Amazon Raises Minimum Wage for Employees to $15 USD
with Marshall Meyer, Matthew Bidwell, and Matthew Johnson
This Week in Business · Wharton Podcast Network
October 10, 201825m 37s
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Amazon just announced they would raise the minimum wage for their employees to $15 an hour, after public criticism of the richest man in modern history employing workers earning an average of $28,000 a year. This increase more than doubles the national hourly wage at $7.25, which many people question if it even qualifies as working wage today, and affects about $350,000 people a year, including about a third of which are seasonal employees. Host Dan Loney talks with Marshall Meyer, Emeritus Professor of Management at the Wharton School, Matthew Bidwell, Associate Professor of Management at the Wharton School, and Matthew Johnson, Research Scientist at the Sanford School of Public Policy at Duke University, to look at how higher wages may attract and retain workers in a service economy on Knowledge@Wharton.
Hosted on Acast. See acast.com/privacy for more information.