Monday, April 01, 2019

Amazon’s $15 an hour a win? Not so, some veteran workers say

https://www.apnews.com/8e60d4d9e1b74171a34d3196081910d1

By JOSEPH PISANIOctober 4, 2018

Amazon’s announcement that it would raise its hourly minimum wage to $15 has been seen as a win for workers. But some longtime employees say they are losing out.

Those who already made $15 will get an extra dollar an hour when the change is made next month, but they will also lose two benefits they relied on: monthly bonuses that could top hundreds of dollars and a chance to own Amazon’s sky-rocketing stock, currently worth nearly $2,000 a share.

At least four longtime workers, who spoke to The Associated Press on condition of anonymity for fear they would be fired, said the $1 an hour raise would not make up for the lost benefits. The employees, all of whom work in different warehouses around the country, said the $15 minimum wage was great for new workers, but the math didn’t work out for those who have worked at Amazon’s warehouses for a few years.

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