Amazon says wage hike ‘more than compensates’ for loss of bonuses

Techcrunch ---------- Last week, Amazon addressed growing backlash against unfair warehouse wages by announcing plans to raise its minimum wage to $15 an hour. The news was largely lauded as a positive step by critics including Senator Bernie Sanders, who had helped push the company in that direction with strongly worded legislation. The move was still met with criticism by some, including Amazon workers who noted that, along with the wage increase, the retail giant would also be removing bonuses and stock grants. Employees vocalized their concern, causing Amazon to further address the move. The company sent a letter to Sanders insisting that employees would still come out on top. To learn more click on the picture below to read the article.