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Amazon's hourly workers lose monthly bonuses and stock awards as minimum wage increases
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<blockquote data-quote="Returntosender" data-source="post: 3759973" data-attributes="member: 29240"><p><a href="https://www.cnbc.com/2018/10/03/amazon-hourly-workers-lose-monthly-bonuses-stock-awards.html?__source=facebook%7Cmain" target="_blank">Amazon's hourly workers lose monthly bonuses and stock awards as minimum wage increases</a></p><p></p><p>The hourly employees lost the Stock Bonus </p><p> <a href="https://www.theguardian.com/technology/2018/oct/03/amazon-offsetting-pay-rise-by-removing-bonuses-union-says" target="_blank">The Guardian</a> said warehouse workers currently receive one Amazon share (worth $1,959) at the end of every year, on top of another single share reward every five years. <a href="https://finance.yahoo.com/news/amazon-employees-say-will-make-less-raise-174028353.html" target="_blank">Yahoo News</a>noted that warehouse workers can earn up to 8 percent of their monthly income every month, which could be as much as $3,000 a year for some workers. Workers were notified of the change on Wednesday, according to <a href="https://www.bloomberg.com/news/articles/2018-10-03/amazon-eliminating-bonuses-stock-awards-to-help-pay-for-raises?utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&utm_content=business&cmpid=socialflow-twitter-business" target="_blank">Bloomberg</a>.</p></blockquote><p></p>
[QUOTE="Returntosender, post: 3759973, member: 29240"] [URL="https://www.cnbc.com/2018/10/03/amazon-hourly-workers-lose-monthly-bonuses-stock-awards.html?__source=facebook%7Cmain"]Amazon's hourly workers lose monthly bonuses and stock awards as minimum wage increases[/URL] The hourly employees lost the Stock Bonus [URL='https://www.theguardian.com/technology/2018/oct/03/amazon-offsetting-pay-rise-by-removing-bonuses-union-says']The Guardian[/URL] said warehouse workers currently receive one Amazon share (worth $1,959) at the end of every year, on top of another single share reward every five years. [URL='https://finance.yahoo.com/news/amazon-employees-say-will-make-less-raise-174028353.html']Yahoo News[/URL]noted that warehouse workers can earn up to 8 percent of their monthly income every month, which could be as much as $3,000 a year for some workers. Workers were notified of the change on Wednesday, according to [URL='https://www.bloomberg.com/news/articles/2018-10-03/amazon-eliminating-bonuses-stock-awards-to-help-pay-for-raises?utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&utm_content=business&cmpid=socialflow-twitter-business']Bloomberg[/URL]. [/QUOTE]
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Amazon's hourly workers lose monthly bonuses and stock awards as minimum wage increases
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