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Amazon wages
Jordi Weyers
Created on May 30, 2021
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Transcript
Amazon
Raising the minimum wage
Presentation by Jordi WEYERS
Start
June 2021
Summary
01 Introduction
02 Effect #1
--> Local businesses
03 Effect #2
--> Employment rate
04 Conclusion
01
02
Subject
Why this article?
Raising wages + effects on businesses and community
UNIT 3 - WORK UNIT 8 - BUSINESS UNIT 10 - TRENDS
Amazon's minimum - 15$/h
Today minimum --> 7,25$/h President's goal for 2025 --> 15$/h
Is it sustainable ?
Effect #1 - Local businesses
Wages inscreased for the employees working in the surroundings
Pressure on the local businesses
"When you have those corporations paying that much, it just puts pressure on the smaller business owners" Tony Darden - President of a local business
Second effect
Effect #2 - Employment rate
10%
2%
INCREASED INCOMES
LOST JOBS
Conclusion
Conclusion
01
02
Businesses do not welcome that decision
People are sceptical because it decrease the competition
Thanks !
THANKS!