Amazon Increases Minimum Wage to $15 for All U.S. Employees

Amazon Increases Minimum Wage to $15 for All U.S. Employees

Sponsored Message
Summer love Learn More

SEATTLE, WA - With seasonal hiring plans about to unfold, ecommerce titan Amazon has announced plans to up pay for all U.S. workers. The company is increasing its minimum wage to $15 effective November 1. The $15 minimum wage increase will include full-time, part-time, temporary, and seasonal employees and is expected to benefit more than 250,000 Amazon employees, as well as over 100,000 seasonal employees who will be hired at Amazon sites across the country this holiday.

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

The most vocal of those critics may have been Vermont Senator Bernie Sanders who, according to a CNBC report, introduced legislation last month to tax corporations to compensate for tax burden related to low-wage employment; Sanders, at that time, called the bill the “Bezos Act.”

Bernie Sanders, Senator (D-VT), U.S. Senate“Today I want to give credit where credit is due,” Sanders said, in response to Amazon's announcement. “What Mr. Bezos has done today is not only enormously important for Amazon's hundreds of thousands of employees, it could well be, and I think it will be, a shot heard around the world.”

The company also noted that its public policy team is beginning to advocate for an increase in the federal minimum wage.

Jay Carney, Senior Vice President, Amazon Global Corporate Affairs“We will be working to gain Congressional support for an increase in the federal minimum wage. The current rate of $7.25 was set nearly a decade ago,” said Jay Carney, Senior Vice President of Amazon Global Corporate Affairs. “We intend to advocate for a minimum wage increase that will have a profound impact on the lives of tens of millions of people and families across this country.”

Amazon will increase all of their employees' minimum wage to $15 starting November 1st, 2018

Additionally, the company noted, Amazon employees will continue to receive benefits including:

  • Comprehensive healthcare, including medical, dental, and vision coverage
  • Company-paid life and disability insurance
  • Up to 20 weeks of paid parental leave
  • 401k matching
  • Career Choice, which pre-pays 95% of associates’ tuition for courses in high-demand fields, whether those jobs are at Amazon or another company
  • Career Skills, which trains hourly associates in critical job skills like resume writing, how to communicate effectively, and computer basics

For more breaking news in grocery retail, keep reading AndNowUKnow.