Amazon raises minimum wage to $15 for all US employees
| Sara Salinas
reports on Amazon
’s announcement that next month it will be raising its minimum wage to $15 per hour. This is an aggressive response to the ongoing criticism of the company’s policies. Notably, this new minimum will include part-time and temp workers, who generally are paid less that full-timers.
Weeks ago, Bernie Sanders
proposed the BEZOS Act
, named after Amazon CEO Jeff Bezos
, with the express goal of taxing corporations to make them return the social benefits that Sanders states state and federal governments make to employees that are underpaid. I wrote about it here
It’s not clear that $15 per hour is adequate in more expensive regions. For example, New York
’s airport workers just closed a deal
with the Port Authority
putting them on a path to $19 per hour.
Still, this closes the gap between Amazon and it’s competitors Target – raising minimum wage to $15 by 2020 – and Walmart – raising minimum wage to $11.
that this step would be reflected in future profits.
Amazon is also in the headlines for leaked training videos
that show the company’s aggressive opposition to union organizing. This higher wage approach might be another argument against unions forming in the company.
By 2019, every public company headquartered in the state must include at least one woman on the board of directors, or face a fine. By 2021, the law will require nearly equal representation, with at least two women required for five-person boards and three women for six-person boards. (You can read the full bill here.)
Brown didn’t sugarcoat the challenges of implementing such a law. It will undoubtedly face numerous constitutional challenges in court. But he wrote in a signing statement that the time has come, especially given “recent events” in the US capital, which has been riveted, along with much of the country, by the Senate confirmation hearings of US Supreme Court nominee Brett Kavanaugh.
“I don’t minimize the potential flaws that may prove fatal to its ultimate implementation. Nevertheless, recent events in Washington D.C.—and beyond—make it crystal clear that many are not getting the message,” Brown wrote.
“Given all the special privileges that corporations have enjoyed for so long, it’s high time corporate boards include the people who constitute more than half the ‘persons’ in America,” he continued.
A number of challenges remain, however, since companies are regulated by the states in which they are incorporated, so many California companies are actually Delaware corporations.
CALmatters reports that 25% or more of 445 publicly-traded cmopanies based in California have zero women on their boards.
It would be much better if this was a federal law.