in 2013 when a conveyer system crushed a temporary worker in a New Jersey warehouse, according to the US Occupational Safety and Health Administration (OSHA).

Amazon will pay all workers at least $15 an hour, the company announced on Tuesday.

Amazon has made billions by leveraging and building on the internet revolution of the past 20 years, Khanna said.

Psssttt! While you're here we need your help. This estimation of Bezos' hourly wage is being used for the sake of comparison. It will rise to $15 an hour by 2020. Mr Bezos said he encouraged the company's competitors to increase their own minimum wages.

The company's leadership hailed the move as a moral win.

Amazon announced on Tuesday that it plans to raise its minimum wage to $15 per hour for all of its United States workers.

Even though Amazon would prefer to keep employee retention as high as possible, a Career Choice program pays for 95 percent of tuition in high-demand fields that Amazon needs more skilled employees in.

The company has a history of complaints about gruelling workplace conditions and lower wages, and has had to deal with lawsuits, picketing and issues with management tactics. The people who sort, pack, ship and deliver orders for Amazon shoppers are crucial to Bezos's desire to make Amazon the one-stop shop for every purchase people might desire. "That is absurd", Sanders said.

Amazon's market capitalization now stands near $1 trillion; it paid Bezos, its founder and CEO, $1.68 million previous year.

The company called the accusations by Sanders "false and misleading", pointing to its creation of 130,000 new jobs over the past year. More than 37,000 employees, including seasonal workers, will be affected by the change. "I'm in favour of higher wages", he told reporters said.

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