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Scoop.it!
Tech giant’s minimum wage rise more to do with looming labour shortage than philanthropy Via Graham Watson 
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Scoop.it!
The online giant is lifting UK hourly pay to between £9.50-10.50 an hour and US pay to $15. Via Graham Watson
Graham Watson's curator insight,
October 2, 2018 7:58 AM
Amazon has responded to criticism of its low pay by increasing wages for its lower-paid workers in both the UK and the US. Whilst this is clearly ethical, you might ask if this this is profit-maximising behaviour? |
Larry Elliott's first part of his business briefs is insightful: are Amazon altruists. Or are they? He suggests that the higher wage reflects the prevailing D&S conditions in the labour market that have driven wages higher.