Warehouse Hiring
Hey Amazon detractors, Amazon Hiring 75,000 Workers, Offering Some $1,000 Signing Bonuses
Amazon.com Inc. AMZN is hiring 75,000 workers and offering $1,000 signing bonuses in some locations, the latest hiring spree in what has been a year of tremendous growth.
The retail and tech giant said the new roles—representing nearly 8% of its U.S. workforce—are offering average pay of $17 an hour, an increase over the company’s typical starting wage of $15 an hour.
The company in April said it was raising wages for more than 500,000 hourly employees by between 50 cents and $3 an hour, an investment of more than $1 billion. Chief Financial Officer Brian Olsavsky has said that competition for employees will rise.
Amazon Employs Nearly a Million People
Amazon employs about 950,000 people in the US alone. That’s double what it was three years ago.
It is paying $15 an hour minimum in the US.
Amazon a Godsend
Amazon is a godsend. It lowers prices, makes things more affordable for everyone, and employs a million or so people.
Instead of rushing out to the store to buy something, if you can wait a day it will be delivered right to your door.
What About Critics?
Q: Will that silence its critics?
A: Of course not
Amazon critics will not be happy until the company is split up and founder Jeff Bezos is forced to give away his wealth.
Unionization Effort Failed
In April, I noted that By an Overwhelming Margin Alabama Amazon Workers Reject the Union.
The minimum wage in Alabama is $7.25 an hour. The union would collect dues while doing nothing for the employees.
Why I Hate Unions
For a discussion of issues on public and private unions please see my take Why I Hate Unions
Amazon Prevails in Another Tax Big Tech Case With The EU
Ensuring all companies pay a fair share of tax is a marathon not a sprint. We’ll analyse today’s judgments. Both confirm State aid rules apply & selective tax benefits harm fair competition. So we keep working, also to seize momentum to update our tax laws https://t.co/ngSomXSJN0
— Margrethe Vestager (@vestager) May 12, 2021
Yesterday, I noted Amazon Prevails in Another Tax Big Tech Case With The EU
Critics and fools led by EU nannycrats want to break up Amazon and tax it to death.
Mish
