When Sears Flourished, So Did Workers. At Amazon, It’s More Complicated

Re:When Sears Flourished, So Did Workers. At Amazon, It’s Mo... by chimpburger on Tuesday October 23, 2018 @11:29PM (#18289484)

Did you even read the article? Many thousands of workers will be compensated less. The higher wages came at the cost of no more free stocks.

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Re:When Sears Flourished, So Did Workers. At Amazon, It’s Mo... by bryanlarsen on Wednesday October 24, 2018 @07:25AM (#18291410)

Nobody is going to be compensated less. The "extra" compensation they received before was simply a consequence of the fact that Amazon stock quadrupled in the last three years.

So if previously they got $14 + 0.50 in shares their total comp ended up being $16. But they still got paid less than somebody who was paid $15 in cash straight up (who could have then purchased AMZN on the market).

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Re:When Sears Flourished, So Did Workers. At Amazon, It’s Mo... by csharp on Wednesday October 24, 2018 @07:25AM (#18291411)

I think OP meant that it will hopefully cause other employers to follow lead and raise wages (e.g. fast food, other retailers, etc).

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