When Amazon announced Tuesday that it was raising its minimum wage to $15 an hour for all employees, even vocal critics of its labor practices like Senator Bernie Sanders praised the company. The retail giant’s decision will undoubtedly put more money into the hands of its workers—especially the some 100,000 temporary US employees Amazon plans to hire in the coming months for the holiday season. But some Amazon workers, including one who spoke with WIRED, think they will earn less under the new policy—even though they are receiving an hourly raise.
The reason is that in addition to raising wages, Amazon is also slashing some performance bonuses and its restricted stock unit program. In total, workers say losing the benefits may amount to thousands of dollars in lost pay annually. The median salary for Amazon employees in the US, including stock and bonuses, is $34,123, according to the company. (That figure takes into account white collar workers at Amazon’s Seattle headquarters.)
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