Amazon CEO Jeff Bezos challenges his rivals to raise the minimum wage: "Take the Challenge"



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In its annual letter to shareholders, Jeff Bezos, CEO and founder of Amazon, challenged the rivals of the mbad retail trade online to surpbad the minimum wage of $ 15 of the company.

"Today, I challenge our retail competitors (you know who you are!) To match our employee benefits with our minimum wage of $ 15," wrote Bezos in his letter. "Do it!" Better yet, go to $ 16 and relaunch the glove, it's a kind of competition that will benefit everyone. "

Last year, Amazon raised its minimum wage to $ 15 an hour, but was criticized for phasing out premiums and stock awards for long-time warehouse workers. Following criticism, Amazon has announced another salary increase and new cash bonuses for the tenure milestones. The increase in wages, Bezos said in the letter, has benefited more than 250,000 employees and 100,000 seasonal employees.

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"We strongly believe that this will benefit our company as we invest in our people. But that's not what motivated the decision, "he said. "We have always offered competitive salaries. But we decided that it was time to give the example – to offer more competitive salaries. We did it because it seemed like the right thing to do. "

Some of the company's major competitors, such as Target and Walmart, have also put in place minimum wage increases for employees, but not to the same extent as Amazon.

In early April, Target had announced an increase in its minimum hourly wage from $ 12 to $ 13 from $ 12 starting in June. He previously announced his intention to increase starting salaries to $ 15 by the end of 2020. Walmart also announced a salary increase last year, raising the minimum wage for US employees to $ 11. time.

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The protest follows the release of Bezos' pay in 2018, which amounts to $ 1,681,840,588.

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