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Headline Roundup October 4th, 2018

Amazon to Cut Bonuses and Stock Incentives After Raising Minimum Wage

Summary from the AllSides News Team

Amazon will eliminate monthly bonuses and stock incentives for hourly employees in order to raise its minimum wage to $15 an hour.

Featured Coverage of this Story

Amazon Warehouse Workers Lose Bonuses, Stock Awards for Raises
Amazon Warehouse Workers Lose Bonuses, Stock Awards for Raises

Bloomberg

News

Amazon.com Inc. is eliminating monthly bonuses and stock awards for warehouse workers and other hourly employees after the company pledged this week to raise pay to at least $15 an hour.

Open on Bloomberg
Some Amazon employees say they will make less after the raise
News

Amazon’s decision to raise workers’ minimum wage to $15 per hour was welcome news, even Sen. Bernie Sanders praised the move. But for some Amazon employees, the excitement didn’t last

Open on Yahoo News
Bernie Sanders reacts to Amazon slashing stock, incentive bonuses for hourly workers
News

Sen. Bernie Sanders (I-VT) called on Amazon on Thursday to ensure that all of its hourly workers will receive a boost in compensation after the company drew criticism for slashing stock

Open on Fox News Digital

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