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Home / Business / Amazon CEO Jeff Bezos challenges rivals to increase the minimum wage: "Throw the mouth"

Amazon CEO Jeff Bezos challenges rivals to increase the minimum wage: "Throw the mouth"



Amazon CEO and Founder Jeff Bezos, in his annual shareholder letter, challenged e-commerce dealers to surpass the company's $ 15 minimum wage.

"Today I challenge our best retailers (you know who you are!) To match our employees' benefits and our $ 15 minimum wage," wrote Bezos in the letter. "Do it! Better yet, go to $ 16 and throw the giant back on us. It's a form of competition that will benefit everyone."

Last year, Amazon increased its minimum wage to $ 15 per hour, but became fire to settle bonuses and stock prices for long-term warehouse workers. Following the criticism, Amazon announced another wage increase and new cash bonuses for resident milestones. The pay rate, as Bezos said in the letter, had more than 250,000 employees and 1

00,000 seasonal employees.

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"We strongly believe that this will benefit our business when we invest in our employees. But that's not what drove the decision," he said. always offered competitive salaries. But we decided it was time to lead – to offer pay that went beyond competitive. We did it because it seemed like the right thing to do. "

Some of the company's biggest competitors, such as Target and Walmart, have also rolled out minimum wage for employees, but not quite as much as Amazon.

In early April, Target said it would increase its hourly wage to $ 13 from $ 12 from June, earlier saying it plans to raise the starting salary to $ 15 by the end of 2020. Walmart also announced a wage growth last year and increased the minimum wage for US employees to $ 11 per hour.

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The challenge follows the description of Bezos' salary in 2018, a staggering $ 1,681,840, 58.


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