Friday, October 26, 2018

Amazon Raises Their Minimum Wage


Connor Fitzgerald
Staff Writer

On Tuesday, Oct. 2, 2018, Amazon had released a statement that they are raising their minimum wage to $15 an hour for United States employees. The raises apply to part-time workers and people hired by temporary agencies. Amazon has also said they believe the American minimum wage should be raised.
The current minimum wage in the U.S. has been around $7.25 for almost 10 years or so now. The new minimum wage from Amazon will affect approximately 250,000 employees and to 100,000 more workers they plan to hire for the holiday season.
This change in pay will start on Nov. 1. Jeff Bezos has always received criticism for Amazon’s low pay. After Bezos announced this, Target stated they would raise their minimum wage to $15 by 2020. Walmart also exclaimed they would raise their minimum wage to $11 an hour in January.
“We listened to our critics, thought hard about what we wanted to do, and decided we want to lead,” Amazon’s executive, Jeff Bezos, had stated. “We’re excited about this change and encourage our competitors and other large employers to join us.”
Amazon has significantly changed the retailing industry in the past couple of years. Amazons’ high popularity and sales have caused many businesses and stores in the sectors Amazon disrupts to go out of business. One example of this is the closing of the toy store company Toys “R” Us. President Donald Trump is not a fan of this and believes that it is ruining the industries.