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I tend to agree, but in practice a lot of employees and media hate it. Amazon caught a lot of bad press for their wages a while ago despite giving warehouse em
by PragmaticPulp 5y ago
I tend to agree, but in practice a lot of employees and media hate it.
Amazon caught a lot of bad press for their wages a while ago despite giving warehouse employees equity-based compensation. They got a lot of good press by ditching the stock-based comp and simply raising cash wages, because that’s what headlines wanted to see. The workers may have lost out in the process, but the wage number is higher now.
- dmoy 5y agoDid their warehouse equity-based compensation have the same 5/15/40/40 vesting schedule as the rest of the company?
- only_as_i_fall 5y agoYou might have a point but it also strikes me as odd to give equity based comp to warehouse workers. Do warehouse workers actually have any way to improve the ability of Amazon to make profit besides simply working faster?
- ddingus 5y agoGiven the turnover, and a vesting schedule, the net value to the workers probably increased.