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

By Anonymous

New level starts Nov. 1, covers more than 250,000 current employees, 100,000 seasonal workers

Amazon.com Inc. said it is raising the minimum wage it pays all U.S. employees to $15 an hour, firing back at criticism over its compensation for warehouse workers and stoking competition for labor in the holiday-shopping period.

The new minimum wage will kick in Nov. 1, Amazon said on Tuesday, covering more than 250,000 current employees, or more than 40% of its global workforce. Another more than 100,000 seasonal holiday employees will be granted the higher pay.

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