Author Topic: Amazon raises minimum wage to $15 an hour  (Read 9103 times)

Parker

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Re: Amazon raises minimum wage to $15 an hour
« Reply #25 on: October 02, 2018, 06:31:45 PM »
Highest paid employee salary of any company can only be 10x that of the lowest paid employee...


easy....


What type of non-sense is this?
You know SF1900- AutoZone was just listed as one of the most recession resistant and consistently highest performing businesses out there. So you have a bright and stable career ahead of you. You should be proud.

https://www.marketwatch.com/investing/stock/azo/financials


People working on their cars, no-brainer. Especially with the average age of a car in the US being about 14 yrs old. And as more EVs come online, this may or may not continue.

SF1900

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Re: Amazon raises minimum wage to $15 an hour
« Reply #26 on: October 02, 2018, 06:40:23 PM »
You know SF1900- AutoZone was just listed as one of the most recession resistant and consistently highest performing businesses out there. So you have a bright and stable career ahead of you. You should be proud.

https://www.marketwatch.com/investing/stock/azo/financials



Thank you. I am proud that I landed this job.
X

Hypertrophy

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Re: Amazon raises minimum wage to $15 an hour
« Reply #27 on: October 02, 2018, 07:05:42 PM »
 
Thank you. I am proud that I landed this job.

 ;D  I just went there the other day for some car stuff. Everybody was polite as can be. All kidding aside, the are valued at just under $20B. I never knew. Same with companies like Dollar General. Their market cap is $25 Billion!

Dave D

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Re: Amazon raises minimum wage to $15 an hour
« Reply #28 on: October 02, 2018, 07:20:00 PM »

 ;D  I just went there the other day for some car stuff. Everybody was polite as can be. All kidding aside, the are valued at just under $20B. I never knew. Same with companies like Dollar General. Their market cap is $25 Billion!

Walmart views dollar general as their biggest competitor (as far as market share)!

Kwon3

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Re: Amazon raises minimum wage to $15 an hour
« Reply #29 on: October 02, 2018, 09:54:14 PM »
$15 an hour at 40 hours a week is approximately $2000, adjusting for state and local taxes. It's more than enough for a single person to live ALONE (no roommates) on a budget in rented lodgings and have money saved over after their usual monthly expenses (food, car insurance, gas, cellphone bill, groceries). I never said anything about kids or a wife or an elderly/sick dependent. That being said, subsidies do exist for those extra burdens if you file the right paperwork and demonstrate you need additional help beyond what you make. In fact, that's what drove the pay hike in the first place: There was a law passed that the company would be penalized for every dollar in food stamps or other assistance their minimum-wage employees received on top of their salaries. It's certainly not a bad wage for a young person in their first job. Walmart recently raised its waged to around $12 an hour after years of protests and complaints by employees.

I’d have to work 100 hours a week under the table to make my bills.yes much better than minimum wage by far but no one with a house and family could live with that unless in a very depressed area.

That sucks. You may have to go back to the drawing board one day and reconfigure that setup when you can afford to. I sympathize, though, no judgments here.

I live in a rural area and $15 is more than most people make unless they are professionals.

It's a living wage in many midwestern and southern states. I mean, if someone wants more, they can try to get promoted after enough years of service or go back to school, or learn a trade. Nobody's forcing anyone to work at Amazon, right?

So the world's richest man gave his employees a raise, while at the same time alerting the media to his Noble act..so brave

It's not about bravery. It's about him being the richest man in the world and feeling the pressure from a multitude of sources: The many attempts at unionizing in his workforce that the company crushed in the past; protests by existing employees, as well as undercover reports of working conditions that included people urinating in bottles or defecating in garbage cans to avoid missing their pick targets or asking for bathroom breaks, or being dehydrated from walking around a hot warehouse all day; and reports by none other than Tucker Carlson (among others) criticizing the company for how it treats his employees on his show:



Oh...I thought only left wing media outlets focused on minimum wage and worker conditions?  ::)

No it makes him a narcissist

He was already a narcissist and will continue to be. It comes with having $150 billion as your net worth and the largest virtual retail company in the world. Has nothing to do with this pay raise. That's just good business.

USA doesn't need a useless minimum wage................


USA needs a Salary Cap

The Soviet Union had that, too. It closed down. Idiot.

I am an Assistant Store Manager at Auto Zone and I make between $13-14 an hour. At times, its a slight struggle but I make do.

I don't believe anything you write here but for those who do occupy that position at Auto Zone, good on them. One day they might get their own store.

think again

No. You think again.

Goodrum is offline because he is applying for Amazon warehouse jobs!  :D

Haha. He's too fat for most of their hourly jobs.

IRON CROSS

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Re: Amazon raises minimum wage to $15 an hour
« Reply #30 on: October 02, 2018, 10:37:57 PM »
Amazon.com 5*  :)

Amazon.com.au sucks   >:(

pellius

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Re: Amazon raises minimum wage to $15 an hour
« Reply #31 on: October 03, 2018, 12:30:15 AM »
I’d have to work 100 hours a week under the table to make my bills.yes much better than minimum wage by far but no one with a house and family could live with that unless in a very depressed area.

So you work over 14 hours a day seven days a week, presumably, you work out being on this board, and yet you still have time to post on GetBig.

Props!

cephissus

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Re: Amazon raises minimum wage to $15 an hour
« Reply #32 on: October 03, 2018, 01:10:56 AM »
just left amazon after 5 years, took my boss down with me

the unions should be coming soon ;D

robcguns

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Re: Amazon raises minimum wage to $15 an hour
« Reply #33 on: October 03, 2018, 02:14:47 AM »
So you work over 14 hours a day seven days a week, presumably, you work out being on this board, and yet you still have time to post on GetBig.

Props!

I have my own business and some days I work 10-12 hours some days I don’t work at all.I would have to work 100 hours a week under the table if I was getting 15.00 an hour just to pay bills and I would still be short is what I said.

Grape Ape

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Re: Amazon raises minimum wage to $15 an hour
« Reply #34 on: October 03, 2018, 04:44:40 AM »
Highest paid employee salary of any company can only be 10x that of the lowest paid employee...


easy....



And completely stupid.
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Core

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Re: Amazon raises minimum wage to $15 an hour
« Reply #35 on: October 03, 2018, 05:57:50 PM »
Jesus I wouldn't even get out of bed for 15 n hour. Some of you guys need to aim higher. How can anyone be ok with making 15 bucks an hour??

SF1900

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Re: Amazon raises minimum wage to $15 an hour
« Reply #36 on: October 03, 2018, 06:46:36 PM »
Jesus I wouldn't even get out of bed for 15 n hour. Some of you guys need to aim higher. How can anyone be ok with making 15 bucks an hour??

What about 15.25?
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Re: Amazon raises minimum wage to $15 an hour
« Reply #37 on: October 03, 2018, 07:02:50 PM »
The reality of this Bezos move is that 1) He eliminated stock and bonuses from the employees pay, 2) He is giving the employees who currently make $15/hour a very small raise so essentially those who worked their way up are now no different than entry level people (fcking stupid move)3) He is investing in warehouse automation at a lightning fast clip and won't need a lot of employees anyways and 4) He is worried about antitrust action so he tried to placate the liberal Democrats in Congress and get them on his side.

oldtimer1

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Re: Amazon raises minimum wage to $15 an hour
« Reply #38 on: October 03, 2018, 08:00:30 PM »
$15 an hour will force many businesses to pay people with cash. Imagine how a little business with three employees will survive like a dry cleaner if they are shelling out over 100k in salary and health benefits? 

Minimum wage was never meant to be a career. It's a job for high school, college kids and those supplementing the main family income. If this spreads it will be nearly impossible for a high school or college student to find a job. Many jobs will be lost too. This liberal BS that they are going to force businesses to pay a minimum wage of 30K is socialism and it will back fire in the end.

oldtimer1

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Re: Amazon raises minimum wage to $15 an hour
« Reply #39 on: October 03, 2018, 08:07:04 PM »
The reality of this Bezos move is that 1) He eliminated stock and bonuses from the employees pay, 2) He is giving the employees who currently make $15/hour a very small raise so essentially those who worked their way up are now no different than entry level people (fcking stupid move)3) He is investing in warehouse automation at a lightning fast clip and won't need a lot of employees anyways and 4) He is worried about antitrust action so he tried to placate the liberal Democrats in Congress and get them on his side.

Great explanation!

Dave D

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Re: Amazon raises minimum wage to $15 an hour
« Reply #40 on: October 03, 2018, 09:08:47 PM »
$15 an hour will force many businesses to pay people with cash. Imagine how a little business with three employees will survive like a dry cleaner if they are shelling out over 100k in salary and health benefits? 

Minimum wage was never meant to be a career. It's a job for high school, college kids and those supplementing the main family income. If this spreads it will be nearly impossible for a high school or college student to find a job. Many jobs will be lost too. This liberal BS that they are going to force businesses to pay a minimum wage of 30K is socialism and it will back fire in the end.

$15 is their hiring wage. What theyre doing is similar to what Henry Ford did with the $5 a day wage. In theory $15 will attract a better employee.  

Years ago in Detroit McDonalds offered higher starting wages to compete with factory jobs. When the factorys shut down McDonald's didnt have to offer as competitive starting salary.

Amazon will only hire so many people. This isnt going to raise minimum wage nation wide this is only going to make amazon a desired place for a certain type of manual laborer.

Eventuality Amazon will raise prices to offset costs.

It's not going to be the start of socialism.

SOMEPARTS

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Re: Amazon raises minimum wage to $15 an hour
« Reply #41 on: October 03, 2018, 10:12:14 PM »


It's not going to be the start of socialism.



The danger is the centralization/concentration of service that Amazon offers. Goes against everything established against monopolies in the past. That's what makes it the perfect company store partner for huge govt and minimum basic income AKA socialism.

Dave D

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Re: Amazon raises minimum wage to $15 an hour
« Reply #42 on: October 03, 2018, 10:16:43 PM »


The danger is the centralization/concentration of service that Amazon offers. Goes against everything established against monopolies in the past. That's what makes it the perfect company store partner for huge govt and minimum basic income AKA socialism.

Valid point. It's interesting that there hasnt been government intervention yet.

Kwon3

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Re: Amazon raises minimum wage to $15 an hour
« Reply #43 on: October 03, 2018, 11:06:30 PM »
$15 an hour will force many businesses to pay people with cash. Imagine how a little business with three employees will survive like a dry cleaner if they are shelling out over 100k in salary and health benefits?  

Minimum wage was never meant to be a career. It's a job for high school, college kids and those supplementing the main family income. If this spreads it will be nearly impossible for a high school or college student to find a job. Many jobs will be lost too. This liberal BS that they are going to force businesses to pay a minimum wage of 30K is socialism and it will back fire in the end.

No, it won't. You don't realize how much executive pay has ballooned in the last 20 years. A lot of C-suite people are taking home 8 figures in bonuses and stock options, on top of salary, while the people who keep their fucking trucks moving and pick and pack their shitty Chinese microwaves and blenders are on food stamps. That's not right, and that's why these mega-rich companies like Walmart and Amazon are all raising their pay. It's not socialism, it's fucking common sense. $7-$12 isn't a living wage in 2018. All management pay has grown for inflation, but rank and file pay hasn't. The billionaire owners of Walmart didn't lose a dime by raising the pay to $12 from whatever it was before.

Amazon's dirtiest employment practices aren't even for their warehouse staff. It's for their self-employed residential delivery drivers, who make shit for pay and have to deliver a ton of packages or get canned by the end of the day.


pellius

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Re: Amazon raises minimum wage to $15 an hour
« Reply #44 on: October 04, 2018, 01:50:21 AM »
No it makes him a narcissist

So what? If someone is helping make other people's lives better what does it matter what kind of person you think he is? As long as he didn't make his money by killing people like a drug dealer what makes you think you can read his mind and determine his motivations for helping others? All you can be sure of is his actions. What he actually does. Why he does it is of much less importance.

Kwon3

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Re: Amazon raises minimum wage to $15 an hour
« Reply #45 on: October 04, 2018, 01:52:31 AM »
So what? If someone is helping make other people's lives better what does it matter what kind of person you think he is? As long as he didn't make his money by killing people like a drug dealer what makes you think you can read his mind and determine his motivations for helping others? All you can be sure of is his actions. What he actually does. Why he does it is of much less importance.

Good post and well said. Seems you can't do anything anymore without being trashed for your motives. Just because the guy was very innovative and is very successful is no reason to jackhammer his decisions on what to do with his own business.

pellius

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Re: Amazon raises minimum wage to $15 an hour
« Reply #46 on: October 04, 2018, 02:01:38 AM »
USA doesn't need a useless minimum wage................


USA needs a Salary Cap



Really? How does that help anything? And how will that work?

Say you start a business and make an annual profit of one million a year. Say the business is such a success because of a very productive employee whom you pay 500 grand a year. This employee starts winning contracts and his productivity goes through the roof and your million a year profit goes to twenty million.  You now want to give him a raise to two million a year but you can't because the salary cap is one million. Now what? As the owner, you HAVE to keep that additional profit or do business owners also have a salary cap? And if they do, say a ten million cap, where is that additional ten million profit go? What if a foreign company wants to hire this employee more that you are ALLOWED to pay him?

Kwon3

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Re: Amazon raises minimum wage to $15 an hour
« Reply #47 on: October 04, 2018, 02:05:46 AM »
^^^ All questions beyond the scope of laisser-faire leftists.

All they want is for hourly rank-and-file workers to make more and CEOs to make less. They can't explain why but there it is. They usually also believe if you tax the wealthy more, it'll create prosperity for all.

In fact, the total wealth in private hands is about $3 trillion if we're talking billionaires only. Break that down into equal sums for 325 million people and what do you get? $9200 per American. That's all. And keep in mind that's assuming you took ALL their wealth, not, say, 10% more, or 15% more.

It's insane. It makes NO sense and flies in the face of merit-based compensation and the laws of nature. Do people give bears and tigers less food and wolves and foxes more?

pellius

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Re: Amazon raises minimum wage to $15 an hour
« Reply #48 on: October 04, 2018, 02:10:03 AM »
$15 an hour at 40 hours a week is approximately $2000, adjusting for state and local taxes. It's more than enough for a single person to live ALONE (no roommates) on a budget in rented lodgings and have money saved over after their usual monthly expenses (food, car insurance, gas, cellphone bill, groceries). I never said anything about kids or a wife or an elderly/sick dependent. That being said, subsidies do exist for those extra burdens if you file the right paperwork and demonstrate you need additional help beyond what you make. In fact, that's what drove the pay hike in the first place: There was a law passed that the company would be penalized for every dollar in food stamps or other assistance their minimum-wage employees received on top of their salaries. It's certainly not a bad wage for a young person in their first job. Walmart recently raised its waged to around $12 an hour after years of protests and complaints by employees.

That sucks. You may have to go back to the drawing board one day and reconfigure that setup when you can afford to. I sympathize, though, no judgments here.

It's a living wage in many midwestern and southern states. I mean, if someone wants more, they can try to get promoted after enough years of service or go back to school, or learn a trade. Nobody's forcing anyone to work at Amazon, right?

It's not about bravery. It's about him being the richest man in the world and feeling the pressure from a multitude of sources: The many attempts at unionizing in his workforce that the company crushed in the past; protests by existing employees, as well as undercover reports of working conditions that included people urinating in bottles or defecating in garbage cans to avoid missing their pick targets or asking for bathroom breaks, or being dehydrated from walking around a hot warehouse all day; and reports by none other than Tucker Carlson (among others) criticizing the company for how it treats his employees on his show:



Oh...I thought only left wing media outlets focused on minimum wage and worker conditions?  ::)

He was already a narcissist and will continue to be. It comes with having $150 billion as your net worth and the largest virtual retail company in the world. Has nothing to do with this pay raise. That's just good business.

The Soviet Union had that, too. It closed down. Idiot.

I don't believe anything you write here but for those who do occupy that position at Auto Zone, good on them. One day they might get their own store.

No. You think again.

Haha. He's too fat for most of their hourly jobs.

Masterful work on using the multi-quote function. I don't even know how to use it.

One of the marks of a top tier poster.

pellius

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Re: Amazon raises minimum wage to $15 an hour
« Reply #49 on: October 04, 2018, 02:13:52 AM »
Jesus I wouldn't even get out of bed for 15 n hour. Some of you guys need to aim higher. How can anyone be ok with making 15 bucks an hour??

Those with jobs that pay $8/hour. How much did you make on your first job? Was it more than $15 an hour adjusted for inflation. I mean, you did get out of bed.