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Mingo Was His NameO
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It's starting already, Amazon workers bitching about change to $15 wages
quote:

warehouse near Los Angeles and announced to employees that Amazon was raising pay for its vast blue-collar work force.
As soon as he said “new Amazon minimum wage of $15 an hour,” Mr. Clark was drowned out by more than 10 seconds of cheers and high-fives.
Mr. Clark posted a video of the meeting on Twitter, where it has since been viewedmore than 400,000 times. Senator Bernie Sanders, who had repeatedly criticized Amazon for how it treated its workers, praised the raise and shared the clip, adding another half-a-million views.
But in Amazon warehouses across the country, many longtime workers are fuming that — based on the information they have received so far — they may end up making thousands of dollars less a year.


Yes, Amazon is increasing wages, which will benefit most employees. But it will no longer give out new stock grants and monthly bonuses. Some workers believe that means their total compensation will shrink.
Whether Amazon finds a way to close that gap will be closely watched in Washington. On Thursday, Mr. Sanders, an independent from Vermont, sent a letter to Jay Carney, who runs Amazon’s public policy, “asking Amazon to confirm how the total compensation of employees who would have received stock options — those with the company for two or more years — will be affected as a result of the recent changes,” according to a copy provided to The New York Times.
Mr. Sanders, who was alerted to the issue by workers, has not yet received a response from Amazon, a spokesman for the senator said.
The New York Times spoke to about a half-dozen workers around the country, from Texas to Kentucky, and viewed numerous employee discussions on Facebook. All of the workers shared their pay stubs, but few would allow their names to be used.


Near Minneapolis, Katy Iber, who handles returned products at an Amazon warehouse, works the night shift. Her region has a tight local labor market, so she already makes more than $15 an hour.
In an “all hands” meeting at the start of her shift on Thursday — her first day at work after the pay raise was announced — she learned Amazon was raising her base pay by $1 an hour.
But it was also ending monthly attendance and productivity bonuses, known as the Variable Compensation Plan, or V.C.P. And she would no longer be granted valuable Amazon shares. The trade-off meant she’d be losing money, she said.
It was as though the company were saying: “‘Thanks, we appreciate you going into the holidays. Here’s less money,’” Ms. Iber said. The Times reached Ms. Iber through the Awood Center, a nonprofit that is organizing East African workers in the region.


Amazon maintained in a statement that the higher hourly wage “more than compensates for the phaseout” of the stock and incentive bonuses. A traditional pay raise, the company said, is “more immediate and predictable.”
Amazon said more than 250,000 employees and an additional 100,000 seasonal workers would benefit from the pay changes, and announced similar changes for workers in Britain. Deutsche Bank estimated that Amazon’s pay increase “represents less than 1 percent of its projected 2019 revenue.”
For many workers, including those who work part time and were never eligible for stock and bonuses, the raises in base pay will certainly put more cash in their pockets.
Amazon officials said that over the next week they would adjust the pay of some employees to make sure workers did not end up losing money with the changes.


The difference between what some employees believe is their total compensation and what the company believes they are being paid also may come down to accounting rules. Amazon said that if employees in 2018 get stock that was granted to them two years ago, that legally counts as compensation this year. But some employees believe that was compensation for work done two years ago.
The difference — whether because of miscommunication or incomplete information given to employees — has resonated in Amazon warehouses around the country, particularly with employees with a longer tenure at the company.
The dispute is over two compensation programs that will end on Nov. 1. The first, the Variable Compensation Plan, is paid out each month. It offered up to a 4 percent bonus for attendance, and an additional 4 percent if a worker’s building met certain production goals.
Ms. Iber said someone in her warehouse wrote “BRING BACK VCP!!!!” on a whiteboard where employees are encouraged to communicate with management.





Dumbasses were short sighted and have now lost stock options for a higher hourly wage.
This post was edited on 10/11 at 10:13 am


OysterPoBoy
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re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

attendance bonuses


WTF. I thought that's what a paycheck was.


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choupiquesushi
LSU Fan
yaton rouge
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re: It's starting already, Amazon workers bitching about change to $15 wages
lemme guess bitching about paying more in taxes.


lsu13lsu
Member since Jan 2008
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re: It's starting already, Amazon workers bitching about change to $15 wages
Did anyone really think Amazon's expenses would go up?

They lowered incentives/bonuses and increased wages. The hard workers seem to have been punished.
This post was edited on 10/11 at 10:25 am


Corkfather
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Texas Hill Country
Member since Sep 2007
19372 posts

re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

lemme guess bitching about paying more in taxes.


Nah, they’re losing bonuses and stock options in exchange for a higher hourly rate.


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fallguy_1978
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Half mile from St George
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re: It's starting already, Amazon workers bitching about change to $15 wages
So go work somewhere else


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SwaggerCopter
Texas A&M Fan
H TINE HOL IT DINE
Member since Dec 2012
26787 posts

re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

The hard workers seem to have been punished.


The anthem of socialism.


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SuperFanDan
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re: It's starting already, Amazon workers bitching about change to $15 wages
Democrats are always in favor of killing the goose that laid the golden egg.


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Corkfather
LSU Fan
Texas Hill Country
Member since Sep 2007
19372 posts

re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

They lowered incentives/bonuses and increased wages. The hard workers seem to have been punished.


They shouldn’t have bitched about what was obviously a good wage, considering most of them think they’ll make LESS now that they’re getting $15/hr, and gotten Bernie Sanders involved to begin with. They deserve to get screwed.


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colorchangintiger
Houston Astros Fan
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re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

Yes, Amazon is increasing wages, which will benefit most employees. But it will no longer give out new stock grants and monthly bonuses. Some workers believe that means their total compensation will shrink.


I mean, wouldn't you. Amazon pulled this stunt to look good and the media and politicians ate it up.


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RedPop4
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re: It's starting already, Amazon workers bitching about change to $15 wages
Since when does THAT matter to activists who push issues like minimum wage hikes and "Fight for Fifteen" and what have you. There is a great deal of talk, or there has been, on social media about how Amazon is stingy, and a horrible place to work. All that was to bolster this activism. Now we see the OTHER side of the story, and the ruinous fruits of outside activism. The loud vocal minority has ruined a good thing for a large portion of Amazon's workforce, now all to bring big business to heel, and help "the poor."



TeddyPadillac
New Orleans Pelicans Fan
Member since Dec 2010
12225 posts

re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

But in Amazon warehouses across the country, many longtime workers are fuming that — based on the information they have received so far — they may end up making thousands of dollars less a year.


Boo fricking hoo. My company took away quarterly and annual bonuses from us. I lost a sure $10k b/c of that, and that once every 4 r so years I hit the jackpot and get that annual at $50-$70k. I started looking for a different job, and will start that new job in January.


Fishwater
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Member since Aug 2010
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re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

They lowered incentives/bonuses and increased wages. The hard workers seem to have been punished.



Sharing the wealth....

Image: https://upload.wikimedia.org/wikipedia/commons/thumb/9/91/HueyPLongGesture.jpg/220px-HueyPLongGesture.jpg


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110
tigahbruh
LSU Fan
Louisiana
Member since Jun 2014
648 posts

re: It's starting already, Amazon workers bitching about change to $15 wages
Bezos is working that cronyism, too. By pushing for a federal min wage hike, he's crippling any competition before it can get legs.
Congrats, Bernie. You've hamstrung the most productive workers, rewarded the lazy ones, and protected the interests of the billionaires at cost to the consumers.
A Good day's work.


Salmon
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re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

Dumbasses were short sighted and have now lost stock options for a higher hourly wage.


according to the article, many workers were upset when it was announced because they knew this was coming

quote:

There were so many negative pending posts on the day Amazon announced the $15 wage that a moderator wrote that she had deleted them and pleaded with workers to write to the corporate offices in Seattle rather than vent online.




This post was edited on 10/11 at 10:21 am


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Thias2685
LSU Fan
Member since Sep 2012
2040 posts

re: It's starting already, Amazon workers bitching about change to $15 wages
This was nothing more than a PR stunt for Amazon. The benefits that were cut outweigh the wage increase. Then Amazon Prime goes up 20%. Bezos is laughing all the way to the bank while fricking both his employees and customers.


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120
beerJeep
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Louisiana
Member since Nov 2016
15009 posts

re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

You've hamstrung the most productive workers, rewarded the lazy ones, and protected the interests of the billionaires at cost to the consumers. A Good day's work.


Yay socialism!


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61
NASA_ISS_Tiger
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Huntsville, Al via Sulphur, LA
Member since Sep 2005
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re: It's starting already, Amazon workers bitching about change to $15 wages
quote:

They lowered incentives/bonuses and increased wages. The hard workers seem to have been punished.


Kinda like a union.


TigersSEC2010
Mesa, AZ
Member since Jan 2010
29651 posts
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re: It's starting already, Amazon workers bitching about change to $15 wages
Why is Bernie even involved? This is a private company doing its thing. He has no right to question what they choose to pay their employees.


RB10
LSU Fan
Member since Nov 2010
27780 posts
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re: It's starting already, Amazon workers bitching about change to $15 wages
The moment this "Fight for Fifteen" started Amazon was licking their chops. I can guarantee it didn't take long for them to realize this was a win/win.

They got to look like the hero the working class thought they deserved while actually cutting costs.
This post was edited on 10/11 at 10:27 am


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