BREAKING NEWS DID YOU KNOW

Amazon Is Raising Its Minimum Hourly Wage to $15 for All U.S. Employees

Posted Today 10/2/18 by Fortune By David Meyer 7:08 AM EDT

Amazon, which has been under fire over its pay for low-ranking workers, is increasing its minimum wage to $15 an hour.

The move, announced Tuesday, applies to all full-time, part-time and seasonal employees across the U.S., as well as temporary staff, even those retained through agencies. It also applies to workers at subsidiaries such as Whole Foods. The new pay floor takes effect at the start of November.

What’s more, Amazon (amzn, +0.15%)—the second-largest private-sector employer in the U.S.—is now lobbying the government to increase the federally-mandated minimum wage, set nine years ago, from $7.25 an hour.

“We listened to our critics, thought hard about what we wanted to do, and decided we want to lead,” said CEO Jeff Bezos. “We’re excited about this change and encourage our competitors and other large employers to join us.”


 

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