Original article by Jacob Greber
The Australian Financial Review – Page: 15 : 4-Oct-18
US-based e-commerce giant Amazon has advised that its minimum wage will be increased from about $US11 an hour to $US15 ($20.85). The move will boost the pay of about 250,000 workers, and CEO Jeff Bezos has urged other companies to follow Amazon’s example. The hourly pay rate for entry-level employees at rival retailers Wal-Mart and Target is around $US11 and $US12 respectively, while the federal minimum wage rate is just $US7.25 an hour.
AMAZON.COM INCORPORATED, WAL-MART STORES INCORPORATED, TARGET CORPORATION, UNITED STATES. FEDERAL RESERVE BOARD, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, DEMOCRATIC PARTY (UNITED STATES)