Amazon to Raise Its Minimum U.S. Wage to $15 an Hour

Amazon to Raise Its Minimum U.S. Wage to $15 an Hour

Amazon, which has faced political and economic pressure to raise pay for thousands of employees, is boosting its minimum wage for all USA workers to $15 per hour starting next month. It will affect both full-time and part-time workers and take effect November 1. Amazon purchased Austin-based Whole Foods in June 2017.

The pay hike, one of the largest awarded by any major USA company, will affect 250,000 Amazon employees and 100,000 seasonal employees who are hired at Amazon sites during the holiday season.

Amazon has recently been targeted over its pay by Senator Bernie Sanders, who last month introduced a less-than-subtly-named piece of legislation called the Stop Bad Employers by Zering Out Subsidies-"Stop BEZOS"-Act".

The company said it would also begin lobbying for an increase in the $7.25-an-hour federal minimum wage. "The current rate of $7.25 was set almost a decade ago", Senior Vice President of Amazon Global Corporate Affairs Jay Carney said in a statement.

Inside Amazon's Prime Now warehouse within a Manhattan highrise. His Twitter account, which has almost 9 million followers, frequently points out the disparity between Amazon's median employee pay and the vast fortune of CEO Jeff Bezos.

"We will be working to gain Congressional support for an increase in the federal minimum wage". The retail giant, run by the world's richest man, was criticized earlier this year after revealing its workers' median pay was $28,446. And some companies have responded to the public pressure.

The company didn't say how many workers were making less than $15 an hour.

One of the most prominent critics has been US Sen.

On Tuesday, fast food workers in MI are going to kick off a series of protests in the Midwest and elsewhere around the country in support of unions and a $15 minimum age.

Amazon shares, trading lower before the company announced the wage hike, were down less than 0.3 percent at $1,997.75 in trading before the bell. Mr Bezos said he encouraged the company's competitors to increase their own minimum wages.

The move will benefit 250,000 workers in the United States, and 17,000 in the UK, and an estimated 20,000 seasonal workers.

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