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Amazon´s Minimum Wage Hike: Heartfelt
Activism, Or Crass Political Opportunism?

Investor´s Business Daily, by Staff

Original Article

Posted By:RockyTCB, 10/4/2018 10:58:21 AM

Minimum Wage: Amazon, the massive online retailer, announced with great fanfare that it will raise its minimum wage to $15 an hour, and will encourage others across the nation to do the same. Is it unselfish public-mindedness, or political and competitive pressures that´s behind the move? Sorry, Jeff Bezos, but we don´t buy the social justice talk anymore. Anytime a multi-billion dollar corporation begins talking about social issues, check your wallet. And then look at who´s pressuring them. That´s certainly the case with Amazon, which on Tuesday announced the minimum wage hike.

      


Post Reply  

Reply 1 - Posted by: Nashman, 10/4/2018 11:10:34 AM     (No. 11783719)

All it was, was a money shuffle. They raised wages and got rid of any bonus opportunities. Fake news.

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Reply 2 - Posted by: snowoutlaw, 10/4/2018 11:35:34 AM     (No. 11783747)

Its just the beginning of the end for Amazon.

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.R-LJ.
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Reply 3 - Posted by: hpmatt, 10/4/2018 11:39:46 AM     (No. 11783758)

Do you want $15 guaranteed, or $12 and monthly/quarterly bonus where you can earn $15-18 when all considered?

So do you want to be an employee - with wages guaranteed, or have some equity/investor interests - where you work hard and get a share of the ´profit´.

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Reply 4 - Posted by: ArthurDent, 10/4/2018 11:48:57 AM     (No. 11783765)

So, posturing a pay raise, but cutting benefits, how very leftist of them.

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Reply 5 - Posted by: skacmar, 10/4/2018 12:34:00 PM     (No. 11783824)

This is what happens when you artificially increase wages. Employees got what they wanted. However, the increased wages cost something. In this case, it was the opportunity for bonuses and stock gifts. Amazon gets good PR and will probably end up saving money in the long run.

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Reply 6 - Posted by: panther361, 10/4/2018 6:14:19 PM     (No. 11784115)

Hey Nancy! Here´s your crumbs!

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