“In the US, (Amazon) paid at least $15 an hour before benefits, a rate it introduced in 2018 that is double the federal minimum wage. Employers as large as Walmart and Target followed its lead during the pandemic, smaller rivals note, changing expectations in the low-wage workforce and giving a segment of the economy that traditionally had little bargaining power a rare moment of leverage over fast-food chains and manufacturers alike.”
Financial Times
June 25, 2021
“The changing expectations are now visible…(as) $15 has become the new minimum.”
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Angry disappointed employee stakeholders is an increasingly pressing peril of reputation risk.
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