Power Trip
$15 Isn’t Enough to Empower Amazon’s Workers
King Bezos still reigns supreme
On Tuesday, Amazon announced it was raising its minimum wage to $15. People were ecstatic and with good reason. In the United States, Amazon directly employs 250,000 people with another 100,000 brought on as “seasonals,” the company’s term for the workers who flood its fulfillment centers during the holiday season. Some of them presently make as little as $10 per hour for grueling — sometimes fatal — work.
While $15 an hour is hardly enough to live a decent and dignified life in this country, it is going to make a world of difference for those who were making even less. As the second-largest private employer in the United States, Amazon’s raise may also benefit workers at other companies as it increases pressure on competing employers to raise wages in order to attract and retain workers in a tight labor market.
But even if a celebration is in order, there are details that should give pause to anyone concerned about worker power.
First, the announcement was quickly followed by reports that the company is scrapping stock awards and monthly bonuses for warehouse workers. According to Bloomberg, Amazon “informed those employees Wednesday that it’s eliminating both of those compensation categories to…
