Amazon raises overtime pay for warehouse workers

Post by Klinky » Sun, Mar 22, 2020, 12:43 AM UTC

Consultant32452 wrote: post #89

bdefore wrote: post #21

Glad to see this from Amazon, although I see it heading off the inevitable. Wouldn't this be the most powerful moment for employees in 'essential' services to engage in worker strikes? Is there any legal precedent for what governments would do? With all this war rhetoric thrown around, it seems a reasonable jump to declare essential workers troops on the frontline deserving of what we give other troops (free health c…

If that happens I'll show up at my local warehouse and work for free. People are dying.

Post by Ididntdothis » Sun, Mar 22, 2020, 1:03 AM UTC

wilma5 wrote: post #179

decebalus1 wrote: post #99

Earlier quoted context omitted.

Wow.. such bubble, much removed from reality. 78% of Americans live paycheck to paycheck. And spoiler alert: it's not because of buying iphones! Yeah, fuck these people for not having proper financial education and a savings account.

All the paycheck to paycheck people I know are literally taking out loans to buy $2.5k MacBooks which they mistreat and break within a year only to buy another one.. They go through $1k iPhones and Samsung phones every couple of months due to cracked screens and have new car loans of $650 per month which they completely trash.

Post by ineedasername » Sun, Mar 22, 2020, 1:22 AM UTC

reedwolf wrote: post #86

caymanjim wrote: post #43

Earlier quoted context omitted.

The government would absolutely step in and stop a strike at Amazon right now, or just about any other business. Anyone trying to strike right now would be run out of town by citizens with torches as well. It might sound like a good idea in the abstract, but if you factor in the emotional state of the country, people would be up in arms and those on strike would get zero sympathy.

What would the Government do? Force people to go back to work at gunpoint? I'd love to see them try.

Post by jedberg » Sun, Mar 22, 2020, 1:29 AM UTC

TomVDB wrote: post #169

jedberg wrote: post #94

Earlier quoted context omitted.

The stock was purchased at an 80% discount. To be clear, it was a stock option, and the option price was 20% of the stock price. So it had to go up 20% to break even. But if it went up 40% you doubled your money. This is basically what happens behind the scenes at other companies that offer you stock compensation in the form of options. It's just all hidden from you.

the option price was 20% of the stock price. 20% off the stock price?

Post by Ididntdothis » Sun, Mar 22, 2020, 1:44 AM UTC

wilma5 wrote: post #184

Ididntdothis wrote: post #183

Earlier quoted context omitted.

Seems you know only a certain type of people. I know or have met quite a few people who almost every month worry how to get food on the table or what to do if their old beat up car breaks down.

Food is Max $150-$200 per month and a decent working car can be had for less than $2k, which can easily be afforded on even a McDonald's job, which is mostly just a socializing group. I am friends with several fast food workers and they are too busy having sex with their coworkers and partying to be concerned with any of this.