Bezos Challenges Rivals to Meet or Exceed Amazon’s $15 Hourly Minimum Wage
Amazon raised the minimum wage to $15 an hour for all of its 350,000 employees last year “because it seemed like the right thing to do,” said CEO Jeff Bezos Thursday in his annual letter to shareholders. “Today I challenge…
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our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage,” he said. “Do it! Better yet, go to $16 and throw the gauntlet back at us. It’s a kind of competition that will benefit everyone.” Best Buy, Walmart and Barnes & Noble didn’t comment. Best Buy pays $12 average hourly, Walmart $11.72, Barnes & Noble $10.63, according to the PayScale website.