Todd Mundt

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The move was tactically brilliant. Amazon had surveyed its warehouse workers over the years and found a large majority were living paycheck to paycheck and would rather have the instant gratification of up-front pay than stock grants. By getting rid of the grants, Bezos not only helped to partially offset the pay increase but eliminated another incentive for unproductive or disgruntled low-level workers to stay at the company for more than a few years. The wage hike also satisfied many of Amazon’s critics, made arduous fulfillment center work more appealing to job candidates, and put the ...more
Amazon Unbound: Jeff Bezos and the Invention of a Global Empire
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