Good or bad? Amazon raises minimum wage to $15

Etsy / Eng Hpsbd5
Oct 2, 2018 17 Comments

Just curious how this will affect Amazon and if it will cause prices to increase much if at all? Have employees at Walmart seen this impact their business at all since raising their minimum wage too? I assume Target is the next to be pressured to raise their minimum wage to $15/hour if they haven’t already done so.

http://www.businessinsider.com/amazon-raises-minimum-wage-to-15-dollars-2018-10

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TOP 17 Comments
  • Intel MPERF
    Some of the low end unskilled labor is going to get paid more. It's all good IMO .
    Oct 2, 2018 0
  • Amazon Ftc0&
    Good
    Oct 2, 2018 0
  • Pinterest PyD63f
    Amazon can absorb it because of AWS, but other retailers will have a harder time. Good move.
    Oct 2, 2018 0
  • Google topCon
    Fuck, there goes the free bananas.
    Oct 2, 2018 1
    • eBay la-flame
      At least there’s still free water?
      Oct 2, 2018
  • Amazon Time2Go
    Good move, now get rid of the assholes in this company to make it even better.
    Oct 2, 2018 0
  • Amazon not found!
    the real question, what was it 🤔 .. may be $14.99
    Oct 2, 2018 0
  • Credit Karma EllisDee25
    Good start. If it’s $20 by 2020, maybe the guillotines won’t be constructed after all.
    Oct 2, 2018 0
  • Apple eurp31
    Why would it be bad? If I’m going to do business with a company, I’m going to want to feed good about giving them my money by knowing they’re creating good jobs that people can live off of.

    Sadly, most of these $15 jobs will me automated away.
    Oct 2, 2018 0
  • Amazon / Other Othar
    In the details, we are also phasing be out RSUs for hourly associates. With the stock price so high, an annual grant was converging on less than 1 share.
    Oct 2, 2018 0
  • Oath / Mgmt Atinlay
    Like there aren’t already 3 posts on this today
    Oct 2, 2018 0
  • Amazon Biff Jezos
    It’s great for Amazon. If a $15 min wage passes nationally then Walmart is proper fucked. Can’t wait.
    Oct 4, 2018 1
    • SWARM / Data
      Gandhigg

      SWARM Data

      PRE
      500 Startups
      Gandhiggmore
      Walmart has programs where they employ mentally deficient folks who cannot get other jobs. It’s an amazing and beautiful program and would be unfortunate if it no longer existed. For example, they have a store greeter- and usually that personal is either physically or mentally impaired (or both). If Walmart gets ducked, a lot of folks who cannot get jobs elsewhere will also get ducked.
      Jul 9
  • Microsoft Jeph bezos
    Good for Amazon in terms of public perception; terrible in terms of the long lasting economic effect.
    Oct 2, 2018 1
    • Amazon Ftc0&
      I think the public damage is too late to repair
      Oct 2, 2018
  • Amazon Pondering
    Who said there were free bananas?
    Oct 2, 2018 0
  • Microsoft Hottie4u
    And drops minimum age to 15.

    On the face of it - good move
    Oct 2, 2018 0

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