Amazon CEO Jeff Bezos challenges rival retailers to raise their minimum wages, too

Amazon CEO Jeff Bezos challenges rival retailers to raise their minimum wages, too

5 years ago
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https://techcrunch.com/2019/04/11/amazon-ceo-jeff-bezos-challenges-rival-retailers-to-raise-their-minimum-wages-too/

Amazon CEO Jeff Bezos challenged rival retailers to increase their minimum wages to $16 per hour, in his annual letter to shareholders released on Thursday. Amazon in November had raised its own minimum wage to $15 per hour, in response to the ongoing criticism around pay disparity and poor working conditions. Bezos suggested other retailers should follow Amazon’s lead, or push it to do even better.

“Today I challenge our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage,” Bezos wrote. “Do it! Better yet, go to $16 and throw the gauntlet back at us. It’s a kind of competition that will benefit everyone.”