Amazon to Raise Its Minimum U.S. Wage to $15 an Hour

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The bill, which had no chance of passing and was created to draw attention to Sanders' Amazon criticism, would tax large companies for every dollar their workers receive in safety net benefits like food stamps.

Most workers at Amazon's United Kingdom warehouses now receive £8 an hour, dependent on their location.

Inc said on Tuesday it would raise its minimum wage to $15 per hour for its us employees from next month as it faces criticism for pay disparity from lawmakers and labour unions.

Amazon's pay hike "shows the Fight for $15's momentum is unstoppable", Lachelle Slaughter, a McDonald's worker in Detroit said in a statement. In the U.S., workers will receive $15 an hour from the start of November. The change will affect more than 250,000 Amazon employees and 100,000 seasonal employees.

The move came as hundreds of fast-food workers allied with Fight for 15 demonstrated in MI.

Amazon has raised its minimum wage for British and American workers, in a major milestone for campaigners pushing for pay increases to tackle rising levels of poverty and inequality in both countries. And that's before taxes and other expenses are taken into account. "Obviously, it is great news for Amazon workers".

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After the $28,446 figure drew criticism from Sen.

Amazon founder and CEO Jeff Bezos said the company, with a market valuation of almost $1 trillion, heard the complaints about the pay structure. Amazon bought Whole Foods a year ago for almost $14 billion.

According to various jobs listing sites, Amazon is looking to hire some 90 people in N.C. Amazon said the change would benefit more than 17,000 Amazon employees and more than 20,000 seasonal workers who will be hired over Christmas.

Target announced in September that it would raise its minimum wage to $11 an hour and $15 by 2020. The federal rate has been stuck at $7.25 since 2009. And in that time, the rate "has lost about 9.6 percent of its purchasing power to inflation", the Pew Research Center said a year ago. But in two states (Georgia and Wyoming), it's lower, at $5.15.

The minimum wage increase could also be seen as an attempt to keep up in a "tight labor market", Neil Saunders, managing director of the consulting firm GlobalData Retail, tells CNN.

Visit HERE to find out more about the new Amazon $15 wage.

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