Detailed text transcripts for TV channel - CNN - 20181004:08:24:00
It will phase out incentive pay and stock results. now a single share of amazon is worth $1,950. hourly workers get two when they are hired and one additional share every year. amazon says employees prefer the cash to stocks. the pay hike will compensate for the benefit loss. critics were lisaying this move was good pr for amazon and good business. why? the labor market is tight. unemployment is 3.9%. retailers like amazon are fighting to retain talent. first lady melania trump heading to the next stop on the four-nation tour of africa. cnn's david mckenzie is live in johannesburg. david, ir...
Source: archive.org