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Did you even read the article? Many thousands of workers will be compensated less. The higher wages came at the cost of no more free stocks.
by chimpburger 8y ago
Did you even read the article? Many thousands of workers will be compensated less. The higher wages came at the cost of no more free stocks.
- deleted 8y ago[deleted]
- bryanlarsen 8y agoNobody is going to be compensated less. The "extra" compensation they received before was simply a consequence of the fact that Amazon stock quadrupled in the last three years. So if previously they got $14 + 0.50 in shares their total comp ended up being $16. But they still got paid less than somebody who was paid $15 in cash straight up (who could have then purchased AMZN on the market).
- csharp 8y agoI think OP meant that it will hopefully cause other employers to follow lead and raise wages (e.g. fast food, other retailers, etc).