Teamsters local 570

Amazon Warehouse Workers Lose Bonuses, Stock Awards for Raises

Posted On: Oct 04, 2018

October 4, 2018 | WAGES | Amazon is eliminating monthly bonuses and stock awards for warehouse workers and other hourly employees after the company pledged this week to raise pay to at least $15 an hour. Warehouse workers for the e-commerce giant in the U.S. were eligible in the past for monthly bonuses that could total hundreds of dollars per month as well as stock awards, said two people familiar with Amazon’s pay policies. The company informed those employees Wednesday that it’s eliminating both of those compensation categories to help pay for the raises, the people said… Bloomberg