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Re:Amazon says wage hike ‘more than compensates’ for loss of... by swarnie_ on Thursday October 11, 2018 @11:40AM (#18194406)
I'm going to assume a lot of these warehouse workers would rather have more money in there pay packet now then a share or two which need years to vest with an unknown value.
Re:Amazon says wage hike ‘more than compensates’ for loss of... by class_struggle on Thursday October 11, 2018 @11:58AM (#18194587)
The cash bonuses were monthly. I used to work in those warehouses. They definitely helped. Amazon and Bezos could definitely afford to keep all those programs and still give those employees a raise they deserve. The working conditions there are terrible.
Re:Amazon says wage hike ‘more than compensates’ for loss of... by ceejayoz on Thursday October 11, 2018 @11:51AM (#18194511)
That's true for shares, but NPR had interviews with Amazon warehouse workers that indicated the cash bonuses are monthly. One of the interviewees indicated his bonuses would sometimes equal his salary during busy periods like the holidays.
Re:Amazon says wage hike ‘more than compensates’ for loss of... by p0rkbelly on Thursday October 11, 2018 @01:20PM (#18195297)
I wonder what % of the employees got bonuses though. are 95% of the employees better off, and the highest performers taking home less?
Re:Amazon says wage hike ‘more than compensates’ for loss of... by krapp on Thursday October 11, 2018 @05:57PM (#18197337)
It depends on whether your entire building exceeds productivity by a certain amount, which isn't guaranteed. Also, employees lose half or all of their bonus for the month using UPT, which puts them one flat tire or traffic jam away from potentially losing out even if they would otherwise get VCP that month.

When it works, it works, the problem is you can't predict it, and since you can't predict it, you can't depend on it.