Amazon's hourly workers lose monthly bonuses and stock awards as minimum wage increases

BookBrowse News - The Full Story

Amazon's hourly workers lose monthly bonuses and stock awards as minimum wage increases

Oct 04 2018

Amazon's minimum-wage increase for its hourly workers comes with a trade-off: no more monthly bonuses and stock awards.

Amazon confirmed in an email to CNBC that the company is getting rid of incentive pay and stock option awards as it increases the minimum wage to $15 per hour. The company, however, stressed that the wage increase "more than compensates" for the loss in other benefits.

Source: CNBC

More News Stories

Editor's Choice

  • Book Jacket: Black Leopard, Red Wolf
    Black Leopard, Red Wolf
    by Marlon James
    If you are looking for an indulgent, escapist fantasy, Black Leopard, Red Wolf may not be for you. ...
  • Book Jacket: That Time I Loved You
    That Time I Loved You
    by Carianne Leung
    Carrianne Leung was a Toronto Book Award finalist for That Time I Loved You as well as for her debut...
  • Book Jacket: The Pianist from Syria
    The Pianist from Syria
    by Aeham Ahmad
    Aeham Ahmad became famous as the face of Syrian suffering when a photo of him playing piano in the ...
  • Book Jacket: The Smiling Man
    The Smiling Man
    by Joseph Knox
    Joseph Knox's latest turns on a simple premise: an unidentified and unidentifiable murdered man is ...

Readers Recommend

  • Book Jacket

    A People's History of Heaven
    by Mathangi Subramanian

    A story of love and friendship, and fighting for the places we love.
    Reader Reviews

  • Book Jacket

    American Princess
    by Stephanie Marie Thornton

    Rated 4.9 stars by BookBrowse members - one of the highest scores of all time!
    Reader Reviews

Book Club
Book Jacket
Girls Burn Brighter
by Shobha Rao

An extraordinary and heart-rending tale of two girls with all the odds against them.

About the book
Join the discussion!
Book Club Giveaway!
Win The Summer Country

Win up to 12 copies to share with friends or your book club!

A sweeping epic of lost love, lies, jealousy, and rebellion set in colonial Barbados.

Enter

Word Play

Solve this clue:

D T T! Full S A!

and be entered to win..

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.