Amazon Sets $15 Minimum Hourly Wage
Amazon said it’s bumping its minimum wage to $15 an hour for all U.S. employees and will lobby for a hike in the federal minimum wage from $7.25. It has come under fire from Sen. Bernie Sanders, I-Vt., who last…
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month co-wrote with Rep. Ro Khanna, D-Calif., the Stop Bad Employers by Zeroing Out Subsidies Act to require compensation to the federal government from companies whose employees rely on federal assistance. “We listened to our critics, thought hard about what we wanted to do, and decided we want to lead,” CEO Jeff Bezos said Tuesday. He nudged "competitors and other large employers to join us.” "This is exactly the response Sen. Sanders and I hoped for when we introduced our bill," Khanna said. "Hopefully more companies will follow Amazon’s lead.” New York Gov. Andrew Cuomo (D) urged "other businesses and other states to follow suit and show the same respect to their workers."