Quote:
Originally Posted by Atlanta3000
Sorry S-17 but in my opinion you are wrong on both points. If you look at the data, Amazon is raising their pay rate for 2 reasons:
(1) First and most importantly, labor markets. As we go into Q4 and Amazon is going to temporarily need to double their distribution headcount, they need to raise wages in order to compete for talent. Additionally their primary competitor Wal-Mart currently has their minimum pay rate at $15. Although only 40% of Wal-Mart workers have covered health insurance. +1 Amazon.
(2) PR not driven by Bernie Sanders. |
ATL3K, can you please providea link about this $15 mimimum wage at Walmart?
I tend to follow labor market trends intensely, but I may have missed that change.
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