Originally Posted by
Scoots
The reality is that businesses have to pay what they have to pay to get the employees they need. No more, no less. If they pay more they are "wasting" a resource ... this is abused most at the top where, regardless of the profits of the business many execs are paid huge money to the detriment of the company and the stock holders.
Without the $2 bump amazon was paying well above minimum wage for starter warehouse work.
As time goes we are going to try to go back to "normal", that's going to be true for companies failing and succeeding. A huge number of companies have already failed or are on the brink ... some gave up early and some tried to keep paying their employees to not work and are really suffering from it.
Amazon is doing very well financially, and it would be nice if they pushed some of that money down the structure, but the people at the very bottom are always going to be the last to get a taste since they are the most replaceable. Look at current unemployment ... I suspect Amazon will not suffer to find workers.
If Amazon said they were going to offer a 10% discount on all made in america products for the next year I would be more in support of that than staying paying the $2 an hour to the warehouse workers.
And keep in mind, those warehouse workers will just be accelerating their replacement at that $2 bump. All automation is just a matter of how long it will take to recoup the cost ... if employees are more expensive it takes less time.