U.S. Markets open in 7 hrs 21 mins

Amazon gives workers another pay bump to make up for lost bonuses

CNET
Amazon gives workers another pay bump to make up for lost bonuses

Amazon has increased pay for some longtime warehouse workers after the company was criticized for taking away bonuses and stock rewards. The e-commerce giant changed some workers' hourly raises from $1 per hour to $1.25 per hour, and added new cash bonuses of $1,500 to $3,000 for tenure milestones every five years, according to Bloomberg. Employees with good attendance in December will also reportedly receive a $100 bonus. Amazon workers last week criticized the company for eliminating monthly bonuses and stock rewards after the retail giant pledged to raise the minimum hourly wage to at least $15, according to Bloomberg. Workers with pay already above $15 per hour would get an hourly raise of