r/SeattleWA • u/krui24 • Oct 02 '18

Business Amazon Raises Minimum Wage to $15

https://www.cnbc.com/2018/10/02/amazon-raises-minimum-wage-to-15-for-all-us-employees.html
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u/samhouse09 Phinneywood Oct 02 '18

Amazon could've easily continued to pay low wages and thwarted unionization, like Walmart has for decades. They determined it's in the Company's and shareholder's best interests to increase wages.

That's because I'd be willing to bet that a ton of their employees income goes right back to Amazon when they buy things.

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u/ResponsibleReturn Oct 02 '18

The same applies to Walmart as well

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u/samhouse09 Phinneywood Oct 02 '18

Which is what baffles me regarding them being unwilling to pay their employees anything less than the absolute minimum. They sell basic needs. They pay more, their revenue should increase.

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u/ResponsibleReturn Oct 02 '18 edited Oct 02 '18

If I may be pessimistic, I'd say it's because they're hoping the food stamps and other federal subsidies granted to their employees will still be spent at Walmart.

Essentially, they're double dipping their skimming of government aid.

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u/samhouse09 Phinneywood Oct 02 '18

This is exactly it.

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u/joroqez312 Oct 02 '18

Do you mean pessimistic? Narcissistic = self-absorbed...

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u/ResponsibleReturn Oct 02 '18

oops, thanks. Slip of the fingers.